25 Mar 2017
Slide background
Slide background
Slide background
Slide background
Slide background
Slide background

Upcoming Deadlines

CARO, 2016

Our recent publication, CARO, 2016! A comprehensive questionnaire to ascertain compliance with requirements of CARO, 2016!



BUSINESS QUOTE OF THE DAY

About Us

The firm was established in 1964 by, Late Shri Kantilal V. Patel (1925-1998). We are a member of Institute of Chartered Accountants of India, New Delhi and operate from Ahmedabad, the Financial Capital of Gujarat. We are also registered with Reserve Bank of India, Comptroller and Auditor General of India [C&AG], Registrar of Co-operative societies of India, official Liquidator of Gujarat, Life Insurance Corporation of India, to name a few.
Since 1994, we are a member firm of PrimeGlobal. This association has a membership of over 350 firms in over 90 countries around the world. PrimeGlobal stands as the third largest association of independent accounting firms across the globe with worldwide presence and massive deliverance capabilities. Long before the merger that created PrimeGlobal, Kantilal Patel & Co. was among the first firms from the sub-continent to become members of the pre-merger association, Polaris International, when it was still known as IA International.

Our Mission

  • Provide personalised services
  • Quick response to client needs
  • Strengthen system & Procedures through computerisation.
  • Provide value added services
  • Lend  credibility to financial statements
  • Maintain secrecy and confidentiality of client data
  • Maintain independence in approach

Recent Publications

A comprehensive checklist to ensure compliance Corporate Governance Provisions of the Revised Clause 49 of the Listing Agreement.

Tax Calculation

Want to know How much Income Tax you will have to pay on your income? Go on… Try the Tax Calculator below:

RSS Other News

  • Know your Registration Status under GST
    The taxpayer may now check their exact status regarding the registration under GST regime Statewise either based on Registration Number or Provisional Id or Permanent Account Number.
  • CCI order against CIL and subsidiaries for abusing dominant position
    Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for supply of non-coking coal.
  • Powers u/s. 263 cannot be invoked to substitute lawful view taken by AO with another view
    Principal Commissioner of Income Tax was trying to substitute a legally permissible view taken by the Id. AO with another view which was not a rational one. Hon'ble Apex Court in the case of Malabar Industrial Co. Ltd (supra) has clearly held that revisionary powers u/s.263 of the Act cannot be invoked for substituting a lawful view taken by the Id. Ass […]
  • Audit provisions under GST Law
    Under the Central Excise and Service Tax laws, there is no requirement for audit of accounts and furnishing reconciliation statement by an accountant except special audit.
  • Guidelines for waiver of interest charged under Section 201(1A)(i)
    In exercise of the powers conferred under clause (a) of sub-section (2) of section 119 of Income-tax Act, 1961( the Act), Central Board of Direct Taxes (the Board), hereby directs that the Chief Commissioner of Income-tax and Director General of Income-tax may reduce or waive interest charged under section 201(1 A) (i)

Please Note/ Disclaimer :All information provided on this website is general in nature. We do our utmost to ensure the accuracy, completeness and timeliness of all information provided here. Information presented should be replied upon for business, accounting and tax planning only after obtaining accounting, tax and / or legal advice. We could be pleased to consult with you & thoroughly examine the specific details of your particular request, requirement or situation.Kantilal Patel & Co. is an independent member firm of PrimeGlobal, a worldwide association of independent accounting firms and business advisors. PrimeGlobal does not and cannot offer any professional services to clients. Each independent member of PrimeGlobal is a separate firm and an independent legal entity. PrimeGlobal is not a partnership and independent member firms are not acting as agents of PrimeGlobal or other independent member firms.