AMIT B K AGRAWAL AND CO: Offering Efficient Solutions to Complex Business Issues

Amit B K Agrawal and Co
Amit Agrawal, | Founder  | Amit B K Agrawal & Co.

For any business, taking care of its clients is important. However, clients are not the only ones that need attention. A business has to take care of itself as well. There are many administrative, financial and accounting activities that are essential for the seamless working of a business entity. And to handle these, most businesses prefer to hire specialized people and companies that are dedicated to providing such services.

Amit B K Agrawal and Co. (ABKAC) is one such professional consultant offering a comprehensive suite of professional consultancy services to its clients ranging from accounting, finance and taxation to legal consultancy. Based out of New Delhi, ABKAC’s team of qualified and accomplished professionals ensure that its clients get everything under one roof.

Diverse Offerings

Team ABKAC handles the Central Excise, Service Tax, Customs, VAT and GST matters. It also handles Statutory/Internal/Forensic audit cases and have dealt with large cases, including search and seizure, inquiry, anti-evasion and audit matters and represented before the various authorities, Settlement Commission, Tribunal, etc. They are firm believers of using the latest technology to update their technical, professional skills as well as to put the value addition in various assignments. They always try to keep their clients transparently updated in all aspects.

Services offered by ABKAC fall under the following category:

Accounting & Bookkeeping Services – The company offers comprehensive accounting services to companies who wish to outsource their accounting functions. The accounting portfolio includes but is not limited to statutory bookkeeping, maintaining statutory records, accounting records, audit preparations etc.

Audit & Assurance Services – It provides assurance services to clients for ensuring the best practices and compliance with the regulatory requirements. The assurance services include but are not limited to statutory audit, auditing of special balance sheets relating to business reconstructions, reorganizations, mergers and liquidations, assistance and support for start-up, expansion, and acquisition transactions and more.

Tax & Regulatory Services – The company believes that judicious tax planning can give a cutting-edge advantage over the competitors vis-a-vis value maximization. Successful tax planning is an inseparable part of business and investment planning that must be managed year-round. That is why ABKAC integrates tax planning services into its overall role as financial advisor. It offers a wide array of regulatory services ranging from advisory to compliance services.

Direct Tax

Corporate Tax: It assists organizations in tax compliances and litigations. It provides opinion on complex tax issues and assists in the review of tax strategy, assessments, and appeals cases with the authorities.

Personnel Tax: It manages tax computation for tax withholding, advance tax, and tax filing purposes.

Indirect Tax

Service tax/ Central Excise: It assists in obtaining various registrations and routine compliances, shares expert advice and handles anti-evasion matters and audits by tax authorities. The firm also handles replies to show cause notices and appeals with the authorities like Tribunal, High Courts.

GST: It provides the overall consultancy in the field of GST. It starts right from providing the opinions on any complex matter of GST to handle the compliances including GST Audits and handling any Anti-evasion/ departmental audit or Reply to Show Cause Notice to adjudicating authorities or appeals to Tribunal/High Courts.

International Tax

Assistance in preparation of transfer pricing documentation and representation in litigations.

Tax Planning: It offers tax planning services for domestic and cross-border transactions to build an efficient tax structure for the clients.

Business Setup Services – The first steps of a business should be legally accurate. It goes a long way in handling the matters to come in a correct manner. ABKAC provides services to help the clients for the initial setup and formation of the business entities. The services include the formation of business entities and their registrations with various authorities, preparation and filing of incorporation documents, drafting of charter documents (MOA/AOA) and more.

Looking Forward to Growth

This year has been an exceptional one with a pandemic leaving most companies in losses, the government bringing new tax relaxation rules and overall changes in tax timelines. ABKAC will look forward to helping its clients understand and navigate through these changes. It will continue to provide quality services and value-driven results to its clients, both old and new. Upholding highest professional standards and providing sound advice, the firm will look forward to a year wherein it can strengthen its reputation as trusted business advisers.

About the Founder

Amit Agrawal, the Founder of Amit B K Agrawal & Co., is an Indian Chartered Accountant who established the firm in July 2009. Before establishing the firm, he was a part of the corporate environment and dealt with all the facets of finances.

After establishing ABKAC, he has not only been practicing as a CA in traditional areas of direct taxation but also in less penetrative areas of indirect taxation like Central Excise, Customs, Service tax, VAT and GST. He is the firm believer of client’s satisfaction and considers it as the firm’s prime motto.


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