ccounting is often termed as “the language of business” because of its ability to communicate abundant information that owners, managers and investors need to evaluate a company’s financial performance. When conducting business operations, organisations often need to keep score of all the information and in this case, accounting fits this need appropriately. It not only allows the business owners and managers to review the efficiency of their operations but also help them to make business decisions and improve the company’s profitability. But the tremendous changes in the Indian taxation system during the last few decades have evoked numerous challenges for the businesses in catching up with business changes and providing consistent and predictable tax regimes. This has necessitated the role of accounting and tax consultants. To counter the accounting and taxation problems which cause abruptness in the core business of clients and unnecessary hardships, I.P. Pasricha & Co was formed by CA Inderpal Singh Pasricha in 1978 and later he was joined by CA Maneet Pal Singh in year 2010 after gaining experience in two of the big four accounting firms.
With a vision of providing specialized taxation and accounting services to MSME’s and growing corporate, firm strongly believes that the key to success is “best delivery through great team” and by adhering to its ideology, firm has grown and strengthen its team to serve professionally the best not only in the field of Taxation but also in Accounting and Business & IT advisory services. Under the taxation (Direct and Indirect) vertical, firm specializes in tax structuring, tax assessments and also provide DVAT services to some of the major names in the industry including Big4 accounting firms.
“As GST is proposed to be implemented by April 2017, we see it as a game changer and believe it will have impact on almost all the aspects of business. Seeing it as a big opportunity we are aggressively focusing on GST impact assessment and implementation for our clients and making them GST compliant ready.” CA Inderpal Singh Pasricha states. Being an experienced chartered accountancy firm, firm also offers Audit & Assurance and Compliance & Regulatory services and helps the growing businesses to boost their confidence and bring economic growth as well. Witnessing the growth of MSME’s and the technological dominance in every business, firm sensed the opportunity and started rendering Business and IT advisory services in 2014 to assist its clients in streamlining, improving and automating its business processes and systems through its IT services. In addition to this, firm also holds its own proprietary software to keep a track of its employee’s efficiencies in order to ensure maximum ROI for its clients.
“I.P. Pasricha & Co holds its own proprietary software to keep a track of its employee’s efficiencies in order to ensure maximum ROI for its clients”
aving offices in Delhi and Mumbai, I.P. Pasricha & Co. has developed a client service model in order to deliver best quality services to clients irrespective to the fact which team, manager or partner is serving to client. Talking about its clients, CA Maneet states, “Our client’s range from different industry including some major MNC’s but still to name few we serve some of the big names in real estate, education and pharmaceuticals sector.” From prime focus on Taxation and Accounting services in 1978 to the Business and IT advisory services practice in 2014 and the double enhancement of manpower in the last two years, firm is growing by leaps and bounds and has gained immense popularity among companies demanding quality services. Going forward firm has plans to expand its offices in more cities like Bangalore and Pune and also strengthen its team by hiring more skilled and experienced employees.