About Us

At Ashish Mahajan and Associates (AMACA), we are a leading Chartered Accountancy firm dedicated to delivering top-tier financial, audit, and advisory services across India. With years of experience, we specialize in offering a wide range of solutions to individuals, SMEs, and large corporations, helping them navigate the complexities of financial regulations and optimize their operations for sustainable growth.

Our team, led by the highly respected Chartered Accountant Ashish Mahajan, consists of seasoned professionals who bring in-depth knowledge and expertise across various sectors. We pride ourselves on our commitment to providing client- centric services, understanding the unique needs of each client, and offering tailored solutions that drive success. Integrity, transparency, and quality are at the core of everything we do, ensuring that our clients not only meet their financial objectives but also grow with confidence in an ever-changing regulatory landscape.

From audit and assurance to corporate compliance, taxation, and business advisory, AMACA is your trusted partner in financial success. Whether you are a startup, SME, or large enterprise, we provide strategic advice and reliable solutions to support your business at every stage of its journey.

Vision and Mission

Vision:

To be a trusted leader in providing exceptional financial, audit, and advisory services, empowering businesses and individuals to achieve financial clarity and success. We envision a future where every client we serve reaches their full potential through our expert guidance and innovative solutions.

Mission:

Our mission is to deliver top-quality, client-centric financial services with integrity and transparency. We aim to simplify the complexities of accounting, tax, and compliance, enabling our clients to focus on growing their businesses. Through personalized solutions, ethical practices, and a commitment to excellence, we strive to be a key contributor to the success and growth of businesses across India.

Our Establishment

With a growing presence across Jalandhar, Mandi, Ludhiana, Chandigarh, and Delhi, Ashish Mahajan and Associates (AMACA) is not just a firm, but a network of excellence. Our offices are strategically located in bustling business hubs, allowing us to serve clients with agility and local expertise. Whether you’re in the industrial heart of Ludhiana or the corporate corridors of Delhi, we are right where you need us, blending personalized service with a wide geographical reach. Each office is a powerhouse of innovation, integrity, and professionalism, ready to tackle the diverse financial challenges faced by businesses today.

Our Work Strength

Our team of 50 talented professionals is the backbone of our success, a dynamic mix of seasoned experts and fresh talent ready to roll up their sleeves and get things done. At AMACA, we believe in the power of teamwork, where every member plays a pivotal role in delivering superior service. From audit precision to innovative tax strategies, our team is driven by a passion for excellence. With an energetic and collaborative work culture, we bring a vibrant, solution-driven approach to every client we serve—ensuring that your business thrives with confidence and clarity.

Audit and Assurance

At Ashish Mahajan and Associates (AMACA), our audit and assurance services are designed to help businesses comply with the regulatory requirements as mandated by the Companies Act, 2013, and other statutory laws in India. We conduct comprehensive audits to ensure the accuracy of financial statements, providing stakeholders with an independent and unbiased assessment of your financial health. Our team follows strict auditing standards prescribed by the Institute of Chartered Accountants of India (ICAI), ensuring adherence to statutory guidelines and transparency in financial reporting.

Whether it's a statutory audit, internal audit, or tax audit, we aim to identify risks, ensure regulatory compliance, and provide actionable insights that help businesses improve their financial performance. We also assist in detecting inefficiencies and recommend operational improvements to enhance overall productivity. Our audit services not only help maintain legal compliance but also build trust with investors, regulators, and the public.

NBFC Audit and Compliance

At AMACA, we specialize in providing comprehensive audit and compliance services for Non-Banking Financial Companies (NBFCs). Our services include overseeing changes in management, ensuring accurate accounting and audit practices, and helping NBFCs meet regulatory requirements set by the Reserve Bank of India (RBI). Compliance is critical for NBFCs, and we assist in fulfilling all obligations, such as filing quarterly DNBS Returns on a monthly, quarterly, or yearly basis, depending on the regulatory requirements.

