Everything a Chartered Accountant Can Actually Do For You

A Chartered Accountant (CA) provides far more than basic tax filing. Services fall into five main areas: tax, GST, business registration & compliance, audits, and advisory.

Tax services cover accurate ITR filing for individuals and businesses, year-round tax planning and advance tax, handling income-tax notices/scrutiny, and mandatory tax audits under Section 44AB.

GST services include registration, monthly/quarterly return filing (GSTR-1, GSTR-3B), audits, reconciliations, and notice responses.

Business registration & compliance spans Private Limited, LLP and partnership firm incorporation, plus ongoing annual ROC filings to avoid penalties.

Audit services include statutory audits (legally required for many companies), internal audits for process improvement, and stock audits for inventory-heavy businesses.

Accounting & advisory cover outsourced bookkeeping, financial statements, payroll/TDS, Virtual CFO support for growing firms, NRI taxation, business valuation, and loan/funding documentation.

Fees vary by service, city and complexity—from low one-time charges for individual ITR or GST registration to monthly retainers for accounting or Virtual CFO work, and turnover-based fees for audits. Always seek itemized quotes.

Choose a CA by matching specialization, verifying ICAI registration and Certificate of Practice, checking industry experience, comparing transparent pricing, and assessing communication. Online platforms suit routine tasks; traditional firms excel at complex advisory and representation. Many businesses use a hybrid approach.

Match the right service to your needs, shortlist providers, and request clear scope and fees for the best long-term value.