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    ABOUT THE FIRM

    "CHANDER PARKASH & CO. is a PARTNERSHIP FIRM in India and was firstly established by Mr. Chander Parkash (senior partner) in the year 1991 as a proprietorship concern but after 1st April 2013, it has been converted into a partnership firm with an objective of providing a wide range of auditing and financial services to our clients.

    It is a team of distinguished chartered accountants, corporate financial advisors and tax consultants. Our firm of dedicated professionals aim at providing specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced personnel who are committed to add value and optimize the benefits accruing to clients.

Chander Parkash

Qualifications: B.COM (HONS.), F.C.A.
Specialization: Assurance, Taxation, Appeals, Audit, GST
Cell: 9810056108
E-mail: cp@chanderparkash.com

He is the senior most partner of the firm who has established this firm in 1990. He has a vast experience in income tax matters and has been handling regular assessment, search & seizure, CIT(A) and ITAT cases. He has been conducting Statutory & Tax Audit, Internal Audit of Large & Medium ScaleLimited Companies. Moreover, he has also carried out Bank Audits and provided services and consultancy in the field of accounts, income tax & company law matters. And has experience of over a decade. He is a founder member of the firm and his knowledge and expertise in structuring the complex financial situations. His forte is to assist clients to grow their business in sound financial and regulatory compliant environment.

Dishant Khatter

Qualifications: B.COM (HONS.), A.C.A. Specialization: GST, Internal Audit, SOX, Taxation, Assurance and Audit
Post-Qualification Experience: 2+ Years
Cell: 9810056108
E-mail: dishant@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2016. He is the youngest partner of the firm and independently handles the various statutory audit. He brings in new and useful insight into the company and adds to the productivity. He has carried out various audits and provide specialised consultancy services. He has experience of working in listed companies and handling their various audit engagements. His experience in handling big company’s various engagement with respect to indirect tax, internal audit, compliance audit, process development etc. has helped the firm to enhance their quality of services and effectiveness of work. He has earlier worked in one of the BIG4 firms. He has also been part of Statutory Bank audits. He has been playing an active part in assisting entities with GST implementation and restructuring their business model to minimise the financial impact of GST and maximise the benefits of it.

Amit Kumar

Qualifications: B.COM (HONS.), A.C.A. Specialization: Direct Tax Litigation
Post-Qualification Experience: 4+ Years
Cell: 9599313033
E-mail: amit@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2014. He is a young partner of the firm and independently handles the income tax assessment, appeals, investigation, survey and search & seizure cases. He brings in new and useful insight into the company and adds to the productivity. He has experience of handling the income tax cases of various listed companies. He advises several overseas, domestic and multinational clients operating in diverse sectors including auto-ancillary industry, automobile, aviation, hospitality, Information Technology, infrastructure projects, investment funds, media and entertainment, pharmaceutical sector, retail, real estate, and telecommunications. Armed with more than 4+ years of experience on various taxation matters, he has also hands on experience of carrying through its advice to implementation and successful defense of such advice before Tax Authorities. The Tax Practice Group has also pioneered out of the box thinking to provide innovative solutions for tax optimization and risk mitigation. He has been successful in defending many of its clients at various fora including the Commissioner of Appeals, Dispute Resolution Panels, Income Tax Appellate Tribunals, etc.

TEAM

"Our team is trained to perform the assigned task with honesty, integrity and dedication. Having good public relation skills and satisfying client's grievances are their main priority. They also make sure the efficiency and effectiveness of work is maintained. Total number of staff members with classification is stated below:-

The office infrastructure is built with a view to provide smooth operation of assignments. Moreover, there are separate cabinets for different tasks to ensure hassle free working environment. Also, a server has been installed for timely backup of data and to reduce data loss and redundancy.

15

SUPPORT STAFF

10

PROFESSIONALS

10

ASSURANCE SERVICE PROVIDERS STAFF

COMPUTERISATION

More 25+ systems equipped with various assurance softwares used nation wide

WORK EXPERIENCE

STATUTORY AUDIT

The firm is engaged in statutory audit of various limited and private limited companies which are manufacturers, traders, export houses, service provider etc. including group of companies having turnover of more than 250 crores.

TAX AUDIT

Tax audits of various companies, partnership firms and proprietorship concerns are conducted timely.

COMPANY LAW MATTERS

The firm also does Roc work like formation of companies, maintaining statutory books and records of companies, drafting minutes thereof etc. for its clients. DIRECT TAXES Preparation of income tax returns, wealth tax returns, representation of scrutiny cases & appeals are also done at the workplace.

