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NIKIT SHAH AND ASSOCIATES · CHARTERED ACCOUNTANTS

Trusted financial, tax & business advisory solutions

Professional Chartered Accountancy services for individuals, startups, businesses, and organizations — helping you stay compliant, make informed financial decisions, and build a stronger financial future.

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Income Tax • GST • Audit & Assurance • Accounting • Company & LLP Compliance • Business Advisory • Tax Planning • Financial Reporting •  Income Tax • GST • Audit & Assurance • Accounting • Company & LLP Compliance • Business Advisory • Tax Planning • Financial Reporting •
Why choose us

Professional expertise. Personal attention. Practical solutions.

At Nikit Shah and Associates, we combine professional CA expertise with a personalized approach to understand your financial and business requirements. Whether you are an individual taxpayer, entrepreneur, startup, partnership, company, or established business, we provide practical and reliable solutions tailored to your needs.

  • Qualified & experienced Chartered Accountant
  • Personalized professional services
  • Timely compliance and reporting
  • Transparent and professional approach
  • Technology-enabled accounting and compliance
  • Practical business and tax advice
  • Confidential handling of client information
  • Long-term client relationships
About the firm

Nikit Shah and Associates

Nikit Shah and Associates is a professionally managed Chartered Accountancy firm led by CA Nikit Shah, providing comprehensive services in taxation, audit & assurance, accounting, compliance, and business advisory.

Experience & expertise

CA Nikit Shah qualified as a Chartered Accountant in May 2007 and brings nearly two decades of professional experience across diverse industries and business environments.

Over the years, he has had the opportunity to serve and advise 1,000+ clients, ranging from individuals and entrepreneurs to established businesses and organizations. His professional experience includes working with multinational corporations (MNCs), listed companies, banking and financial sector organizations, and other reputed institutions, providing valuable exposure to complex financial, accounting, taxation, audit, and regulatory matters.

This extensive experience enables us to understand the unique financial and compliance

— firm-supplied description; content continues here once provided.

Our vision

To be a trusted professional partner for our clients by delivering reliable accounting, taxation, assurance, and advisory solutions with integrity and excellence.

Our mission

To simplify financial and regulatory complexities and help our clients achieve compliance, financial clarity, and sustainable growth.

Our approach

We believe that every client has different financial circumstances and business objectives. Therefore, our services are designed around your specific requirements rather than a one-size-fits-all approach.

Our commitment

  • Accuracy
  • Integrity
  • Confidentiality
  • Timeliness
  • Professionalism
  • Client-focused service
Portrait of CA Nikit Shah

CA Nikit Shah

Proprietor, Chartered Accountant

Qualified May 2007

Where we work

Our office

A look inside our Prahladnagar office — from our front door to the desks where your work gets done.

Office entrance door of Nikit Shah and Associates
Our office entrance
Team working at their desks in the office
Our team at work
Reception and workspace area of the office
Reception & workspace
Consultation room with a view of Prahladnagar
Consultation room
What we do

A complete directory of our professional services

Browse by category, or search for a specific service. Select any service to see the complete list of what it includes.

Audit & Assurance Services

Audit & Assurance

We provide audit and assurance services designed to enhance the reliability and credibility of financial information.

  • Statutory Audit
  • Tax Audit
  • Internal Audit
  • Concurrent Audit
  • Stock Audit
  • Bank Audit
  • Branch Audit
  • Special / Investigation Audit
  • Financial Statement Audit
  • Limited Review / Review Engagements
  • Due Diligence
  • Certification Services
  • Audit of trusts, societies and other organizations
  • Audit under applicable laws and regulations

Income Tax Services

Taxation

We provide comprehensive income-tax services for individuals and businesses, from routine return filing to tax planning and representation.

  • Income Tax Return (ITR) Filing
  • Tax Planning & Advisory
  • Advance Tax Computation
  • Tax Deducted at Source (TDS) Compliance
  • TDS Return Filing
  • Tax Computation
  • Form 16 / Form 16A related assistance
  • Tax notices and communications
  • Income Tax Assessments
  • Scrutiny Assessment Assistance
  • Rectification Applications
  • Appeals & Tax Litigation Support
  • Refund-related assistance
  • PAN/TAN-related services
  • Capital Gains Tax Computation
  • Tax advisory for property transactions
  • Tax planning for individuals and businesses
  • International / cross-border taxation assistance, where applicable

Individual tax services

For salaried individuals, professionals, investors, landlords, NRIs and other taxpayers:

  • ITR preparation and filing
  • Capital gains computation
  • Tax-saving planning
  • Rental income taxation
  • Investment-related tax calculations
  • Tax notices and assessment assistance

GST Registration, Compliance & Advisory

GST

We help businesses manage their GST obligations and maintain proper compliance.

