In terms of Size of Firm & infrastructure :
1) In the Year 1972
Foundation stone of AMBALAL PATEL & Co. was laid by visionary CA Ambalal Patel as a proprietorship in his early years of practice.
2) In the year in 1993,
CA Saurin Patel joined his practice to carry on the same at new level. He is a key member of our team who brought out potential of our team helped to reach to a level what we stand today.
3) In the year 2002
We got empanelled with the Comptroller and Auditor General of India(C & AG of India).
4) In the year 2004
Taking this growth story further CA Ghanshyam Jajal joined our firm in 2004. He was instrumental in bringing technological advancements in current practice to serve our clients even better and to work in more organizational manner.
5) In the year 2009
CA Nikunj Patalia joined our firm. It was time when new generation of CAs joined our organization to take the same to new milestone. He is a person who spread our existing practice to new areas of professional avenues.
CA Saurin Patel cleared CPA (USA) exams and opened up the scope of expansion and diversification of our practice area.
We got peer reviewed by Peer Review Board of Institute of Chartered Accountants of India(ICAI) and got the Peer Review Certificate for Proper Audit Documentation.
6) In the year 2011
We shifted our office to new, more spacious and key business location. By this time we have sufficient infrastructure and core team of talent to serve more groups of clients.
7) In the year 2013
Taking this growth story further, AMBALAL PATEL & Co. and JETHALIYA & ASSOCIATSES merged to build more stronger and larger firm of Chartered Accountants. CA Ratan Jethaliya & CA Nilay Bhavsar, existing partners of JETHALIYA & ASSOCIATES added to core team of CAs. Both these partners are qualified Company Secretary (CS). So, this is value addition to our existing portfolio of services.
Looking at growth of the Firm again we got peer reviewed by Peer Review Board of Institute of Chartered Accountants of India(ICAI) and got the Peer Review Certificate for Proper Audit Documentation.
Also we are awarded Category I firm by ICAI for conducting Banks Audits.
In terms of Services :
1) Till the year 2003
Statutory Audits of Companies and Banks , Tax Audits, Internal Audits of Companies and firms, Trust Audits, Income tax Related services, Wealth tax related services, Company Law compliance, Investment consultancy and other such services
2) in the year 2004
Service tax consultancy, Concurrent audit of Banks, Payroll audit of PSUS
3) in the year 2007
Online filing of Income Tax Returns and Filing of various forms under the Companies act
4) in the year 2009
Value added Tax Consulting services (including VAT audits)
Assisting the clients in taking 4% SAD refunds from Customs Authorities
International Transfer Pricing Audits
5) In the year 2010
Import Export Code(IEC) registration Services
Small Scale industries Registration (MSME) Services
Assisting for availing Unique Identification Number for Overseas Investments from RBI
6) In the year 2011
XBRL Conversion of Public Limited Companies and PSUs
Shop and Establishment Registration services
Professional Tax Registration services
7) In the year 2012
Advisory services on Employees Gratuity scheme
Helping the Companies in preparing the balance sheets as per Revised Schedule VI of the Companies Act,1956
8) In the year 2013
Domestic Transfer Pricing Audits
Project Finance Services
Assisting clients on Compliance of Companies Act 2013
9) In the year 2014
Formation of Limited Liability Partnership(LLP)