MANAGEMENT SERVICES

Preparation of project reports for term loans and working capital limits from various banks and financial institutions are also done.

BANK AUDIT

The firm has experience of conducting statutory audit of several branches of Punjab National Bank.

CONSULTANCY

The firm has great expertise in providing consultancy related to tax planning, tax returns and filing, internal management and financial issues.

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SERVICES

AUDIT

  • Statutory and Tax Audit
  • Financial Institution and Bank Audits
  • Internal Audit
  • Stock Audit

ACCOUNTING

  • Preparation of accounts as per Accounting Standard.
  • Computerized accounts with inventory.
  • Computerized accounts with vat, service tax and TDS

FIRMS, SOCIETIES AND TRUST

  • Drafting of Partnership and Trust Deeds
  • Formation and Registration
  • Registration under Income Tax & Act

START UP VENTURES

  • Identifying appropriate entry route
  • Formation of Legal Entity in India i.e. Incorporation of a company and preparation of Memorandum and Articles of Association and other legal support.
  • Due diligence reviews
  • Regulatory approvals
  • Including Foreign Investment Promotion Board (FIPB), Reserve Bank of India (RBI), Secretariat of Industrial Approval (SIA), Registrar of Companies (ROC) and other concerned authorities
  • Representative office Facility
  • During the 'in transit period' support for office infrastructure and manpower is provided to the company

OTHER SERVICES

  • Outsourcing of accounts and payroll functions of organizations.
  • Investment Planning and tax restructuring for individuals so as to optimize their return on investment and minimize the tax burden.
  • Allotment of Collection Centre of Income Tax Returnsin Delhi to chartered Accountants and Advocates for franchisee of E-return Intermediary.
  • Certified Filing Centrefor online filing of e forms under MCA21Project of Ministry of Company Law Affairs.
  • Procurement of Digital Signaturesof TATA Consultancy Services CA mandatory for e filing of Income Tax Return by all Corporate Entities and e Forms under MCA21 Project.
  • Procurement of Director Identification Number (DIN)

INCOME TAX & FBT

  • Tax Planning and Consultancy
  • Search and Seizure cases
  • Appeals before CIT and ITAT Delhi.
  • Facility to accept and loading of E-return of Income
  • Quick Processing and Timely Refund
  • Bulk filing of Income Tax Returns of employees of Companies and other business entities.
  • Preparation and filing of Income Tax/ Wealth Tax returns with statement of accounts of individuals, HUFs, Partnership Firms, Trusts/Institutions and Companies.
  • Preparation and submission of E-TDS returns

NON-RESIDENT TAXATION AND FEMA

  • Tax Advisory Services and filing of e-Tax returns
  • Setting up a Branch office/ Liaison office/ Project office in India
  • Banking and Remittances
  • Investment advisory support

COMPANY LAW MATTERS

  • Approval of name for New Company
  • Formation and alteration
  • Matters related to ROC and CLB
  • Maintenance of Statutory Records
  • Planning and consultancy
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ENQUIRY

HEAD OFFICE

207, PADMA TOWER - II,22 RAJENDRA PLACE NEW DELHI - 110088.

EMAIL: office@chanderparkash.com

PARTNERS: cp@chanderparkash.com, dishant@chanderparkash.com

MOBILE: 9810056108

PHONE: 011-25731059, 011-25731060, 011-41539570

FAX: 011-25741070

CONTACT FORM

GOT A QUESTION? WE'D LOVE TO HEAR FROM YOU. SEND US A MESSAGE AND WE'LL RESPOND AS SOON AS POSSIBLE.

 
     
   
 
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Income_Tax_Rules
Section / Rule Number   Content   
 
