NPV & ASSOCIATES Chartered Accountants
ISO 9001:2015 CERTIFIED
MUMBAI, INDIA
CORPORATE PROFILE
ABOUT NPV & ASSOCIATES 3
Strategic Highlights 3
Brief Profile 3
Firm’s Vision 5
Firm’s Values 5
Firm’s Services & Solutions 6
SERVICES & SOLUTIONS 7
For Companies Established / Planning To Establish In India 7
For Companies / CA Firms Outside India Wishing To Outsource
Operations To India
8
For Non Resident Indians 8
For Indian Entities Looking To Establish Business In Foreign Countries 8
APPROACH & METHODOLOGY 9
Approach to Audit 9
TEAM CREDENTIALS 10
Partners’ Profile 10
Other Key Management Personnel’s Profile
10
CONTACT INFORMATION 11
Table of Contents
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ABOUT NPV & ASSOCIATES
Strategic Highlights
NPV & Associates is a Chartered Accountants’ Firm since 1989 and is a leading service provider
to Business Enterprises in the field of Audit & Assurance Services, Taxation & Compliance
Services, Corporate & Labour Law solutions and Finance, Valuation & Management solutions.
The Firm is well equipped with a dedicated Team of Professionals and High End Infrastructure
Facilities which provides it with a wider perspective for service delivery and helps effectively
to respond to the clients’ complex business challenges with a broad range of solutions across
industry sectors.
The team of NPV & Associates consists of balanced mix of experienced and young talent. They
have a rich & wide experience in the field on Auditing, Taxation, Management Consultancy,
Project Finance, Company Law, Management Audit and Banking Services.
In addition to this, the Firm has a fine blend of professionals like Company Secretaries, Cost
& Works Accountants, Lawyers, Bankers and Management Graduates in its team. The team is
competent to carry out complex assignments related to Finance, Banking & Insurance Sector
and to provide, bouquet of Financial Services, ranging from auditing to consultancy under
one roof to all the clients.
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Brief Profile
Sr.
No.
Particulars Details
1 Name of the Firm: NPV & Associates
2 Constitution: Partnership Firm
3 Address of the Office: Head Office: NPV House, D – Chanakya, Mahavir Nagar
New Link Road, Kandivali (W), Mumbai – 400 067, India.
Ph. No. +91 22 – 2967 8231-38
Branch Office: 109, Arista, Sindhu Bhavan Road,
Pakwan Cross Road, Bodakdev, Ahmedabad – 380 059.
Ph. no. +079 – 4891 6611
Branch Office: Jamna Nivas, Bachhraj Plot,
Amravati (M.S) 444 601.
Ph. N0. +0721 - 2567 114
4 Landline Nos.: +91 22 – 2967 8231 – 38
5 E – Mail Id.: [email protected], [email protected]
6 Website: www.npvca.in
7 Date of Establishment: 10th June, 1989
8 Registration No. Of the Firm: 129408W
9 RBI Registration Number (UCN)
and Category:
898669 Category I
10 Name and Mobile Number of
Partner of the Firm for contact:
Milan Chitalia - +91 98201 10987
Suchita Shah - +91 98208 75018
11 Peer Review of the Firm: Peer Review Certificate dated – 18th December, 2018
12 Certificate: ISO 9001 : 2015 Certificate No:- 3056 dated 5th March,
2018
13 Whether any Disciplinary
Action by ICAI pending against
any member of the Firm?
N.A.
14 Member In: Indo-Canadian Business Chamber
Indo-Australian Chamber of Commerce
15 Team Strength: A) Qualified Professionals:
a. Partners: (8)
b. Other CA/ Professionals: (8)
B) Former Bank Officers / Executives:(3)
C) Articles: (32)
D) Other Employees: (41)
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Firm’s Vision
To play a pivotal role in building robust business relationship between India and Foreign Countries,
by providing quality services to businesses established in both the countries and focusing on
delivery of quality services, following highest professional standards and ethical practices.
Firm’s Values
At NPV and Associates, we are incredibly conscious and careful to have a value system in place for
our employees and clientele alike and we go above and beyond the call of duty to ensure that we
adhere to them at all times. Our responsiveness is usually unmatched. The quality of our work is
of only the highest ever standards and our synergy with the Clientele is a model in itself.
