Established 1985 · Chartered Accountants

Gopal Shah & Co.

Statutory Audit Direct Tax GST Valuation Advisory

A Chartered Accountancy practice established in 1985, serving businesses from offices in Ahmedabad and Nadiad. Our practice covers statutory audits, direct and indirect taxation, financial valuations, and corporate advisory.

04
Partners
02
Offices
Est. 1985
In Practice
ICAI
Member Firm
Fundamental Principles

Reference: ICAI Code of Ethics

01
Integrity

Straightforward and honest in every professional and business relationship.

02
Independence

Unbiased professional judgement, free from any conflict of interest.

03
Confidentiality

Client information maintained with the highest degree of discretion.

About Gopal Shah & Co.

Gopal Shah & Co. is a full-service Chartered Accountancy firm headquartered in Ahmedabad, with an additional office in Nadiad, Gujarat. Founded on the principles of integrity, accuracy, and client-first advisory, the firm has built a trusted reputation across industries serving businesses, entrepreneurs, and individuals with equal dedication.

Our team of experienced CAs and professionals brings together deep technical knowledge and practical business acumen, ensuring that every client receives advice that is not just compliant, but commercially sound.

Over the years, we have worked with:

  • Startups and MSMEs navigating early-stage compliance and structuring
  • Mid-sized businesses managing GST, direct tax, and regulatory requirements
  • Large corporates requiring audit, due diligence, and CFO-level advisory
  • NRIs and HNIs seeking tax planning, investment structuring, and repatriation guidance

What sets us apart is our commitment to being more than just your auditor or tax consultant we position ourselves as a long-term financial partner to every client we serve.

OUR SERVICES

Comprehensive Professional Solutions

End-to-end financial, regulatory, and advisory solutions tailored to your business needs.

Expert Guidance Across Complex Regulatory Landscapes

Expert Guidance Across Complex Gopal Shah & Co provides expert guidance across
complex regulatory landscapes to ensure your business remains fully compliant.

01

Capital Markets

SME IPO Consultation

Navigating the public markets requires meticulous preparation and adherence to strict regulatory standards. We provide comprehensive support for listings on the BSE SME Platform and NSE Emerge.

  • Financial restatement & due diligence
  • DRHP preparation & filing support
  • Full compliance with SEBI ICDR Regulations 2018
  • BSE SME Platform & NSE Emerge listings
02

Investment Funds

AIF Consultation Services

Managing investment vehicles demands precise administrative and regulatory oversight to mitigate potential risks. We offer specialized valuation, seamless fund accounting, and robust compliance strategies for Category I, II, and III funds.

  • Specialised fund valuation services
  • Seamless fund accounting & reporting
  • Compliance for Category I, II & III funds
  • Strict SEBI AIF Regulations 2012 adherence
03

GIFT City · IFSC

GIFT City IFSC Services

Establishing a financial presence in specialized zones offers significant benefits but introduces intricate compliance obligations. We expertly manage unit registration and navigate complex IFSCA regulations while addressing critical FEMA implications.

  • Unit registration & IFSCA navigation
  • FEMA implications & advisory
  • Tax incentives under Section 80LA
  • Strategic GIFT City setup advisory
04

FEMA · Overseas

APR Filing & ODI Compliance

Cross-border business expansions necessitate accurate reporting to maintain good standing with domestic regulatory authorities. We facilitate seamless preparation and submission of your Annual Performance Report under FEMA.

  • Annual Performance Report under FEMA
  • Form ODI filing & management
  • RBI Master Directions adherence
  • Overseas investment structuring
05

International Tax

Global Tax & FEMA Advisory

International transactions require strategic structuring to optimize tax liabilities and ensure regulatory adherence. We deliver expert guidance on inbound and outbound investment structures while ensuring comprehensive FEMA 1999 compliance.

  • Inbound & outbound investment structuring
  • Comprehensive FEMA 1999 compliance
  • Precise DTAA application & advisory
  • Withholding tax management

OUR TEAM

Led by Experienced Professionals

Committed to excellence and client success, our partners bring decades of combined expertise across audit, taxation, valuation, and advisory.

CA Gopal Shah

Founder Partner - Tax Head

40+ Years
FCAM.ComLLB

Founded the firm in 1985 and has led the tax practice with dedication to client service, ethical approach, and technical expertise across diverse industries.

Corporate Tax PlanningTax LitigationStrategic Structuring

CA Parth Shah

Partner - Audit & Valuation

13+ Years
FCACPA (USA)Reg. Valuer (IBBI)DISA

Associated as partner since 2013, Parth brings international experience from Ernst & Young and leads audit, valuation, and advisory engagements across diverse sectors.

