About Dass Gupta & Associates Chartered Accountants
q B-4, Gulmohar Park New Delhi – 110 049
q Telephone: +91-11-46111000 Fax : +91-11-46111099
q Email: [email protected] q Email : [email protected] Mobile : 9810689998 , 9811914214 9999960444
ICAI’s FRN : 000112N
RBI’s UCN : 100823
Dass Gupta & Associates v India wide presence 60 10+ 100+ Number of Affiliates More than10 partners Number of employees in India and directors in India and Staff in India
v Dass Gupta & Associates, Chartered Accountant, (DG&A) came into existence in 1971 and since than has expended its presence as well as wide array of services across Indian as well as global Accounting Market. v DGA founded by Mr. N.D. Gupta (Ex-President ICAI ) is well supported by team of experts in various fields to collectively insure both quality and delivery within an ambiance of warm client relationship. v It primarily provides Assurance, Risk Advisory, Corporate Advisory and Tax Advisory Services. . v DGA has adequate infrastructure to handle all types of jobs, assignments and positions.
v DGA assurance practice has been successfully reviewed for quality by ICAI, SEBI, CAG & Income Tax Department.
DG&A
Mr. N.D. Gupta, Team Leader
§ President- Institute of Chartered Accountants of India (2001-02) .
§ Board Member, International Federation of Accountants, USA (2001-2004) (First Indian to be elected on Board of International Federation of 164 regulatory accounting bodies of 116 countries)
§ Board Member, International Accounting Standards Committee (2000) (presently known as International
Accounting Standards Board (IASB) which pronounces IFRS & IPSAS)
§ Chairman of Working Group to identify Gaps in compliance by scheduled banks of Accounting Standards constituted by RBI. (2002-03). Directions of the Working Group led to compliance of Accounting Standards by all Scheduled Banks in India.
§ Authored in 2005 First in India, book on “Indian Accounting Standards IFRS, US GAAP Comparison” published by British Publishers LexisNexis Butterworth. § Member on the Board of Insurance Regulatory & Development Authority (2001) (pioneered rules for auditing by private sector Insurance companies) § Member of the National Advisory Committee on Accounting Standard (NACAS) constituted by Ministry of Corporate Affairs, Government of India (2001).
DG&A
DGA- Wide Functional Experience
Audit & Assurance Services ü Statutory audit services ü Internal audit services ü Information security audit and computer auditing services ü Monitoring of project funds (End use) ü Due Diligence Review
Accounting Reforms & Capacity Building ü Implementation of accrual based system in ULB’s ü Accounting System reviews, manuals for implementation of ERP’s. ü Process Re-engineering ü Reviews & Investigations for Regulatory Bodies viz. CBDT, SEBI, IRDA etc.
Risk & Corporate Advisory ü Cross border transaction advisory services ü General transaction support ü Fund syndication ü Private Equity Support & syndication ü Financial restructuring
Tax Advisory Services ü Strategic tax planning for direct and indirect taxes ü Representation before assessing and appellate authority ü Regulatory compliances and support ü Transfer pricing studies
DG&A
Statement of Practice : Direct Tax Practice
Representation before regulatory authorities i.e. Assessing & Appellate authorities upto ITAT, Settlement Commission v Foreign Companies; v Public, Private and Listed Corporate; v Public Sector Enterprises; v Public Charitable Trust, Societies & Government regulatory bodies; v Firms and AOPs v High Net worth Individual & HUFs. Transfer Pricing Studies, Tax Audit, Strategic Planning for M&A and Export opinions ( to a name a few ) v Brahma Capital Advisory Services Private Limited v Samsung C&T India Private Limited v Hyundai Engineering & Construction Co Limited. v Daewoo International Corporation Pvt Ltd
DG&A
Statement of Practice Due Diligences; Valuations; Mergers;
§ Due Diligence of Asset Care & Reconstruction Enterprise Ltd.(IFCI Subsidiary) on behalf of SSG Capital Management Hongkong Ltd, Hongkong
