ARSK & Associates Chartered Accountants

Chartered Accountants Since 1984

Over Four Decades. One firm that handles all of it.

ARSK & Associates is a Chartered Accountant firm established in 1984. We work with founders, promoters, family businesses, and multinationals navigating India's complex regulatory and commercial landscape — from day-to-day compliance to high-stakes transactions and disputes.

With professionals-led teams in Kolkata and Mumbai, and qualified professionals across audit, taxation, corporate law, and advisory, we bring the breadth of a large firm with the accountability of a practice where your partner picks up the phone.

ARSK Office Reception

How we work

01

Depth Without Complexity

We handle direct tax, indirect tax, international tax, audit, corporate law, valuations, and transaction advisory — all under one roof. You do not need to coordinate five different advisors. We handle the full picture.

02

Partner-Level Attention

Every engagement at ARSK is led by a qualified partner, not delegated down. With partners across disciplines and offices in Kolkata and Mumbai, you get senior judgment on your matters — not junior execution with partner sign-off.

03

Built for Indian Business Reality

Whether supporting a growing business, a regulated financial institution, a promoter group or an international investor, we bring an integrated perspective to complex tax, regulatory and transaction matters. Our experience extends across corporate restructurings, cross-border investments, governance, dispute support and strategic transactions.

We have been at this since 1984.


ARSK & Associates was established as a partnership firm of Chartered Accountants in 1984, with a founding commitment to delivering independent, objective, and technically sound counsel to business clients.

Four decades later, the firm's core commitments have not changed — but the practice has grown significantly in both depth and scope. Today, ARSK operates from offices in Kolkata and Mumbai, with a team of partners and a professional staff that spans Chartered Accountants, Company Secretaries, and advisory specialists.

We serve founders and promoters of growing companies, family businesses navigating succession and governance, CFOs of mid-market enterprises who need a reliable sounding board, and multinationals entering or operating in India. Our clients come to us because they want advisors who understand their business — not just their balance sheet.

Operating Regions

Kolkata (Headquarters)

Unimark Asian, 16th Floor, 52/1, Shakespeare Sarani, Kolkata 700017.

Mumbai (Branch Office)

Naman Midtown, B 206, 2nd Floor, Dr. Ambedkar Nagar, Senapati Bapat Marg, Elphinstone, Mumbai 400013.

Four integrated areas


Our practice is structured around four integrated areas of service, ensuring aligned execution across disciplines:

  • Attestation and Audit Statutory audits under the Companies Act, tax audits under the Income Tax Act, forensic investigations, compliance reviews, and specialized certification assignments.
  • Risk Assurance and Management Internal audits, concurrent audits, systems, process, and internal control reviews, information systems (IS) audits, and technology acquisition support.
  • Transaction Advisory and Taxation Corporate advisory, M&A buy-side/sell-side support, business and asset valuations, corporate law compliance (ROC, SEBI, FEMA, RBI), and domestic/international taxation representation.
  • Outsourced CFO & Virtual Finance Outsourced finance function management, MIS design and reporting, Financial planning and analysis support, among other similar services.

Our Services — Audit, Tax, Advisory, and More


Audit & Assurance

"An audit is only as useful as the judgment behind it. We bring technical rigour, sector context, and a genuine understanding of your business to every audit engagement — so that the output is meaningful, not just compliant."

Client Pain Points

  • Our statutory audit feels like a checkbox exercise — we never get useful feedback.
  • We had a forensic issue and did not know who to call.
  • Our concurrent audit is not catching what it should be catching.
  • We need a certification for a specific transaction, but our existing auditor is not familiar with the requirements.

How We Help

Our audit team is led by qualified partners who bring both technical depth and commercial awareness. We do not treat audit as a commodity engagement.

