GBCA & Associates LLP Chartered Accountants

Latest News

Budget 2021: At a Glance
Union Budget 2021 - Analysis & Highlights
Budget Proposals - The turnover threshold for tax audit has been enhanced from INR 5 crores to INR 10 crores if the total cash receipts and payments do not exceed 5%.
Budget Proposals - Advance Tax liability on dividend income shall arise only after declaration or payment of dividend
Budget Proposals - Late deposit of employee’s contribution to specified funds by employer shall not be allowed as deduction to the employer.
Budget Proposals - Goodwill of a business or profession will not be considered as a depreciable asset.
Budget Proposals - Tax deduction will not be required in case of dividend income earned by a Business Trust (REIT, InvIT etc.).
Budget Proposals - With effect from a date to be notified, the mandatory requirement of audit of accounts and reconciliation statement by Chartered Accountant / Cost Accountant is proposed to be removed.
Education cess is not disallowable u/s 40(a)(ii) of the Income-tax Act, 1961

We Provide Solutions

Tax and Regulatory

Audit and Assurance

Business Advisory

Transaction Advisory

Legacy & Values

The foundation of GBCA & Associates LLP was laid by Mr. Devchand R. Ghalla and Mr. Niranjan H. Bhansali with a goal of delivering superior services incorporating the virtues of character, integrity, accountability and respect. These virtues have enabled us in forging lasting relationships, become trusted service providers and an active partner in our clients’ success. In the last six decades, we have stood by our clients through changing times and business cycles – and continue to do so.

WHY GBCA

From our decades of experience in serving clients in India and globally, we understand what it takes to reach their goals. Personalized approach, constantly striving to exceed expectations and our ability to blend knowledge, experience, expertise and skills to deliver creative, timely and tailored solutions to our client’s unique needs, make us a professional firm of choice for our clients.

Multi Disciplinary Service

Render multitude of services across Tax, Audit, Business Advisory and Transaction Advisory

Large Clientele

Large client base spanning Multinational Corporations, Public & Private Companies and family managed groups

Profound Experience

Substantial experience across multiple industries & business segments

Dedicated Team

A team of over 100 including 7 Partners, a Chief Executive Officer and 18 Professionals

Focused Approach

Applying contemporary methodology and focused approach to deliver high quality services

Robust Network

Strong network with Professionals to ensure client access to varied services across the country

CLIENT RELATIONSHIP

Our time-honoured relationships with our clients are deep-rooted ones. These relationships, spanning over generations, have been instrumental in developing a deep insight into various sectors. The experience of serving multi-national entities, large & medium corporate, SME clients in diverse sectors gives GBCA a cutting-edge advantage in its various service offerings and includes, amongst others, the following sectors –