Statutory AuditsBusiness ValuationsFinTech Advisory

CA Moayaz Shaikh

Partner - Tax Lead

ACAB.Com

Specializes in comprehensive tax solutions with strong analytical capabilities, enabling efficient and compliant tax strategies for clients across industries.

Direct & Indirect TaxGST AdvisoryCross-Border Tax

CA Abhilash Ramani

Partner - Audit & Tax Lead

ACAB.Com

Focuses on delivering reliable audit and tax solutions with a detail-oriented approach, helping clients navigate India's regulatory and compliance framework confidently.

Statutory AuditsIT ScrutinyInternal Controls

PILLERS OF GOPAL SHAH & Co.

Four Decades of Trust, Integrity & Excellence

Since 1985, Gopal Shah & Co. has been built on 4 principles: dedication, discipline, determination, and ethical conduct. These values shape every engagement, every solution, and every relationship we build with our clients.

Where expertise meets ethics, and compliance meets counsel.

1. Client-Centric Approach

We proactively understand your business constraints and regulatory challenges to deliver customized solutions.

2. Long-Term Partnership

Transparency and responsiveness define our relationships. We're not just service providers — we're trusted advisors.

3. Value-Driven Solutions

Nearly 40 years of expertise
translated into practical,
actionable strategies that drive sustainable growth.

Statutory Compliance Calendar

Key Statutory Due Dates

A reference of important compliance dates under Indian taxation, corporate, and labour laws. Provided for general information.

Select Month 0 items

Due dates listed above are indicative and subject to extensions, amendments, or notifications issued by the relevant authorities from time to time. Users should verify current applicability from the respective statute, circular, or notification before relying on this information.

Got Questions ?

Frequently Asked Questions

1When is a statutory audit mandatory for a company in India?
Under Section 139 of the Companies Act, 2013, a statutory audit is mandatory for every registered company in India, regardless of its turnover or profitability.
Private limited, public limited, and one-person companies must appoint an independent chartered accountant to audit their annual financial statements to ensure legal compliance and transparency.
2What is a tax audit and when is it applicable?
A tax audit is an independent examination of a business's books of accounts to ensure income tax compliance.
Under Section 44AB of the Income Tax Act, 1961, it is mandatory for businesses with total sales, turnover, or gross receipts exceeding ₹1 crore, and professionals with gross receipts exceeding ₹50 lakh.
3Who is required to register under GST?
GST registration is mandatory for businesses whose aggregate turnover exceeds the threshold limit of ₹40 lakh for goods (₹20 lakh in special category states) or ₹20 lakh for services.
Under the CGST Act, 2017, registration is also compulsory for inter-state suppliers, e-commerce operators, and non-resident taxable persons.
4What is the role of a Registered Valuer under the Companies Act 2013?
A Registered Valuer determines the fair market value of specific assets, including shares, property, and intangible assets.
Under Section 247 of the Companies Act, 2013, all valuations required for corporate restructuring, further issue of shares, or liquidation must be conducted strictly by a valuer registered with the Insolvency and Bankruptcy Board of India (IBBI).
5What is an Annual Performance Report (APR) under FEMA?
An Annual Performance Report (APR) is a mandatory compliance filing for Indian parties making Overseas Direct Investments (ODI).
Governed by the Foreign Exchange Management Act (FEMA), 1999, the APR provides the Reserve Bank of India with financial details of the Joint Venture or Wholly Owned Subsidiary abroad, and must be certified by a Chartered Accountant.
6What is the difference between a Category I, II, and III Alternative Investment Fund?
Under SEBI (AIF) Regulations, 2012, Category I AIFs invest in start-ups and SMEs (e.g., venture capital). Category II AIFs include private equity or debt funds not undertaking leverage. Category III AIFs employ diverse or complex trading strategies, including leverage, typically operating as hedge funds targeting short-term capital appreciation.
7What are the key compliance requirements for a unit set up in GIFT City IFSC?
Units in the GIFT City International Financial Services Centre (IFSC) must comply strictly with IFSCA regulations.
Key compliance requirements include maintaining books of accounts in a specified foreign currency, filing the Annual Return on Foreign Liabilities and Assets (FLA) under FEMA, and adhering to specific SEBI and RBI reporting guidelines for offshore operations.
8What is a Virtual CFO service?
A Virtual CFO provides outsourced, high-level financial strategy and management for businesses without an in-house Chief Financial Officer. Services typically include cash flow forecasting, financial modeling, budgeting, and ensuring regulatory compliance under applicable corporate laws, enabling founders and executives to make data-driven decisions while optimizing operational costs.