  • Statutory Audits under the Companies Act
  • Tax Audits under the Income Tax Act
  • Forensic Audits and Special Investigation Audits
  • Compliance Audits
  • Secretarial Practice Reviews
  • Translation and Certification of Accounts
  • Concurrent Audits
  • Trust and Retention Account Audits
  • Management Audits
  • Information Systems Audit and IS Security Attestation
Outcomes
  • Audit reports that reflect the actual condition of your business — useful to boards, lenders, and regulators.
  • Early identification of control gaps, compliance risks, and financial irregularities.
  • Credible certifications accepted by Indian regulatory bodies and counterparties.
Schedule a Consultation

Direct & International Taxation

"Tax disputes, international structures, and transfer pricing arrangements require advisors who are both technically current and experienced in how Indian tax authorities actually operate. We have been representing clients in assessments and appellate proceedings since 1985."

Client Pain Points

  • We have received a notice from the Income Tax Department and do not know how to respond.
  • We have cross-border related-party transactions, and we are not sure about our transfer pricing exposure.
  • We are a foreign company setting up in India — what are our tax obligations?
  • Our group has structures in multiple jurisdictions — we need someone who understands Indian tax law as it interacts with treaties.

How We Help

Our direct and international tax practice covers:

  • Income tax advisory and planning for Indian corporates and multinationals
  • Assessment representation and adjudication proceedings
  • Post-assessment action and appellate litigation
  • Transfer pricing documentation, advisory, and representation
  • DTAA analysis and treaty benefit planning
  • Advice on inbound and outbound investment structures
  • Remittance certification (Form 15CB)
  • Support for advance rulings and cross-border transaction structuring
  • Review of permanent establishment status of non-resident entities
  • Services to expatriates employed in India and to non-resident Indians
Outcomes
  • Defensible tax positions backed by thorough documentation.
  • Effective representation in assessment, appeal, and tribunal proceedings.
  • Optimised cross-border structures that are both tax-efficient and compliant.
Schedule a Consultation

Indirect Taxation

"GST compliance is not just about filing returns — it is about maintaining defensible positions across input credits, classification, valuation, and inter-state supply characterisation. We manage indirect tax as a continuous advisory relationship, not a one-off filing task."

Client Pain Points

  • We received a GST show-cause notice and do not know how to approach the response.
  • We are not sure whether our input tax credit claims are fully defensible.
  • A GST departmental audit is scheduled and we need to prepare.

How We Help

Our Indirect Tax practice covers:

  • GST advisory and planning
  • Periodic return filing and compliance management
  • Departmental audit handling and preparation
  • Response to show-cause notices
  • Adjudication representation
  • Post Adjudication action and appellate litigation
Outcomes
  • Reduced exposure to GST penalties and demand notices.
  • Accurate and timely compliance across all applicable GST obligations.
  • Confident, well-prepared responses to departmental scrutiny and adjudication proceedings.
  • Effective representation in appeal and tribunal proceedings.
Schedule a Consultation

Corporate Advisory & Transaction Support

"Every significant transaction — an acquisition, a restructuring, a private equity round, a succession plan — involves tax, valuation, legal, and regulatory dimensions simultaneously. We coordinate across all of them, so you have one advisory relationship at the centre of your transaction rather than five disconnected ones."

Client Pain Points

  • We are acquiring a business and need due diligence that covers accounting, tax, and regulatory dimensions.
  • We want to bring in a private equity investor and need help with structuring and documentation.
  • We are restructuring the group and need valuation reports and regulatory compliance support.
  • We need a credible independent valuation for a transaction with a related party.

How We Help

Our corporate advisory practice covers:

  • Buy-side and sell-side M&A advisory
  • Accounting, financial, and tax due diligence
  • Business valuations and intangible asset valuations
  • Corporate restructuring, mergers, and demergers
  • India entry services and entity setup advisory
  • Private equity and IPO support
  • Regulatory compliance advisory (SEBI, RBI, FEMA)
  • Comprehensive succession planning
  • Arbitration support
  • Insolvency and bankruptcy advisory
  • Corporate agreement preparation and review (joint ventures, shareholders' agreements, acquisition documentation)
Outcomes
  • Transactions that close with fewer surprises — because the due diligence was thorough.
  • Valuation reports that are credible to counterparties, investors, and regulators.
  • Structuring advice that reflects both the commercial intent and the Indian regulatory reality.
Schedule a Consultation

Outsourced CFO & Virtual Finance

"A growing company often needs the strategic and operational finance capability of a CFO before it can justify a full-time one. Our virtual CFO service gives you experienced financial leadership — available as and when you need it, without the permanent overhead."