§ Deal Intermediary on behalf of DARCL Ltd for private equity infusion by IDFC Ltd § Deal Intermediary on behalf of SMC Global Securities Ltd for Private Equity infusion by Millennium India
Acquisition Company, USA § Valuation of Fixed Assets & verification of debtors of Dakshinnachal Vidhyut Vitran Nigam Ltd, UP § Due diligence & Valuation of Krish Buildtech Private Ltd (189.36 acre land township in Gurgaon) for
Brahma Opportunities A Ltd, Mauritius. § Valuation of Equity share of Brahma Center Development Pvt Ltd (FDI Commercial Development) on
behalf of Brahma Opportunities D Ltd, Mauritius § Valuation of American Express Services India Ltd. for fresh issue of equity shares to foreign collaborator. § Valuation of Equity shares of Panheber Biotech Pvt Ltd on behalf of Panacea Biotech Ltd. for transfer of
share holding. § Due diligence & Valuation of Gajraj Commercial Pvt Ltd (ND-SI NBFC) on behalf of Brahma Neptune
Asian Mezzanine Ltd (Mauritius). § Valuation of shares of Samsung C&T Corporation (I) Pvt Ltd on behalf of Samsung C&T Corporation
(South Korea) § Valuation of Daewoo International Corporation India (P) Ltd. on behalf of Daewoo International
Corporation. South Korea § Due Diligence of DLF Panchkula Housing (I) Pvt Ltd on behalf of Brahma Investments (I) Ltd, Cyprus. (Indicative list of assignments successfully performed in captioned practice area )
DG&A
Statement of Practice : Special Audit u/s. 142(2A)
Conducted Special Audits u/s. 142(2A): v Unitech Ltd. (A/Y 2009-10 & 2010-11) v Dharampal Satyapal Ltd. ( A/Y 2004-05, 2005-06, 2006-07, 2007-08, 2008-09, 2009-10,
2010-11 & 2011-12 ) v Sahara India Financial Corp. Ltd. ( A/Y 2006-07 & A/Y 2010-11 ) v Sahara Airlines Ltd. (Now Known as Jet-lite India Limited) ( A/Y 2005-06) v Consulting Engineering Services India Pvt. Ltd. ( A/Y 2009-10 ) v Asian Cans Industries Ltd. v Golden Forest India Ltd. v Radhika Creation Pvt Ltd. v A1 chemist Ltd. v Jaggi & Co. ( Block Period ) v Jaggi Bros Apple Company ( Block Period ) v Jaggi Apple Sales Corporation ( Block Period ) v JAC Enterprises ( Block Period ) v Tans Asia Packaging Ltd. Asian Closure Ltd. v P.S. Bedi & Co.
DG&A
Statement of Practice : Audits
Insurance Company A) Statutory Audits Ø LIC of India Ø IDBI Federal Life Insurance
Company Limited B) Investment Audits Ø Max New York L i f e
Insurance Co. Ltd. Ø I f f c o T o k y o G e n e r a l
Insurance Co. Ltd. Ø Oriental Insurance Co. Ltd. Ø SBI Life Insurance Co. Ltd. Ø ICICI Lombard General
Insurance Co. Ltd.
Risk Based Internal Audits Ø Panacea Biotec Limited Ø ITC Limited (Food Division) Ø Pawan Hans Limited Ø Hero Moto Corp Limited Ø Lufthansa Technik Services India
Pvt. Ltd. Ø Smiths Detection Veecon Systems
Pvt. Ltd. Ø Heritage Foods Ltd.
DG&A
Statement of Practice : Medical Sector
v Panacea Biotec Ltd v Maharaja Agersen Hospital , Punjabi Bagh v Society of Unique Hospital & Research Center v Hindurao Hospital v Swami Dayanand Hospital v Rajan Babu Tuberculosis Hospital v Kasturba Gandhi Hospital v Girdhari Lal Maternity Hospital v Maharashi Valmiki Infectious Disease Hospital
* List is indicative * List is not exhaustive
The firm has experience of Audit & Assurance of Health & Medical Sector * :- :
DG&A
Statement of Practice : N.B.F.C.
Residuary NBFC – Deposit taking v Sahara India Financial Corporation Ltd
(one of largest in India with Rs.12000 crores of public deposits)
100% FDI Systematically Important (SI) Non Deposit (ND) NBFC
v Gajraj Commercials Pvt Ltd
Listed NBFC -ND- Loan v Ashoka Commercials Ltd v AGR Investments Ltd v KV Foundations India Ltd * List is not exhaustive
Non Listed Public NBFC – ND-Loan v Jindal Credit & Investment Ltd
Private Limited - Core Investment Co. (CIC) – ND – SI v Prism International Pvt Ltd
Private Limited –ND- Loan v Thompson Bharat Pvt Ltd v Aganall Holdings Pvt Ltd v Money Growth Investment & Consultants Pvt Ltd v Navilen Merchants Pvt Ltd
Private Limited – ND- Investment v Siddharth Utilities Pvt Ltd
The firm has experience of statutory audits, internal audits, regular Reserve Bank of India (RBI) regulations compliance , RBI Inspection, Income Tax Assessment and RBI & FIPB approvals for the below mentioned NBFC clients* :
DG&A
Statement of Practice : Education Sector.
