The Partnership Firm was established by Late Shri K. K. Khanna in the year 1970. He was joined by Mr. Sameep Khanna and Mrs. Ashima Khanna as partners in 2002. The firm has very diverse client profile with highly satisfied pool of clients served over five decades. Our firm is having a vast experience in diverse spheres of Audit and Taxation.
We have a good exposure in the field of auditing (including tax audits, Receipts and Disbursements of Foreign Contributions) & tax matters, including tax representations of various clients including Government and non-government organizations. While carrying out audit assignments, we pay special attention to Control Systems and also adhere to the compliance of relevant laws and Accounting Standards.
Also, we have in-depth study and experience regarding charitable institutions/trusts & are well versed in tax representation of their cases. Apart from above, we are engaged in separately examining and reporting on projects funded by foreign agencies and we also perform audit under the Foreign Contribution (Regulation Act).
The firm is empaneled with C&AG with UCN No. 107012 and CAG empanelment. No. 2159.
Staff Strength
Presently, beside Mr. Sameep Khanna and Mrs. Ashima Khanna, there is a staff of one qualified Chartered Accountant & ten experienced assistants / article clerks.
Work Handled
- Empanelled with C&AG for PSU audits, UCN No. 107012, CAG empanelment. No. 2159. Audits are allotted by C&AG.
- Conducting Statutory Audit of bank branches of banks .
- Audit & Tax representation of all types of entities ranging from Individuals, NGOs, Partnership Firms, HUFs to Companies.
- ROC matters and compliances.
- Handling TDS work.
- Tax matters/compliances and issuing compliance certificates for overseas remittances.
- GST matters & compliances/ GST audit.
We have a good exposure in the field of audit (including tax audits, Receipts and Disbursements of Foreign Contributions) & tax matters, including tax representation relating to Government and non-government organizations. We are auditors/tax consultants for number of organizations, many of which are funded by Government and overseas agencies also
Apart from carrying out audit and separately examining and reporting on projects funded by outside agencies we also audit accounts and do reporting under the Foreign Contribution (Regulation Act). Under this Act receipts of foreign grants and expenditure thereof are reported to Government of India, on Form FC-4.
While carrying out audit assignments, we pay special attention to system audit and also see that accounting standards, both Indian and International, are complied with. In addition to Audit Department we also have Taxation Department to handle the tax matters of our clients, looking after registration including u/s 12AA and 80G of the Income Tax Act.
We have in-depth study regarding charitable institutions/trusts & are well versed in tax representation of their cases.
Besides we are also auditors and tax advisors to number of commercial undertakings ranging from large individual concerns, partnership firms, HUFs, AOPs and large private limited companies.
Our Values
- Integrity
Our services are aimed at protecting our client’s interests. By adopting transparent processes and adhering to highest ethical standards, we ensure client confidentiality and strengthen our own credibility. Whilst collaborating with our clients, we remain absolutely independent to deliver unbiased opinions.
- Passion
We are passionate about our work. By creating a highly stimulating work environment, working with utmost dedication and commitment and focusing on delivery and execution, we perform to not just satisfy but delight our clients.
- Excellence
By continually focusing on quality and deploying best practices, we bring excellence in our work, add value for our clients and strive to enter the realm of perfection.
- Partnership
We collaborate with our clients in all our engagements, work with them as a team and take ownership and responsibility of work, to create long lasting partnerships.