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Company Profile




         Lall & Company
         Professional chartered accountants




www.lallandcompany.com                        Copyright © Lall & Company
MISSION    By working together with our clients
                                    and following the principles of
                                    Premium Service, Quality, Sustainability,
     VISION
                                    Safety and Scheduling, we continue to
                                    strengthen our excellent reputation in
                                    the marketplace as a cost effective,
                            VALUE   responsive and quality organisation.




www.lallandcompany.com                                                          2
Company Overview




             The firm M/s Lall & Co was established in the year 1951.


             The founder of the firm Mr.Lall Bahadur (B.Com, M.Com. FCA., ICWA,
             LLB) qualified and started his practice, as a chartered accountant in
             the year 1951. He was one of the fellow members of profession with
             experience of well over 55 years.


             At present the firm is having Two partners and a total staff strength
             of more than 20 personnel.




www.lallandcompany.com                                                                 3
Partners of the firm


        RAJENDRA PRASAD
        B.Com., FCA, LLB -is practicing chartered accountant since 1989.


        PRAVESH AGHI
        B.Com., FCA, -is practicing chartered accountant since 1987.


        The firm is specialized in fields of Audit, Taxation, Company Law, Foreign Exchange
        Regulations, Central Excise and other allied laws. It has also gained specialization
        in study and designing of accounting systems of various companies and corporations in
        private sector. The firm has also diversified in the area of Management and Financial
        Consultancy as well as information system audits. We are committed to high level of
        professionalism & excellence.


        The firm’s name is included in the panel of consultants maintained by Reserve Bank of
        India and ICAI vide registration No.0001208N.



www.lallandcompany.com                                                                          4
Core Value

               The standards of practice, qualities we practice and encourage:


                 Teamwork – We build consensus and commitment because project execution is team effort.

                 Effective Communication – We provide accurate and timely information to our clients to facilitate and

                  support good decision.

                 Motivation – We constantly seek new opportunities to learn, improve and provide value additions.

                 Safety – We provide and maintain a safe and healthy environment.

                 Honesty – We are open and truthful.

                 Integrity – Our word is our bond. We live up to the highest standards of fairness and ethical behavior.

                 Respect – We work hard to earn our business partner’s trust and respect.

                 Passion – We love and enjoy what we do.




www.lallandcompany.com                                                                                                      5
Range of Service

        Accounting
        The firm provides services of designing, developing and implementing the accrual/ cash
        system of accounting for Corporate and Non Corporate entities. The firm expertise to
        design manual on accounting and various operational areas including internal control
        system and related records to be maintained by an organization and also to advise on
        various issues pertaining to treatment of transactions involving multiple complexities
        and legal implications. The firm has adequate infrastructure to impart conceptual as
        well as on the job training facilities for introduction and implementation of the
        accounting and internal control system.


        Audit
        Approach of the firm is to concentrate efforts on controls and key risk areas enabling
        to provide a straightforward, cost effective audit. The firm has considerable
        experience and expertise in Statutory Audit, Internal Audit, Tax Audit, Concurrent
        Audit    of      Corporate   and   Non   Corporate   entities,   Banks,   Co-operative   societies,
        Charitable Institutions etc.


www.lallandcompany.com                                                                                        6
Range of Service

        Taxation
        The firm has specialized in tax planning services by advising and counseling clients
        in selecting form of business, organization of capital structuring, consolidation of
        resources etc. We represent our individual and corporate clients before various
        authorities      starting   from   the   Assessing   officer   to   the   Income   Tax   Tribunals,
        Settlement Commission and the Central Board of Direct Taxes. The expertise of the firm
        on Direct Tax Laws and treaties for avoidance of double taxation between different
        countries has been useful to Indian and Foreign Nationals and Corporations having
        business in India or having business connection with India.


        Corporate Strategist
        The firm is providing Services on various matters under the Companies Act, 1956,
        including formation of companies, capital structuring, Mergers and Amalgamations,
        Liquidation or Winding up operations etc. The Firm has also represented various
        agencies in matters relating to company Law at highest levels of Department of Company
        Law Board and other related government authorities.


www.lallandcompany.com                                                                                        7
Range of Service

        Foreign Exchange Consultancy
        The Firm is advising many clients in the matters under the Foreign Exchange management
        Act, 1999 (FEMA) are represented them before the concerned agencies like RBI etc.


        Service Tax and Central Excise
        The firm is providing Services on various matters under the Service Tax and Central
        Excise, including registration, represent our individual and corporate clients before
        various authorities of Service Tax and Central Excise.