Client Pain Points

  • We are scaling quickly and our finance function has not kept up.
  • We need someone to own our regulatory compliance, MIS, and board-level financial reporting.
  • We are a startup or mid-size company, and we need CFO-level thinking but not a full-time hire yet.

How We Help

Managed through our virtual CFO division, which includes qualified Company Secretaries and CAs with commercial finance experience:

  • Outsourced finance function management
  • MIS design and reporting
  • Financial planning and analysis support
  • Regulatory compliance management (ROC, RBI, SEBI as applicable)
  • Board and investor reporting
  • Coordination with statutory and tax auditors
  • Company secretarial and governance support
Outcomes
  • A finance function that operates at the standard your investors and lenders expect.
  • Senior financial oversight without the cost of a full-time CFO.
  • Clean, credible compliance records that hold up to scrutiny.
Schedule a Consultation

Management Audit & Special Purpose Assignments

"Beyond the statutory audit, a well-run business needs periodic independent review of its systems, processes, and internal controls. We deliver management and systems audits that produce actionable recommendations — not just observations."

Client Pain Points

  • We want an independent review of our internal controls and processes before our next board meeting.
  • We are implementing a new ERP and want an independent review of our systems controls.
  • Our lender has asked for a special audit of our accounts receivable and inventory.

How We Help

Our management audit practice covers:

  • Management audits
  • Systems, control, and process reviews
  • Internal audit co-sourcing or outsourcing
  • Special purpose audit assignments
  • Information systems audit
  • IS security attestation
  • Technology acquisition support
  • Concurrent audits
Outcomes
  • A clear, honest picture of where your controls are working and where they are not.
  • Actionable recommendations that management can actually implement.
  • Independent assurance for boards, audit committees, and lenders.
Schedule a Consultation

NRI & Cross-Border Advisory

"The intersection of Indian and foreign tax law is one of the most technically demanding areas of our practice. Whether you are an NRI planning a return to India, a foreign national employed here, or an Indian business expanding abroad, the regulatory and tax implications are significant — and the cost of getting them wrong is equally significant."

Client Pain Points

  • I am an NRI with income and investments in India — I am not sure what my tax obligations are.
  • Our company is bringing an expatriate to India and we need to understand the payroll and tax implications.
  • We are making a remittance abroad and need a CA certificate under the Income Tax Act.
  • We are setting up a subsidiary in India — what is the most efficient structure from a FEMA and tax perspective?

How We Help

Our NRI & cross-border advisory practice covers:

  • Income tax advisory for non-resident Indians (NRIs) and persons of Indian origin
  • Services to expatriates employed in India
  • Certification for remittances abroad (Form 15CB and related)
  • DTAA analysis and tax treaty benefit planning
  • Transfer pricing advisory for related-party cross-border transactions
  • Advice on inbound and outbound investment structures under FEMA
  • Review of permanent establishment status
  • Planning for cross-border transactions
  • Advance ruling support for non-residents
Outcomes
  • Compliant, optimised cross-border structures that minimise double-taxation exposure.
  • Properly documented transactions that withstand scrutiny from Indian tax authorities.
  • Clear, practical advice for NRIs and foreign nationals navigating India's regulatory framework.
Schedule a Consultation

Industries We Serve — ARSK & Associates


When you work with us, you are not just getting a CA firm — you are getting advisors who have spent years working within your industry's specific regulatory context, transaction patterns, and risk profile. Our sector experience spans:

Manufacturing

Iron and steel, auto ancillaries, textile processing, food processing, dairy products, tea and beverages, rice and flour mills, holograms and security solutions, safety equipment, electronic goods, leather goods, industrial gases, solar energy, plastic mouldings, and horticulture. We understand the GST and customs implications, the transfer pricing issues that arise in manufacturing groups, and the working capital and lender reporting requirements that these businesses carry.