Our experienced team helps NBFCs navigate the complex compliance landscape, ensuring adherence to the RBI guidelines while maintaining transparency in financial reporting. We also offer advisory services on changes in management, helping NBFCs restructure effectively to meet business objectives. By streamlining your compliance processes, we ensure that your business stays compliant with all statutory requirements, safeguarding against penalties and fostering confidence among stakeholders.

Startup Advisory

In the rapidly evolving startup ecosystem, we provide end-to-end advisory services designed to support startups from funding to operational success. Our services include assistance in fundraising strategies, investor presentations, and navigating funding rounds such as Seed, Series A, and beyond. Additionally, we offer Virtual CFO services, providing financial leadership without the need for a full-time hire, helping startups with budgeting, financial planning, cash flow management, and compliance.

By leveraging our expertise in regulatory compliance, tax planning, and financial structuring, we help startups build strong financial foundations that support scalable growth and long-term success. Our goal is to be a strategic partner, guiding startups through every stage of their journey.

Outsourcing and International Bookkeeping

At AMACA, we offer comprehensive outsourcing services for businesses looking to manage their accounting and bookkeeping tasks across the globe, including the US, UK, Canada, and other international markets. Our expertise spans a variety of international accounting software platforms such as QuickBooks, ZOHO, and other leading financial management tools, ensuring accurate and compliant bookkeeping tailored to different countries' financial regulations.

We provide end-to-end bookkeeping services that cover everything from day-to-day transaction processing to preparing financial reports for global operations. Our team is adept at managing multi-currency transactions, tax compliance, and international financial standards. By outsourcing your accounting functions to us, you gain access to expert professionals who streamline your financial processes, ensuring efficiency and accuracy while freeing up valuable resources for your core business activities.

Our international bookkeeping services are designed to reduce operational costs and maintain global financial compliance, helping businesses stay competitive in an increasingly interconnected world.

Subsidy and Government Incentive Advisory

At AMACA, we assist businesses in securing government subsidies and incentives for various types of projects, ensuring they can access financial support to accelerate growth. Whether you're involved in infrastructure, technology, agriculture, or renewable energy, we help you identify and apply for government schemes that align with your project goals.

Our team provides end-to-end support, from researching eligible subsidies under programs like Startup India, MSME schemes, and sector-specific initiatives, to assisting with the documentation and application process. We also ensure ongoing compliance with reporting requirements, helping you maintain eligibility throughout the duration of your project. By leveraging available subsidies and incentives, we help you reduce costs and improve the financial viability of your projects, giving your business the competitive edge it needs to thrive in the marketplace.

Transfer Pricing and Business Taxation

Our transfer pricing services ensure that transactions between associated enterprises comply with Indian regulations and OECD guidelines. By conducting thorough risk assessments, we help businesses align intercompany pricing policies with the arm’s length principle. From preparing and documenting transfer pricing reports to filing Form 3CEB with the tax authorities, we ensure full compliance to avoid regulatory challenges.

For business taxation, we provide advisory and strategic planning to help businesses optimize their tax liabilities. Whether it's navigating corporate tax laws, understanding the implications of new tax policies, or ensuring timely filings, we ensure that businesses not only remain compliant but also benefit from the best possible tax strategies. We also offer assistance during tax audits and dispute resolution to safeguard your interests.

Corporate Law Compliance

We provide expert guidance on all aspects of corporate law, ensuring businesses remain compliant with regulatory frameworks such as the Companies Act, 2013. Our services include legal structuring, corporate governance advisory, and assistance with board resolutions and filings. This helps businesses operate within the legal boundaries while mitigating risks. Business Valuation and Financial Restructuring Our team offers accurate and comprehensive business valuation services for mergers, acquisitions, or financial reporting. In addition, we assist in financial restructuring, helping businesses realign their operations and finances to enhance profitability and sustainability, especially during times of financial stress or growth transitions.

Goods and Services Tax (GST) Compliance

We help businesses navigate the complexities of GST regulations, offering services that include registration, filing of monthly or quarterly returns, and advisory on input tax credits. Our goal is to ensure full compliance while optimizing tax efficiency and minimizing risks associated with non-compliance.