        Sales Tax ( DVAT and CST)
        The firm provides services on various matters under the DVAT and Central sales Tax
        which includes DVAT / CST registration, Sales Tax assessments etc.


        Management Consultancy
        The services being provided by the firm include identification of project, preparation
        of project reports, appraisal of projects, advising on resource mobilization etc.


www.lallandcompany.com                                                                           8
Range of Service


         Information System Audit and consultancy
         Feasibility study for Computerization, Introduction of System, Preparation of System
         Manuals and programmes and to provide initial training. With the Information
         Technology scenario in India changing drastically and the process of globalization
         taking over, we have also diversified into these activities.

         Outsourcing Services
         Outsourcing – the strategic use of external resources in one way many businesses are
         choosing to help them cope up with their accounting and financial functions, allowing
         them to concentrate on their core activities. The current technology allows people
         from different parts of the world to work together, across international time zones
         which, effectively, gives a business a whole day’s work whilst the office is closed!
         The firm is developing service area in respect of back office operations for clients.

         Recruitment
         The Firm is in     a position to provide recruitment services to clients for finding
         suitable senior     executives. We provide initial screening after ascertaining the
         requirements and   shortlist the applicant after final interview. We also assist clients
         in the selection   of required personnel in the accountancy and financial disciplines.




www.lallandcompany.com                                                                              9
Our Clientele

       CLIENTELE
       The clients of the firm include Corporate sector, Banks, Non profit organizations like
       schools and hospitals. The industrial profile of the assignments conducted is diverse
       and include the following:

       The list of major clients (Past and Existing) is as follows:

           Banks
           Telecommunication
           International Clients
           Construction
           Exporters
           Hospitality
           Hospitals & Clinics
           Pharma
           Information technology
           Automobile
           Manufacturers & Traders
           Schools & Institutions
           Trusts & Societies




www.lallandcompany.com                                                                          10
Why lall & Co.?


                         We have attempted to outline who we are and how we think and
                         work. But some things just can’t be conveyed in a brochure –
                         the power of any idea for instance, or the positive results of
                         constructive dialogue, of the reassuring feeling of a personal
                         relationship. Perhaps you now agree that there is more to us
                         than meet the eye, that continuing innovation, sound decision
                         making, and hard work are some of the factors which could make
                         us right choice of your needs.


                         We appreciate that the trust and faith of many people are
                         necessary for us to work successfully.


                         We hope to have won some new friends with this little portrait.




www.lallandcompany.com                                                                       11
Thank You
M/s Lall & Co.
31, Sirifort Road
New Delhi – 110049
Ph : 011-26261100, 26261001
Fax: 011-46041531