Infrastructure

Ports, road and bridge construction, mining and transportation, shipping, and power. Infrastructure businesses face specific challenges around contract accounting, project-level compliance, and regulatory approvals. We have worked within these constraints.

Financial Services

Non-banking financial companies (NBFCs), banking and insurance, stock broking, and merchant banking. Regulatory compliance in financial services — RBI, SEBI, IRDAI frameworks — requires specific familiarity. Our team includes professionals who handle FEMA and RBI matters regularly.

Housing & Real Estate

Promotion, development, and construction businesses. RERA compliance, GST on real estate transactions, and the accounting complexities of long-term projects are areas we navigate routinely.

Services

Hotel and restaurant, software development, computer education and training, engineering colleges, hospitals, and print media. Service businesses face different compliance profiles — we understand them.

Trading

Export houses and marketing and distribution businesses. Import-export documentation, GST on trading margins, and cross-border transaction certifications are areas of regular work for us.

Our Team — Partners & Professionals

Experienced leadership. One firm. Your matter in senior hands.


Senior Leadership

Ajoy Kumar Mohta

Ajoy Kumar Mohta

LLB, FCA, AICWA Partner, Direct & International Taxation

Ajoy leads ARSK's direct taxation practice, covering income tax advisory, international tax, transfer pricing, and the full spectrum of tax financial planning. Being in practice since 1985, he handles assignments for Indian corporates and multinationals — from initial tax structuring through to assessments and appellate representation.

Suresh Kumar Kabra

Suresh Kumar Kabra

FCA Partner, Audit & Financial Advisory

Having been involved in the profession since 1984, Suresh successfully combines his expertise in accounting, auditing, financial engineering, and planning to facilitate management to strategize and effectively implement sustainable business models. He also specialises in the preparation and review of complex corporate agreements.

Ravindra Khandelwal

Ravindra Khandelwal

FCA Partner, Indirect Taxation & Business Advisory

Since 1989, Ravindra has been engaged in diversified professional activities. Besides auditing and assurance, his specialization includes business valuations, M&A advisory, takeovers, and international assignments. He also heads the indirect taxation practice of the firm.

Our Professional Team

Our partners are supported by a strong team of Chartered Accountants, Company Secretaries, and specialists across all divisions — including dedicated professionals in direct tax, indirect tax, corporate law, audit and other spheres to provide full spectrum of services.

ARSK Partners and Associates Team
Join Our Team

Cultivate Professional Excellence

Work with leading corporate clients, receive direct partner mentorship, and build a distinguished career in a collaborative, integrity-driven environment.

Value Proposition


01

Four decades of continuity

The firm was established in 1984. Our founding partners have been in practice since the mid-1980s. That continuity means we have seen Indian business through multiple regulatory regimes, economic cycles, and structural shifts — and our advice is informed by that depth.

02

Senior attention, not junior throughput

We are a partner-led firm. The partner assigned to your engagement is accountable for the quality of the advice and the outcome of the matter. We do not operate on a model where a senior takes the brief, and a junior delivers the work without oversight.

03

Breadth that holds together

Most CA firms specialise in one or two areas. ARSK handles statutory audit, direct and indirect tax, international taxation, corporate law, FEMA, NCLT matters, valuations, and M&A support — with named specialists for each. When your matters intersect, we manage that intersection.

04

Genuine India expertise

We are an Indian firm, advising on Indian law, for clients operating in India. We understand the Indian regulatory personality — the practical realities of assessment proceedings, the texture of SEBI and RBI interactions, the dynamics of appellate litigation. That is not a secondary capability; it is our primary one.