University Statutory Audit v JP Institute of Information
Technology, Deemed University of Government of India, Noida, UP
v JP University of Information Technology, Govt. of Himachal Pradesh.
v JP University of Engineering & Technology, Govt. of Madhya Pradesh
Internal Audit : v Vivekananda Institute of
Professional Studies, GGSIP University, Delhi
* List is not exhaustive
Schools Statutory Audit : v Jaypee Public School , Noida v Jaypee Public School, Greater Noida v Jay Jyoti School , MP v Sardar Patel Uchchatar Madhyamik Vidyalaya, Gujarat v Sadar Patel Prathmik Vidhyalay , Gujarat v Jaypee Vidya Mandir , UP v Shri M Gopal Rao Industrial Training Institute , MP v Jaypee Industrial Traning Center , HP v Sher Singh Harswaroop Vidyalya , MP v Jaypee Polytechnic & Tng Center, MP v Lower Siang Industrial Training Center, Arunachal Pradesh
Internal Audit : v Ambience Public School, Delhi v Amrita Vidayalayam, New Delhi ,
The firm has experience of Audit & Assurance of schools, colleges & universities :- :
DG&A
Statement of Practice : Indirect Taxes
Major Clients handled v Hero Motocorp Ltd v Maruti Udyog Ltd v United Colors of Benetton v Minda Industries Ltd v Alcatel Lucent Ltd v ITC Ltd v Samsung Engineering & Construction Co Ltd v Samsung C&T Corporation India Pvt Ltd v Daewoo International Corporation Pvt Ltd v Hyundai Engineering & Construction Co Ltd v Rotec Industries Inc v Gateway Rail Freight Ltd v Delhi Assam Roadways Corporation Ltd
§ Indirect Tax Services VAT ,CST & Service Tax Matters : v VAT & Service tax assessment v Appeal before Commissioner (A) &
Appellate Tribunal v Regular consultancy v Independent Service tax & Sales
Tax audit v Refund claims and associated
certificates v Liaisoning with Sales Tax &
Service Tax department
DG&A
Statement of Practice : Audit & Assurance Services
Private Sector v Orchid Infrastructure Developers Pvt Ltd v Hero Motocorp Ltd v Maruti Udyog Ltd v United Colors of Benetton v Minda Industries Ltd v Alcatel Lucent Ltd v ITC Ltd v Samsung Engineering & Construction Co Ltd v Samsung C&T Corporation India Pvt Ltd v Daewoo International Corporation Pvt Ltd v Hyundai Engineering & Construction Co Ltd v Rotec Industries Inc
§ Audit & Assurance Services Government & Public Sector : v Reserve Bank of India v Securities & Exchange Board of
India v Income Tax Department v Municipal Corporation of Delhi v South Delhi Municipal Corporation v North Delhi Municipal Corporation v Indian Oil Ltd v NTPC Ltd v Indian Airlines Ltd v State Bank of India v Allahabad Bank Ltd v UCO Bank Ltd
DG&A
DGA - Partners
S.No. Name Mem. No. Associated with firm since
1 Mr. N D Gupta 11400 45 years 2 Mr. Krishan Kumar Gupta 81222 37 years
3 Mr. Naresh Kumar 82069 35 years 4 Mr. Suresh Kumar Jindle 82943 33 years 5 Mr. Atul Gupta 88245 27 years 6 Mr. Naveen ND Gupta 93777 20 years 7 Mr. Rakesh Gupta 94040 20 years 8 Mr. Ashok Kumar Jain 90563 19 years 9 Mr. Pankaj Mangal 97890 15 years
10 Mr. Anand Kumar Gupta 13870 12 years 11 Mr. Gaurav Gupta 503165 11 years 12 Mr. Raaja Jindle 504111 11 years
DG&A
DGA- Industry Wide Exposure § Oil Exploration & Refinery
§ Insurance & Banking
§ Steel
§ Cement § Hospitality
§ Education
§ Pharma & Healthcare
§ Automobiles
§ Glass & Accessories
§ Logistics
§ Aviation
§ Telecommunication
§ Power
§ IT & ITES § Real Estate & Infrastructure
§ Private Equity & Research
§ Sports
§ Chemicals & Brewery
§ Non-Banking Finance Company
§ Urban Local Bodies & PSU’s
DG&A
DGA Approach: In-depth Business knowledge & capabilities
Latest Technology
Ø Multidisciplinary team of professionals
Ø Dedicated, responsive team with significant experience
Ø Multiple successful engagements across [the various] industries
Ø Proven track record of delivering complex, cross border assignments
Ø Breadth of service
Ø We have deep situational, functional and industry experience drawn from the AGN network
Ø We possess multi-jurisdictional coverage for key territories
Ø We possess first-class credentials across the full range of transaction related services
Value of Experience
A Targeted Approach
Depth of Resources
A global Landscape
DG&A
DGA Assurance & Audit Approach:
DG&A
DGA religiously followed Ø Standards on Auditing relating to
§ General Principles & Responsibilities , § Risk Assessment and Response to Assessed Risks § Audit Evidence § Using work of others § Audit Conclusion & Reporting § Specialised Areas
Ø Standards on Review Engagements Ø Standards on Assurance Engagements Ø Standards on Related Services Ø Accounting Standards issued by ICAI Ø Guidance Notes issued by ICAI
DGA Credentials
DG&A
DGA Credentials
DG&A
Thank You