Email : lallandcompany@gmail.com
Email : rajendrb@hotmail.com

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Lall and company

  • 1. Company Profile Lall & Company Professional chartered accountants www.lallandcompany.com Copyright © Lall & Company
  • 2. MISSION By working together with our clients and following the principles of Premium Service, Quality, Sustainability, VISION Safety and Scheduling, we continue to strengthen our excellent reputation in the marketplace as a cost effective, VALUE responsive and quality organisation. www.lallandcompany.com 2
  • 3. Company Overview The firm M/s Lall & Co was established in the year 1951. The founder of the firm Mr.Lall Bahadur (B.Com, M.Com. FCA., ICWA, LLB) qualified and started his practice, as a chartered accountant in the year 1951. He was one of the fellow members of profession with experience of well over 55 years. At present the firm is having Two partners and a total staff strength of more than 20 personnel. www.lallandcompany.com 3
  • 4. Partners of the firm RAJENDRA PRASAD B.Com., FCA, LLB -is practicing chartered accountant since 1989. PRAVESH AGHI B.Com., FCA, -is practicing chartered accountant since 1987. The firm is specialized in fields of Audit, Taxation, Company Law, Foreign Exchange Regulations, Central Excise and other allied laws. It has also gained specialization in study and designing of accounting systems of various companies and corporations in private sector. The firm has also diversified in the area of Management and Financial Consultancy as well as information system audits. We are committed to high level of professionalism & excellence. The firm’s name is included in the panel of consultants maintained by Reserve Bank of India and ICAI vide registration No.0001208N. www.lallandcompany.com 4
  • 5. Core Value The standards of practice, qualities we practice and encourage:  Teamwork – We build consensus and commitment because project execution is team effort.  Effective Communication – We provide accurate and timely information to our clients to facilitate and support good decision.  Motivation – We constantly seek new opportunities to learn, improve and provide value additions.  Safety – We provide and maintain a safe and healthy environment.  Honesty – We are open and truthful.  Integrity – Our word is our bond. We live up to the highest standards of fairness and ethical behavior.  Respect – We work hard to earn our business partner’s trust and respect.  Passion – We love and enjoy what we do. www.lallandcompany.com 5
  • 6. Range of Service Accounting The firm provides services of designing, developing and implementing the accrual/ cash system of accounting for Corporate and Non Corporate entities. The firm expertise to design manual on accounting and various operational areas including internal control system and related records to be maintained by an organization and also to advise on various issues pertaining to treatment of transactions involving multiple complexities and legal implications. The firm has adequate infrastructure to impart conceptual as well as on the job training facilities for introduction and implementation of the accounting and internal control system. Audit Approach of the firm is to concentrate efforts on controls and key risk areas enabling to provide a straightforward, cost effective audit. The firm has considerable experience and expertise in Statutory Audit, Internal Audit, Tax Audit, Concurrent Audit of Corporate and Non Corporate entities, Banks, Co-operative societies, Charitable Institutions etc. www.lallandcompany.com 6
  • 7. Range of Service Taxation The firm has specialized in tax planning services by advising and counseling clients in selecting form of business, organization of capital structuring, consolidation of resources etc. We represent our individual and corporate clients before various authorities starting from the Assessing officer to the Income Tax Tribunals, Settlement Commission and the Central Board of Direct Taxes. The expertise of the firm on Direct Tax Laws and treaties for avoidance of double taxation between different countries has been useful to Indian and Foreign Nationals and Corporations having business in India or having business connection with India. Corporate Strategist The firm is providing Services on various matters under the Companies Act, 1956, including formation of companies, capital structuring, Mergers and Amalgamations, Liquidation or Winding up operations etc. The Firm has also represented various agencies in matters relating to company Law at highest levels of Department of Company Law Board and other related government authorities. www.lallandcompany.com 7
  • 8. Range of Service Foreign Exchange Consultancy The Firm is advising many clients in the matters under the Foreign Exchange management Act, 1999 (FEMA) are represented them before the concerned agencies like RBI etc. Service Tax and Central Excise The firm is providing Services on various matters under the Service Tax and Central Excise, including registration, represent our individual and corporate clients before various authorities of Service Tax and Central Excise. Sales Tax ( DVAT and CST) The firm provides services on various matters under the DVAT and Central sales Tax which includes DVAT / CST registration, Sales Tax assessments etc. Management Consultancy The services being provided by the firm include identification of project, preparation of project reports, appraisal of projects, advising on resource mobilization etc. www.lallandcompany.com 8
  • 9. Range of Service Information System Audit and consultancy Feasibility study for Computerization, Introduction of System, Preparation of System Manuals and programmes and to provide initial training. With the Information Technology scenario in India changing drastically and the process of globalization taking over, we have also diversified into these activities. Outsourcing Services Outsourcing – the strategic use of external resources in one way many businesses are choosing to help them cope up with their accounting and financial functions, allowing them to concentrate on their core activities. The current technology allows people from different parts of the world to work together, across international time zones which, effectively, gives a business a whole day’s work whilst the office is closed! The firm is developing service area in respect of back office operations for clients. Recruitment The Firm is in a position to provide recruitment services to clients for finding suitable senior executives. We provide initial screening after ascertaining the requirements and shortlist the applicant after final interview. We also assist clients in the selection of required personnel in the accountancy and financial disciplines. www.lallandcompany.com 9
  • 10. Our Clientele CLIENTELE The clients of the firm include Corporate sector, Banks, Non profit organizations like schools and hospitals. The industrial profile of the assignments conducted is diverse and include the following: The list of major clients (Past and Existing) is as follows:  Banks  Telecommunication  International Clients  Construction  Exporters  Hospitality  Hospitals & Clinics  Pharma  Information technology  Automobile  Manufacturers & Traders  Schools & Institutions  Trusts & Societies www.lallandcompany.com 10
  • 11. Why lall & Co.? We have attempted to outline who we are and how we think and work. But some things just can’t be conveyed in a brochure – the power of any idea for instance, or the positive results of constructive dialogue, of the reassuring feeling of a personal relationship. Perhaps you now agree that there is more to us than meet the eye, that continuing innovation, sound decision making, and hard work are some of the factors which could make us right choice of your needs. We appreciate that the trust and faith of many people are necessary for us to work successfully. We hope to have won some new friends with this little portrait. www.lallandcompany.com 11
  • 12. Thank You M/s Lall & Co. 31, Sirifort Road New Delhi – 110049 Ph : 011-26261100, 26261001 Fax: 011-46041531 Email : lallandcompany@gmail.com Email : rajendrb@hotmail.com