05

Two cities, one firm

Our Kolkata headquarters and Mumbai branch operate as one firm, not as franchises. Clients with interests in both cities — or with counterparties in either — get consistent advice and coordinated service across regional borders.

06

Candid Objectivity

We will be clear about what can be achieved, candid about what cannot, and measured in assessing potential outcomes. In tax disputes, regulatory matters and commercial negotiations, our role is to provide preparation, representation and professional judgement—not promises regarding outcomes that remain outside anyone's control.

Insights & Perspectives — ARSK & Associates


FEMA & Inbound Investment May 2026

Navigating FEMA for Inbound Investments

An essential guide for foreign companies setting up subsidiaries in India. We outline the key compliance steps, RBI reporting requirements, and optimal corporate structures to minimize transfer pricing exposures.

Indirect Taxation (GST) April 2026

Understanding GST Scrutiny Notices under Section 61

Departmental audits and scrutiny notices are rising. We break down the practical steps to respond to GST show-cause notices, defend input tax credits, and avoid penalty assessments.

Corporate Advisory & Restructuring March 2026

The Founder's Guide to Business Restructuring under NCLT

Mergers, demergers, and family business transitions are complex. Learn how to align tax efficiency, business valuations, and company law compliance for a seamless restructuring.

Frequently Asked Questions — ARSK & Associates


We work with founders and promoters of growing Indian companies, family businesses managing succession or governance transitions, CFOs of mid-market enterprises, multinationals entering or operating in India, and non-resident Indians with financial and compliance obligations in India.

Most clients work with us on an ongoing retainer basis — for audit, tax compliance, or corporate law advisory. We also take on specific project engagements: a transaction requiring due diligence, a valuation assignment, a tax dispute representation, or a one-time restructuring advisory.

Yes. Our indirect tax practice — headed by Ravindra Khandelwal — covers GST advisory, return filing, departmental audit response, show-cause notice management, and appellate representation.

Yes. We frequently step in on matters that are already at the assessment, appeal, or tribunal stage. We will need to understand the history of the matter before we commit to a view, but we are experienced in taking over and managing live disputes.

Yes. We provide end-to-end India entry advisory, covering entity structure advice, tax and FEMA considerations, company incorporation support, tax registrations, and ongoing compliance management.

Yes. Our virtual CFO division provides outsourced finance leadership for growing companies — covering financial planning, MIS, board reporting, regulatory compliance, and coordination with auditors and lenders.

We advise NRIs on Indian income tax obligations, DTAA planning, remittance certifications, FEMA compliance, and investment structuring. If you have inherited property in India, are planning to return, or have regular income from Indian sources, we can help clarify your obligations and optimise your position.

Our headquarters is in Kolkata at Unimark Asian, 16th Floor, 52/1, Shakespeare Sarani, Kolkata 700017. Our Mumbai office is at Naman Midtown, B-206, 2nd Floor, Senapati Bapat Marg, Elphinstone, Mumbai 400013.

The most direct way is to call our Kolkata office (+91 33 4095 2000) or Mumbai office (+91 22 4455 2377) or write to us at info@arsk.in. We will route your enquiry to the most relevant partner and set up an initial conversation.

Contact ARSK & Associates


ARSK Kolkata Headquarters Workspace

Kolkata — Headquarters

Unimark Asian, 16th Floor,
52/1, Shakespeare Sarani,
Kolkata – 700 017, West Bengal, India

ARSK Mumbai Office Workspace

Mumbai — Branch Office

Naman Midtown, B 206, 2nd Floor,
Dr. Ambedkar Nagar, Senapati Bapat Marg,
Elphinstone, Mumbai – 400013, Maharashtra, India

What happens when you contact us

We will acknowledge your enquiry within one business day. If you have reached us by phone, we will try to connect you with the right partner directly. For email enquiries, we will route your message to the most relevant member of the team and follow up to schedule a call or meeting at your convenience.

We do not ask you to fill in long forms before we talk to you. A brief description of your situation is enough for us to direct you to the right person.

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