Chaturvedi and Shah


Chaturvedi & Shah is one of the leading firms of Chartered Accountants in India. Founded in 1967, today we have our Head Office in Mumbai and branches at other metros – Delhi, Bengaluru, Ahmedabad, and Jamnagar. For over half a century, we have earned our clients’ trust by delivering a consistently high level of professional expertise in the field of Assurance, Taxation, Corporate and Transaction Advisory Services.


A powerhouse of superior talent and sturdy experience, Our firm has always stayed a step ahead and led by example in providing innovative solutions to its ever-growing list of versatile clientele in across numerous industries. Success of our firm is based on the strength of our client relationships and the quality of our staff and partners. Our clients value long-term relationships which enable us, as their advisers, to gain in-depth knowledge of their financial affairs and requirements.

International Tax Advisor of the Year – India, 2014

The Wealth and Finance International Awards recognises the companies, firms and individuals who have delivered highest quality results in their respective sector.

Audit & Assurance Firm of the Year – India, 2015

The Acquisition International Innovation Awards Corporate Livewire have been highlighting the amazing work done by corporate and individuals whose ceaseless dedication to innovation, customer service and growth and improvement of their business has seen them forge ahead of the competition and raise the bar in the industry.

50 years

ICAI complimented our founder partner Mr. D  N. Chaturvedi for completing 50 years of continuous membership.

Our Services


Backed by five decades of experience, we offer full range of services designed to meet consistently high quality international benchmarks.

International Association

Chaturvedi & Shah is a member of Nexia International, which is ranked amongst the top 10 network of independent accounting and consulting firms. Nexia International drives quality and facilitates collaboration to enable its member firms to provide effective local and global solutions. Nexia International comprises of over 250+ members having 565+ offices in 120 countries.

International Registration

Chaturvedi & Shah is registered with PCAOB ( Public Company Oversight Board),establish under Sarbens- Oxley Act, 2002 in USA. It oversees the audits of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports. PCAOB carries out periodic inspection of the firm registered with it.

Our Insights

At C&S, we have realised that change is the only constant in our profession and keeping ourselves abreast with the latest development gives an edge in serving our clients.

  • Chaturvedi & Shah Partner Mr. Vijay Napawalia has been nominated as a Sub Group Member of  “ACCOUNTING STANDARDS FOR LOCAL BODIES COMMITTEE” of WIRC for the year 2017-18.
  • ICAI issues revised Guidance Note on Transfer pricing u/s 92E of the Income Tax Act, 1961
  • Amendments to Ind AS
  • Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 2
  • C & S Connect – July 2014
  • C & S Connect – April 2013
  • C & S Connect – December 2011
  • GST tax rates set at 5, 12, 18, 28%
  • FAQ on entrolment of the Existing Tax Payer on GST System Portal
  • Draft Rules and Format
  • Ind AS 114 – Regulatory Deferral Accounts
  • Ind AS 106 – Exploration for and Evaluation of Mineral Resources
  • Ind AS 19 – Employee Benefits