16A Prescribed authority for approving any institution or body established for scientific research
16B Prescribed authority for the purposes of clauses (8A) and (8B) of section 10
16C Requirements for approval of a fund under section 10(23AAA)
16CC Prescribed form of audit report under tenth proviso to section 10(23C)
16D Form of Report for claiming deduction under section 10A
16DD Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section (1B) of section 10A
16E Form of Report for claiming deduction under section 10B
16F Form of Report for claiming deduction under section 10BA
17 Exercise of option etc under section 11.
17A Application for registration of charitable or religious trusts, etc.
17B Audit report in the case of charitable or religious trusts, etc.
17C Forms or modes of investment or deposits by a charitable or religious trust or institution
17D Prescribed foreign projects for the purposes of deduction in respect of profits and gains from projects outside India under section 80HHB
18 Accommodation and amenities to be provided by hotels.
18A Prescribed authority to certify the daily average number of rehabilitated employees in an industrial undertaking.
18AA Prescribed authority for approval of a hotel under section 80CC.
18AAA Prescribed authority for approval of a University or any educational institution of national eminence for the purpose of section 80G
18AAAA Prescribed authority for the purpose of receiving separate accounts from trusts or funds or institutions for providing relief to the victims of earthquake in Gujarat
18AAAAA Guidelines for specifying an association or institution for the purposes of notification under clause (c) of sub-section (2) of section 80G
18AAB Prescribed authority for approval of companies engaged in Scientific and Industrial Research and Development for the purposes of section 80-IA
18B Form of audit report for claiming deduction under section 80HH
18BB Form of audit report for claiming deduction under section 80HHA
18BBA Form of reports for claiming deduction under section 80HHB or under section 80HHC or under section 80HHD and prescribed authority under section 80HHD
18BBB Form of audit report for claiming deduction under section 80-I or section 80-IA or section 80-IB
18BBC Prescribed authority for approval of hotels located in certain areas
18BBD Prescribed authority for approval of companies carrying on Scientific and Industrial Research and Development
18BBE Computation of profits of certain activities forming integral part of a highway project for the purpose of section 80-IA
18C Eligibility of Industrial Parks for benefits under section 80-IA (4)(iii)
18D Prescribed authority for approval of companies carrying on scientific research and development
18DA Prescribed conditions for deduction under sub-section (8A) of section 80-IB
18DB Prescribed area, facilities and amenities for multiplex theatres and particulars of audit report, for deduction under sub-section (7A) and clause (da) of sub-section (14) of section 80-IB
18DC Prescribed area, facilities and amenities for convention centres and particulars of audit report, for deduction under sub-section (7B) and clause (aa) of sub-section (14) of section 80-IB
18DD Form of report for claiming deduction under sub-section (11B) of section 80-IB
18DE Prescribed area, minimum seating capacity, facilities and amenities for convention centres; minimum number of convention halls in the convention centres; and particulars of audit report, for deduction under section 80-ID
19 Computation of capital employed in an industrial undertaking or a hotel.
19A Computation of capital employed in an industrial undertaking or a ship or the business of a hotel for the purposes of section 80J.
19AB Form of report for claiming deduction under section 80JJAA
19AC Form of certificate to be furnished under sub-section (3) of section 80QQB
19AD Prescribed authority for purposes of sub-section(2) of section 80RRB and form of certificate to be furnished under sub-section(2) of section 80RRB
19AE Form of report of accountant to be furnished under sub-section(3) of section 80LA
20 Guidelines for approval under clause (xix) of sub- section (2) of section 80C or under clause (xvi) of sub-section (2) of section 88
20A Guidelines for approval under clause (xx) of sub- section (2) of section 80C or under clause (xvii) of sub-section (2) of section 88
20AB Evidence of payemnt of security transaction tax for claiming deduction under section 88E
21 Limits for life insurance premia in the case of authors, etc.
21A Relief when salary is paid in arrears or in advance, etc.
21AA Furnishing of particulars for claiming relief under section 89(1)
21B Relief when interest on securities is received in arrears.
18DDA Form of report for claiming deduction under sub-section (11C) of section 80-IB
21AB Certificate for claiming relief under an agreement referred to in section 90 and 90A
17CA Functions of Electoral Trusts
21AC Furnishing of authorisation and maintenance of documents etc. for the purposes of section 94A.
17CB Method of valuation for the purposes of sub-section (2) of section 115TD
21AD Exercise of option under sub-section (4) of section 115BA
21AE. Exercise of option under sub-section (5) of section 115BAA
21AF. Exercise of option under sub-section (7) of section 115BAB.
21AG Exercise of option under sub-section (5) of section 115BAC
21AH Exercise of option under sub-section (5) of section 115BAD
18AB. Furnishing of Statement of particulars and certificate
21AI Computation of exempt income of specified fund for the purposes of clause (4D) of section 10
21AJ Determination of income of a specified fund attributable to units held by non-residents under sub-section (1A) of section 115AD
21AK Conditions for the purpose of clause (4E) of section 10
21AJA Computation of exempt income of specified fund, attributable to the investment division of an offshore banking unit, for the purposes of clause (4D) of section 10 of the Act
21AJAA Determination of income of a specified fund attributable to the investment division of an
21AAA Taxation of income from retirement benefit account maintained in a notified country
21AIA Other conditions required to be fulfilled by a specified fund referred to in clause (4D) of section
21AL Other Conditions required to be fulfilled by the original fund
17AA Books of account and other documents to be kept and maintained
21AGA Exercise of option under sub-section (6) of section 115BAC