Professionalism
• Maintaining integrity in relationships
• Maintaining confidentiality in work
Responsiveness
• Delivering satisfactory, prompt and efficient service to the clients
• Ensuring continuous improvement in the processes and operations
Quality
• Persistent emphasis on quality
• Ensuring compliance to the applicable legal & statutory requirements
Stakeholders
• Utmost emphasis on client’s requirements within the regulatory framework
• Providing growth oriented and progressive work culture to the employees
• Establishing and maintaining symbiotic relations with stakeholders
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Firm’s Services & Solutions
NPV & Associates provides a host of Services and Solutions to its clients. The Firm’s services are
designed to strengthen the Company’s (or any other entity’s) ability to identify, assess and manage
business risks within a challenging and ever-changing industry and regulatory environment and
provide the Management with relevant and timely financial data to make quick and well-informed
decisions. The services are currently divided as below:
Services Basket
A. FOR COMPANIES ESTABLISHED / PLANNING TO ESTABLISH IN INDIA
• Incorporation & Business License Advisory and Registration in India
• Audit & Assurance Services
• Compliance Advisory Services
• Finance, Valuation and Management Services
B. FOR COMPANIES / CA FIRMS OUTSIDE INDIA WISHING TO OUTSOURCE OPERATIONS TO INDIA
• Outsourcing Operations
• Taxation Advisory
C. FOR NON-RESIDENT INDIANS
• Taxation Advisory of Property Transactions
• Tax Advisory on Indian Income
D. FOR INDIAN ENTITIES LOOKING TO ESTABLISH BUSINESS OUTSIDE INDIA
• Assistance in identifying Foreign Business Partners and Professionals
• Advisory on project feasibility analysis and business set-up in Foreign Countries
• Advisory on most efficient collaboration between the Indian and Foreign Partners
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SERVICES & SOLUTIONS
For Companies Established / Planning
To Establish In India:
Audit & Assurance Services
• Statutory Audit as per Companies Act, 2013
• Tax Audit Under the Income Tax Act, 1961
• GST Audit as per the applicable provisions
• Bank Audit as per the Banking Regulation
Act, 1949 and related regulations
• Internal Audit as per the relevant Statutory
and Legal Environment and Company’s
Policies and Legal Framework
• Other Audits Like Inventory Audit,
Operations Audit and Transactions Audit
Finance, Valuation and Management
Services:
• Business valuation required at the time
of restructuring of companies, which
may involve mergers, demergers and
amalgamations
• Valuation purchase/sale/acquisition of
company
• Due Diligence and Fraud Detection Services
• Transaction Advisory Services and Mergers &
Acquisition
• Book-keeping Services
Compliance Advisory Services:
A. Tax Compliance Services [Direct as well as
Indirect Taxes]
• Registration
• Filing of Returns
• Advisory on Transaction wise Tax
Implications
• Advisory on Property Transactions of NRI
• Tax Planning
• Departmental Representations
• Litigation Services
B. Corporate Law Compliance
• Corporate Law Advisory Services
• Company Incorporation Services
• Secretarial Services for Company Law
Matters
• Representations to Company Law Board
C. FEMA Compliance Services
• Advisory of Inbound / Outbound
Investments
• Advisory & Compliance w.r.t. Inward &
Outward Remittances
• Advisory Services on Double Taxation
Avoidance Agreements and its
implications
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For Companies / CA Firms Outside
India Wishing To Outsource Operations
To India:
A. Outsourcing Operations
• Book Keeping Services
• Filing Of Income Tax Returns
• Financial Data Analysis
B. International Taxation Advisory
For Non Resident Indians:
A. Taxation Advisory of Property Transactions
B. Tax Advisory on Indian Income
For Indian Entities Looking To Establish
Business In Foreign Countries:
A. Assistance in identifying Foreign business
partners and professionals
B. Advisory on project feasibility analysis and
business set-up in Foreign countries
C. Advisory on most efficient collaboration
between the Indian and Foreign Partners
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Understand the Business and Review
the Systems used in the Operations
Review of Internal Control Systems / Framework
Study the Reports by other External Auditors and Professionals,
Assess Risk and Develop Strategic Audit Plan (if available)
Execution and Discussion with Management
Reporting and Recommendations for
Improvements if required
APPROACH & METHODOLOGY
With our experience and best practices collected from inspection and auditing services and
extensive research into accounting science and industry knowledge, our team is able to deliver
high quality services. Our approach is built on our several years of experience emerged from the
assignments executed for our clients. The affiliation enables us to deliver world-class accounting
and auditing services consistently, seamlessly, globally and in accordance with the demanding
client service standards.
The Firm is committed to provide solutions for any kind of complex issues, as our important focus
is getting a deep understanding of the business objective & goals of the client and the purpose of
the assignment. We always believe in providing the best results to our client, with the help of our
knowledge of regulatory framework and auditing practices and by virtue of the past experience of
our team members of more than 3 decades.
Approach to Audit
Pictorial presentation of methodology followed is discussed here as under:
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TEAM CREDENTIALS
Partners’ Profile
Partner’s Name Qualification Expertise Experience
Harish Sheth FCA, BCom (Hons.) Compliance Advisory
Services (Direct & Indirect
Taxes)
More than 40 years
Nitin Goradia FCA, BCom, LLB Representations Services
(Direct Taxes)
More than 30 years
Milan Chitalia FCA, BCom Corporate Finance and
Business Restructuring
More than 16 years
Poorvi Chitalia FCA, BCom Individual Taxation (Direct
Taxes)
More than 14 years
Rakesh Waghela FCA, DISA, CWA, BCom Cross Border Transactions
Advisory, Compliance
Advisory Services
More than 7 years
Suchita Shah FCA, CS, MCom, Dip IFRS Audit & Assurance Services More than 7 years
Priyal Shah FCA, BCom Advisory on Systems
Improvements, Audit &
Assurances Services
More than 5 years
Akshay Jain ACA, BCom Taxation (Direct & Indirect),
Audit & Assurance Services More than 4 years
Other Key Management Personnel’s Profile
Name Qualification Expertise Experience
Pankaj Savla BCom, Diploma in Labour
Laws
Compliance Advisory
Services (Labour Law)
More than 25 years
Prabhakar
Kulkarni
BSc, LL.B, C.A.I.I.B, Dip.
In I.R.& P.M.
BFSI Advisory Services More than 35 years
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CONTACT INFORMATION
Milan Chitalia
Managing Partner
Suchita Shah
Partner
Tel +91 98201 10987
Tel +91 98208 75018
NPV & ASSOCIATES Chartered Accountants
www.npvca.in
Mumbai H.O.:
NPV House, D-Chanakya,
Mahavir Nagar, New Link Road,
Kandivali (W), Mumbai - 400 067, India.
Tel.: +91 22 2967 8231 - 38
Ahmedabad:
109, Arista, Sindhu Bhavan Road,
Pakwan Cross Road, Bodakdev,
Ahmedabad - 380 059.
Tel.: +079 - 4891 6611
Amravati:
Jamna Nivas,
Bachhraj Plot,
Amravati (M.S.) - 444 601.
Tel.: +0721 - 2567 114