  • GST Registration
  • GST Return Filing
  • GSTR-1
  • GSTR-3B
  • Annual GST Return
  • GST Reconciliation
  • Input Tax Credit reconciliation
  • E-invoicing advisory
  • E-way bill-related assistance
  • GST Registration amendments
  • GST cancellation and revocation
  • GST notices and replies
  • GST assessment assistance
  • GST audit / reconciliation support
  • GST refund applications
  • Export and import GST advisory
  • GST classification and HSN/SAC advisory
  • Place of supply advisory
  • Reverse Charge Mechanism (RCM) advisory
  • GST compliance review
  • GST health check / diagnostic review

Accounting & Bookkeeping

Accounting

Reliable accounting for better business decisions. Accurate books are the foundation of a financially healthy business. We provide accounting and bookkeeping solutions tailored to the size and requirements of your business.

  • Bookkeeping
  • Accounting outsourcing
  • Monthly / quarterly accounting
  • Ledger maintenance
  • Bank reconciliation
  • Accounts receivable management
  • Accounts payable management
  • Expense tracking
  • Payroll accounting
  • Financial statements
  • Profit & Loss Account
  • Balance Sheet preparation
  • Cash Flow Statements
  • MIS Reporting
  • Management reporting
  • Accounting system setup
  • Accounting software support
  • Cloud accounting solutions
  • Year-end closing and finalization of accounts

Outsourced accounting

Focus on running your business while we help manage your accounting and reporting requirements. Suitable for:

  • Startups
  • Small & medium businesses
  • Professionals
  • Proprietorships
  • Partnerships
  • Companies
  • E-commerce businesses

Company & LLP Compliance

Compliance

Corporate compliance & regulatory services. We assist businesses with incorporation, routine compliance, financial reporting and regulatory requirements.

  • Company Incorporation
  • LLP Incorporation
  • Partnership Firm Registration
  • Startup / business structuring assistance
  • DIN / DSC-related assistance
  • Annual ROC Compliance
  • Financial Statement filing
  • Annual Return filing
  • Board / statutory compliance assistance
  • Maintenance of statutory records
  • Director-related compliance
  • Changes in directors
  • Registered office changes
  • Share-related compliance
  • Corporate restructuring assistance
  • LLP annual compliance
  • LLP agreement-related assistance
  • Closure / strike-off assistance
  • Conversion / restructuring assistance

Specific legal and secretarial work may be undertaken in coordination with the appropriate professionals where required.

Business Registration & Startup Services

Business Advisory

From idea to business. Starting a business involves important decisions about legal structure, taxation, accounting and compliance. We help entrepreneurs establish the right financial and regulatory framework.

  • Proprietorship setup assistance
  • Partnership Firm registration
  • LLP incorporation
  • Private Limited Company incorporation
  • One Person Company setup
  • Startup registration assistance
  • MSME / Udyam registration
  • GST registration
  • PAN/TAN assistance
  • Professional Tax registration, where applicable
  • Shops & Establishments-related registration assistance
  • Business structure advisory
  • Basic financial and tax setup
  • Accounting system setup

Startup advisory

We help founders address:

  • Business structure
  • Founder considerations
  • Tax implications
  • Accounting setup
  • Compliance planning
  • Financial projections
  • Budgeting
  • MIS reporting
  • Cash-flow planning

Financial Advisory & Business Consulting

Business Advisory

Numbers that help you make better decisions. Our advisory services help business owners understand their financial position and plan for sustainable growth.

  • Financial planning
  • Business budgeting
  • Cash-flow management
  • Working capital advisory
  • Cost analysis
  • Profitability analysis
  • Financial forecasting
  • MIS development
  • Business performance analysis
  • Break-even analysis
  • Pricing analysis
  • Business process review
  • Internal control review
  • Financial restructuring
  • Business expansion advisory
  • Investment decision support
  • Management reporting

Project Reports & Finance

Finance

Project finance & business documentation. We assist businesses and entrepreneurs in preparing financial information required for funding and business planning.

