KGC
Kalani Gattani & Co
Chartered Accountants
Chartered accountants · Established 2017
Kalani Gattani & Co is a firm of chartered accountants, established in 2017. We work with corporate clients across India, in industries that include telecom and financial intermediaries.
Established
2017
A firm of chartered accountants, working to the standards and Code of Ethics of the Institute.
Clients
Corporate, across India
Companies and other corporate entities, in industries that include telecom and financial intermediaries.
Team
CAs, CSs, and professionals
Chartered Accountants, Company Secretaries, and other professionals work on the same files.
Kalani Gattani & Co was established in 2017. The work is the part of a company’s affairs that has to be right on paper: the books of account, the audit of them, the income tax and GST returns drawn from them, and the filings that follow under company law.
Our clients are corporate. They range across industries, and include telecom businesses and financial intermediaries, whose accounts and compliance carry rules of their own. We describe the kind of work involved on the Sectors page. We do not publish client names, because the Code of Ethics asks us not to.
Statutory and tax audit, internal audit, and certificates, so the figures can be relied on by the people who read them.
Income tax and GST, from the computation and the return through to an assessment, a scrutiny, or a notice.
A finance view for the people running the business: monthly reports, cash, budgets, and the calendar of what falls due.
The books of account, the monthly close, and the financial statements drawn from them.
The accounts of a telecom operator, a lender, and a factory raise different questions. These are the kinds of business the work is organised around.
Large volumes of small charges, bundled plans, and long-lived network assets. The work looks at how revenue is recognised across prepaid and postpaid plans, how deferred revenue is released, how network equipment is capitalised and depreciated, how interconnect balances are reconciled, and how licence-related levies and GST are accounted for.
Lending, broking, and distribution businesses sit under their own regulators and their own reporting. The work looks at interest and fee income recognition, provisioning against loans, client money and its reconciliation, tax deducted on interest and commission, and the certificates and returns that a regulator or lender asks the auditor to support.
A file is read by more than one discipline. The firm’s team is made up of Chartered Accountants, Company Secretaries, and other professionals.
Audit and assurance, income tax and GST, and the accounts and financial statements that both rest on. Signing authority for audit reports and tax audit forms lies with members of the Institute.
Company law compliance: annual filings, director and share records, statutory registers, and the resolutions that a later form has to match.
Accounting, tax, and compliance professionals who keep the books, prepare the workings, and run the calendar, together with articled assistants who learn on live files.
The Income-tax Act, 2025 has applied since 1 April 2026. It speaks of the tax year. Income of FY 2025-26 is still assessed under the Income-tax Act, 1961 for assessment year 2026-27.
Under section 16(4) of the CGST Act, credit on an invoice for FY 2025-26 can be taken for the first time up to the earlier of 30 November 2026 and the date the annual return for FY 2025-26 is filed. Credit that was reversed earlier and is being reclaimed after payment is treated differently under the rules.
For assessment year 2026-27 (income of FY 2025-26), the Central Board of Direct Taxes has extended the due date for the return of income from 31 October 2026 to 21 November 2026 for persons referred to in serial number 2 of the table below Explanation 2 to section 139(1) of the Income-tax Act, 1961. As a consequence, the specified date for the audit report has moved from 30 September 2026 to 21 October 2026.
The GST Council Secretariat has moved the 57th meeting from 12 September to 7 October 2026, with the Officers’ meeting on 5 and 6 October. The agenda had not been published at the time of writing. Proposals reported in the press, such as changes to registration, input tax credit, and refunds, are not decisions of the Council.
Section 16(4) sets the last date for first-time credit on invoices of FY 2025-26. What stands outside it, and a four-week clearing routine.
A checklist for matching sales and purchase registers to the GST returns and the auto-drafted statement, and what to settle before input tax credit is claimed.
CBDT Circular No. 07/2026 moves the tax audit report date to 21 October and the return date to 21 November 2026 for audit cases. Who is covered, and what stays.
The Income-tax Act, 1961. The return is for assessment year 2026-27, on the old forms, and any notice, rectification, or scrutiny for that year is also under the 1961 Act. Income of FY 2026-27 onward is under the Income-tax Act, 2025, as tax year 2026-27.
A statutory audit is an examination of the financial statements under the law that governs the entity, such as the Companies Act, 2013. A tax audit is a separate report under the Income-tax Act on the particulars the tax form asks for, traced to the same books. Where the accounts are already audited under another law, the tax audit report is given alongside that audit.
Bookkeeping records transactions. Financial accounting and reporting adds the reconciliations, the monthly close, the provisions and adjustments, and the financial statements, so the numbers can be audited, filed, and used by management.
The accountant keeps and closes the books. The virtual CFO reads them: margins, cash, working capital, budgets, and the dates ahead. The two depend on each other, and neither replaces the audit.
No. The material is general information, published in keeping with the Code of Ethics of the Institute of Chartered Accountants of India. Please read the disclaimer.
The firm’s clients are across India, and the states in which it is present are listed in the footer. The website does not publish a street address. Matters already with the firm are handled through the contact page.
By email, with a resume. The articleship page gives the subject line and what to include.
Articled assistants work on live files: accounts, audit, income tax, GST, and company filings, for clients across India.
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The material on this website is general information about Kalani Gattani & Co. It is not professional advice, and it does not create a client relationship.
In keeping with the Code of Ethics of the Institute of Chartered Accountants of India, this website is not a solicitation or advertisement for professional work. You are here of your own accord. Nothing on these pages is an invitation or inducement to appoint the firm.