Chartered Accountants · ICAI Firm Registration No. 111959W · Established 1991sksa123@yahoo.com · Telephone: 9892801235 / 9892801239
S B S K & AssociatesChartered Accountants

S B S K & Associates · Chartered Accountants

Chartered Accountantsin practice since 1991

A partner-led firm in Malad (West), Mumbai, working in audit and assurance, management consultancy, taxation and company formation, for businesses across various sectors.

— years of professional practice

199115 November

Three decades of Indian tax and company law have passed across our desks, and we have advised through every one of them.

CA Sanjeeva Shetty founded our firm in 1991. Since then we have taken clients through the arrival of GST, the Companies Act, 2013, the shift to faceless assessment and now the Income-tax Act, 2025. Each change caught the market by surprise. None of them caught us without an answer.

Our story

Partners
4, partner-led
Team
30+ professionals
Disciplines
CA, CMA, CS
Offices
Vikhroli, Ghatkopar and Malad (West), Mumbai

What we do

Our services

Four areas of work, each with its own page setting out what the work involves, when it becomes relevant and the framework it is carried out under.

Audit & Assurance

Independent examination, carried out to professional standards.

Concurrent Audit · Financial Statement Audit · Internal Audit · Inventory Audit · IPO Attestation · Operational Audit · Tax Audit

Management Consultancy

Analysis and support for decisions that turn on the numbers.

Business Valuation · Outsourced Accounting, Audit and Tax Support · Due Diligence

Taxation

Compliance, advice and representation across direct and indirect tax.

Direct Taxation · International Taxation · Transfer Pricing · Indirect Tax (GST) · Litigation & Representation

Company Formation

Setting up a business, in India and from India into other countries.

Business Setup in India · Business Setup Outside India

Every service

Audit & Assurance

Concurrent Audit Financial Statement Audit Internal Audit Inventory Audit IPO Attestation Operational Audit Tax Audit

Management Consultancy

Business Valuation Outsourced Accounting, Audit and Tax Support Due Diligence

Taxation

Direct Taxation International Taxation Transfer Pricing Indirect Tax (GST) Litigation & Representation

Company Formation

Business Setup in India Business Setup Outside India

Experience

Sectors we work in

Various sectors. Each page sets out the accounting, regulatory and control questions that decide the numbers in that industry.

ChemicalsChemical businesses carry large inventories, convert them through a process that is rarely linear, and work under classification and safety rules that reach into the accounts.ManufacturingA manufacturer's profit is decided long before the invoice is raised, in how material, labour and overhead are absorbed into the cost of what it makes.TradingMargins in trading are thin enough that a small error in stock, pricing or credit shows up immediately in the result.TransportTransport combines heavy asset investment with revenue earned trip by trip, and has tax treatments that exist nowhere else.EngineeringEngineering work is sold as a contract and delivered over time, so the accounts depend on estimates that are revised as the job proceeds.Consultancy ServicesA consultancy's balance sheet is mostly people and receivables, which makes the timing of revenue and the collection of fees the whole of the problem.TourismTourism takes money before it delivers anything, which puts customer advances, cancellations and supplier balances at the centre of the accounts.InsuranceEntities in the insurance sector report under a framework set by their regulator, and their balances move through intermediaries rather than directly.Information TechnologyTechnology businesses earn in several different ways at once, often across borders, which makes revenue recognition and foreign exchange the central questions.ConstructionConstruction contracts run for years, so the accounts depend on estimates, and the cash depends on retentions and certification.Real EstateA real estate project is a long contract, a regulated escrow account and a tax question all at once, and the accounting has to hold all three together.PharmaceuticalsPharmaceutical accounts carry two things most manufacturers do not: development spending that may never become a product, and prices that are not entirely the company's to set.Government and CAG AuditAudit in the public sector answers to a different authority and asks a different question: not only whether the accounts are right, but whether the money was spent as sanctioned.

Company formation

Setting up a business

Choosing a structure is awkward to undo. Switch between setting up in India and taking an Indian business abroad.

Setting up in India is a sequence: decide the structure, incorporate it, obtain the registrations the activity needs, and then keep up with the obligations that follow. The detailed comparison of structures sits in the Company Formation Centre.

  • Discussion of the structure, against ownership, liability, funding and compliance
  • Name availability and reservation
  • Digital signatures and director or partner identification numbers
  • Charter documents, and the incorporation filing
  • PAN, TAN and bank account formalities

Read about business setup in india Open the guide

An Indian business setting up abroad has two sets of obligations. The destination country's law governs the entity itself, and Indian law governs the investment, the reporting and the tax. We deal with the Indian side and work with qualified advisers in the other country.

  • Preliminary structuring, including whether the proposal is ODI or OPI and which route applies
  • Review against the conditions, including net worth and eligibility
  • Reporting through the authorised dealer bank in the prescribed form, and obtaining the identification number
  • Recurring reporting, including annual performance reporting, and event-based filings
  • Indian tax analysis: treaty position, withholding, foreign tax credit, disclosure of foreign assets

Read about business setup outside india

Compliance

Compliance Navigator

Five short questions about your business: its type, turnover, GST position, staff and any dealings outside India. We then list what usually applies, sorted by subject, and mark anything that depends on something we have not asked.

Open the Navigator

  • Company and LLP law
  • Direct tax
  • Goods and services tax
  • Foreign exchange
  • Other registrations

Partner-led

The people who sign the work

Each client has a partner who leads their engagement and stays with it. Every partner is a Fellow of the Institute of Chartered Accountants of India.

  • CA Sanjeeva Shetty

    CA Sanjeeva Shetty

    B.Com, FCA, DISA (ICA)

  • CA Sushama Bagal

    CA Sushama Bagal

    B.Com, FCA

  • CA Smitraj Karalkar

    CA Smitraj Karalkar

    M.Com, FCA

  • CA Santoshkumar Radhamohan Mishra

    CA Santoshkumar Radhamohan Mishra

    B.Com, FCA, DISA (ICA)

Meet our partners

Speak to us

A partner will take the call. If it is easier, say what the matter concerns and we will arrange a time.

Office
B-601, Aalind Fortuna
Beside Sheetal Banquet Hall, Opposite Lemon Tree Hotel
Mind Space, Chincholi Bunder
Malad (West), Mumbai 400064, India

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