  • Project Reports
  • CMA Data
  • Financial projections
  • Business plans
  • Loan documentation support
  • Working capital assessment
  • Term loan documentation
  • Project feasibility analysis
  • Break-even analysis
  • Debt servicing analysis
  • Financial ratio analysis
  • Bank finance advisory
  • Funding-readiness assessment

Corporate Finance & Due Diligence

Finance

For businesses considering investments, acquisitions, expansion, or restructuring.

  • Financial due diligence
  • Business due diligence support
  • Financial analysis
  • Valuation support
  • Transaction advisory
  • M&A support
  • Business restructuring
  • Financial modelling
  • Investment analysis
  • Funding advisory
  • Investor reporting support

Valuation Services

Finance

Professional valuation support. Valuation may be required for various business, taxation, investment and regulatory purposes.

  • Business valuation
  • Share valuation
  • Startup valuation
  • Valuation for investment purposes
  • Valuation for restructuring
  • Valuation for transactions
  • Valuation support for tax and regulatory purposes
  • Financial modelling and valuation analysis

Where a valuation report is required to be issued by a specifically registered/authorized valuer under applicable law, the assignment can be coordinated with the appropriate registered professional.

TDS & Payroll Compliance

Taxation

Payroll & withholding tax compliance. We help businesses manage recurring payroll and withholding-tax obligations.

  • TDS calculation
  • TDS payment compliance
  • TDS return filing
  • TDS reconciliation
  • Form 16 / 16A assistance
  • Salary tax computation
  • Payroll accounting
  • Employee tax declarations
  • Tax-saving investment computation
  • TDSEffective internal notice assistance

NRI & International Taxation

International Tax

Cross-border tax advisory. We assist NRIs and businesses with applicable Indian tax and compliance requirements.

  • NRI income-tax return filing
  • Residential status analysis
  • Capital gains taxation
  • Rental income taxation
  • Taxation of Indian investments
  • DTAA-related advisory
  • Foreign income reporting
  • Foreign asset reporting
  • Cross-border transaction advisory
  • Repatriation-related tax considerations
  • Withholding tax advisory

FEMA & Foreign Transaction Advisory

International Tax

For clients involved in international transactions, investments, or cross-border business activities.

  • FEMA compliance assistance
  • Foreign investment-related advisory
  • Overseas investment-related advisory
  • Remittance-related tax documentation
  • Cross-border payment advisory
  • Foreign transaction reporting
  • Regulatory compliance support

Internal Controls & Risk Advisory

Risk Advisory

Strengthening your business processes. Effective internal controls can reduce errors, improve efficiency, and help safeguard business assets.

  • Internal control review
  • Process documentation
  • SOP development
  • Risk assessment
  • Internal audit
  • Operational review
  • Fraud-risk assessment
  • Control testing
  • Process improvement
  • Compliance review

Virtual CFO Services

Virtual CFO

CFO expertise without a full-time CFO. Our Virtual CFO services provide businesses with professional financial guidance without the cost of maintaining a full-time CFO function.

  • Financial strategy
  • Cash-flow monitoring
  • Budgeting and forecasting
  • Monthly MIS
  • KPI tracking
  • Business performance review
  • Working capital management
  • Management reporting
  • Financial planning
  • Fund-raising support
  • Board / management reporting
  • Strategic financial advisory

Ideal for

Startups • SMEs • Growing Businesses • Family Businesses

Trust, Society & NGO Services

Non-Profit / NGO Services

We provide accounting, audit, taxation and compliance support to eligible trusts, societies, NGOs and charitable organizations.

  • Accounting & bookkeeping
  • Audit
  • Income-tax return filing
  • Tax compliance
  • Registration-related assistance
  • Annual compliance
  • Donation accounting
  • Financial statements
  • Regulatory reporting
  • Tax exemption-related compliance support

Other Professional Services

Compliance

Depending on the firm's qualifications, registrations and scope of practice, our services can also include:

  • Digital Signature assistance
  • PAN/TAN services
  • Professional tax compliance
  • MSME compliance
  • Accounting software implementation
  • Financial documentation
  • Certification services
  • Net worth certificates
  • Turnover certificates
  • Fund utilization certificates
  • Bank-related certificates
  • Income certificates
  • Financial statements certification
  • Various statutory / regulatory certifications
Industry-focused expertise

Industries we serve

We serve clients across various sectors, bringing relevant financial and compliance understanding to each.