India Entry and Starting a New Business

We offer comprehensive support for businesses looking to enter the Indian market. From helping with company registration under MCA to obtaining necessary approvals and licenses, we guide businesses through the legal and regulatory landscape. Our services also include setting up compliance frameworks, tax registrations, and advisory on market entry strategies, ensuring a smooth and successful launch in India.

Whether you are establishing a liaison office, branch office, or setting up a new entity, we ensure that your business is structured effectively to meet your long-term objectives.

Our Team

Ashish Mahajan - B.Com, FCA, Certified Forensic Auditor

  Ashish Mahajan is the driving force behind Ashish Mahajan and Associates, with a reputation built on integrity and deep expertise in forensic auditing. A Fellow Chartered Accountant (FCA), Ashish has a wealth of experience in conducting complex audits, uncovering financial irregularities, and ensuring compliance with statutory guidelines. His dedication to ethical practices and transparency has made him a trusted advisor for businesses across India. His leadership combines traditional values with modern financial strategies, ensuring that clients benefit from sound advice tailored to the Indian business landscape.

Bhupinder Saluja - B.Com, FCA, Certified Concurrent Auditor

With decades of experience, Bhupinder Saluja is known for his meticulous approach to concurrent audits, a crucial service for banks and financial institutions. He ensures that financial transactions adhere to real-time compliance, safeguarding clients from potential risks. His deep knowledge of Indian financial regulations and attention to detail have made him a cornerstone in the firm’s audit and compliance services. Bhupinder’s client-centric approach helps businesses navigate the ever- evolving Indian regulatory environment with confidence.

Vikas Kumar - B.Com, FCA, Insolvency Professional

As a certified Insolvency Professional, Vikas Kumar specializes in guiding businesses through financially turbulent times. His expertise in handling insolvency and restructuring cases under the Insolvency and Bankruptcy Code of India makes him a valuable asset to companies facing financial distress. He has a thorough understanding of how to restore business viability or manage the resolution process in a structured manner. His ability to empathize with business owners while offering practical solutions reflects the ethos of AMACA—to provide timely and compassionate support during challenging financial situations.

Rajinder Kumar - B.Com, ACA, Certified Forensic Auditor

Rajinder Kumar brings precision and diligence to the team with his expertise in forensic auditing. Trained to uncover even the most subtle financial discrepancies, Rajinder plays a pivotal role in ensuring that businesses operate within the legal framework. His ability to identify and address fraud or financial misconduct has been instrumental in protecting clients from risks. Rajinder’s attention to the cultural and regulatory nuances in the Indian business sector sets him apart as an invaluable member of the AMACA family.

Harmeet Singh - B.Com, FCA, DISA

Specializing in Information Systems Auditing (DISA), Harmeet Singh ensures that businesses maintain secure and compliant digital infrastructures. In an era of digital transformation, his expertise bridges the gap between technology and finance, providing clients with the assurance that their financial data is protected. Harmeet’s  deep understanding of Indian IT regulations and digital security protocols enables businesses to adopt cutting-edge technology without compromising on compliance.

Shrutika - B.Com, ACA, DISA

As one of the firm’s emerging leaders, Shrutika focuses on integrating modern auditing techniques with traditional financial practices. Her expertise in Information Systems Audits ensures that businesses stay compliant with the rapidly changing digital and financial landscapes in India. Shrutika’s youthful energy and strong grasp of both finance and technology allow her to provide innovative solutions to clients, making her a key figure in driving AMACA’s growth in the dynamic Indian market.

Who We Are

We are Ashish Mahajan and Associates (AMACA), a dedicated team of Chartered Accountants offering expert financial, audit, and advisory services across India. Our mission is to provide customized financial solutions that help businesses grow while maintaining compliance with Indian regulatory standards.

Why Choose Us

Clients choose us for our deep industry knowledge, ethical practices, and personalized service. We believe in building long-term relationships by delivering strategic financial solutions that are both practical and compliant with evolving laws.

How We Are Different

We combine modern financial strategies with traditional Indian business values, ensuring our clients benefit from innovative solutions while maintaining the highest standards of integrity and transparency. Our multidisciplinary team allows us to offer a broad spectrum of services tailored to the unique needs of each client.