01
Startups & Entrepreneurs
02
Manufacturing
03
Trading
04
Retail
05
E-commerce
06
Information Technology
07
Software & SaaS
08
Real Estate
09
Construction
10
Professional Services
11
Healthcare
12
Education
13
Hospitality
14
Logistics & Transportation
15
Import & Export
16
Financial Services
17
NGOs & Charitable Organizations
18
Individuals & High-Net-Worth Clients

Service experience reflects the categories above; specialised sector claims are not made beyond what is stated here.

Who we serve

Built around your circumstances

Individuals

Tax filing, tax planning, investments, capital gains and financial compliance.

Startups

Business setup, accounting, GST, taxation, compliance and financial planning.

Small & Medium Businesses

End-to-end accounting, taxation, compliance, audit and advisory.

Corporates

Audit, taxation, financial reporting, compliance and advisory services.

Professionals

Specialized accounting and taxation support for doctors, consultants, freelancers, lawyers, architects and other professionals.

NRIs

Tax return filing, Indian income taxation, capital gains and cross-border tax matters.

One professional partner

Why clients choose us

01

Personalized Service

We understand your business before recommending a solution.

02

Comprehensive Services

Accounting, taxation, audit, compliance and advisory under one professional roof.

03

Timely Compliance

We help you stay organized and meet applicable deadlines.

04

Practical Advice

Our focus is on solutions that work in the real world.

05

Confidentiality

Client information is handled with professional discretion.

06

Technology Enabled

Digital processes make accounting and compliance more convenient.

Simple. Transparent. Professional.

Our process

01

Understand

We understand your business, financial position and requirements.

02

Assess

We identify compliance requirements, risks and opportunities.

03

Recommend

We explain the appropriate solutions and action plan.

04

Execute

Our team handles the agreed accounting, taxation, audit or compliance work.

05

Review

We periodically review your financial and compliance position.

06

Support

We remain available for ongoing professional guidance.

Trust & credibility

Experience that speaks in numbers

2007

Year CA Nikit Shah qualified as a Chartered Accountant

~20

Years of professional experience

0

Clients served and advised (1,000+)

4

Categories of institutional exposure — MNCs, listed companies, banking & financial sector, other reputed institutions

  • Experience across multinational corporations (MNCs)
  • Experience across listed companies
  • Experience across banking and financial sector organizations
  • Experience across other reputed institutions
Frequently asked questions

Have a question?

What services does a Chartered Accountant provide?

A CA firm can provide services relating to accounting, audit, taxation, GST, financial reporting, compliance, business advisory, financial planning and other professional services permitted under applicable laws and professional regulations.

Do you provide income tax return filing?

Yes. We provide income-tax return preparation and filing services for eligible individuals, professionals, businesses and other taxpayers.

Do you provide GST services?

Yes. Our GST services can include registration, return filing, reconciliation, advisory, notices and other applicable compliance requirements.

Can you manage our business accounting?

Yes. We can provide bookkeeping, accounting, financial statement preparation and outsourced accounting solutions based on your requirements.

Do you help startups?

Yes. We can assist startups with business structuring, registration, accounting setup, GST, taxation, compliance, financial projections and ongoing advisory.

Do you provide audit services?

Yes, subject to applicable eligibility, appointment requirements and professional regulations.

Can you handle tax notices?

Yes. We can assist with understanding and responding to applicable income-tax, GST and other tax-related notices, subject to the nature of the matter.

Do you provide Virtual CFO services?

Yes. Virtual CFO solutions can be customized for startups, SMEs and growing businesses.

Can I have a consultation before engaging your services?

Yes. Contact us to discuss your requirements and determine the appropriate professional service.

Get in touch

Let's discuss your financial requirements

Whether you need help with taxation, GST, accounting, audit, compliance or business advisory, we are here to help.

Nikit Shah and Associates

Chartered Accountants

Proprietor

CA Nikit Shah

Office

301B, Synergy Tower, Corporate Road, Prahladnagar,
Ahmedabad – 380015

Office hours

To be supplied

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Disclaimer: The information provided on this website is intended for general informational purposes only and should not be construed as professional advice. The applicability of laws, regulations, tax provisions and compliance requirements may vary depending on individual circumstances and may change from time to time. Please consult the firm for advice specific to your circumstances. Services are subject to applicable laws, professional standards, regulatory requirements and the terms of engagement.