Mumbai Skyline Marine Drive and Bandra-Worli Sea Link
ICAI Registered Chartered Accountancy Firm • Est. 2018

Professional Expertise.
Practical Solutions.
Trusted Growth.

ASGR and CO provides comprehensive Chartered Accountancy, audit, taxation, compliance and business advisory services to businesses, professionals and individuals.

Explore Our ServicesContact Us

ASGR and CO

Chartered Accountants

Mumbai, India
Assurance and Non Assurance Audit ServicePanel Qualified
Insolvency Consultancy Service under IBC CodeIBC Advisory
Multi Empanelled Registered FirmEmpanelled
Direct and Indirect TaxationITR • GST • 15CB
Virtual CFO and Fund Raising ServiceCorporate Advisory
Society and Trust Governance Service12A / 80G / Audit
Capital MarketIPO / Placement
Direct Partner Helpline:
+91 93249 76856/+91 97693 32007
Consult Now
20+ YearsPartner Journey
3 PartnersFCA & ACA Leaders
100%Best Trained Staffs
Multi EmpanelledRegistered Firm
Firm Overview

About ASGR and CO

A Firm of Enthusiastic Chartered Accountants, Advisors & Commerce Specialists

ASGR and CO is a Chartered Accountant firm of professionals established with the aim of providing a wide range of services to the clients and aspires to be recognized as a quality service provider globally.

We serve in the entire gamut of Auditing (internal & statutory), Bank Stock & Revenue Audit, Taxation (including certifications), Factoring and Collateral Inspections covering Stocks & Book Debts Audits, Retainership and Consultancy in the Field of Insolvency, IPO and compliance with diverse laws. With our precise, exhaustive and sturdy analytical services, our clients stand to be at an advantage.

Quality with Integrity

Stringent adherence to ICAI core ethics, open communication, and independence.

Customized Solutions

Adding sustained value customized to meet the distinct needs of businesses and individuals.

Learn More About Our Values & Accreditations
Peer TestimonialStatutory & Bank Audits

“Unmatched Technical Precision & ICAI Standards Adherence”

Working alongside ASGR and CO on multi-entity statutory audits and complex financial reviews has been an outstanding experience. CA Sanjay Agarwal and his team exhibit an extraordinary depth of technical knowledge and unwavering adherence to ICAI standards. Their analytical rigor, timely reporting, and ability to navigate intricate accounting frameworks make them one of the most dependable and ethical CA firms in Mumbai.

AR

CA Ankit Rathi

Past Chairman – WIRC

Western India Regional Council of ICAI • Mumbai

Comprehensive Capabilities

Our 10 Core Practice Areas

Delivering full-spectrum financial, regulatory, and audit solutions backed by exhaustive analytical rigor and decades of partner leadership across 10 specialized practice areas.

Pillar A

Audit & Assurance

Comprehensive bank statutory, stock, and concurrent audits, alongside company statutory, internal, tax, forensic, and due diligence reviews.

Practice Highlights
Bank Audits - Statutory Branch Audits
Bank Audits - Stock & Asset Verification Audits
Bank Audits - Concurrent & Specialized Audits
+ 6 more specialized capabilities
View Practice Area
Pillar B

Consulting & Compliance

Working capital assessment, Form 15CB certifications, Virtual CFO services, insurance claim advisory, and ERP/SAP accounting support.

Practice Highlights
Finance & Working Capital Advisory
Regulatory & Statutory Compliance Management
Certification Services & Form 15CB
+ 4 more specialized capabilities
View Practice Area
Pillar C

NRI & International Services

Foreign remittance advisory, international tax compliance, NRI income tax return filing, Form 15CA/15CB, and cross-border documentation.

Practice Highlights
Advisory on Foreign Remittances
International Tax & Regulatory Compliance
Income Tax Return Filing for NRIs
+ 2 more specialized capabilities
View Practice Area
Pillar D

Capital Markets & Listed Company Services

Restatement of accounts, Ind AS implementation, IPO advisory for Main Board & SME platforms, merchant banker coordination, and private placement.

Practice Highlights
Reinstatement / Regularization of Financial Accounts
Ind AS Implementation for Listed & Unlisted Entities
IPO Advisory – Main Board & SME Platforms
+ 3 more specialized capabilities
View Practice Area
Pillar E

Insolvency & Restructuring Advisory

PUFE transaction audits under IBC, forensic transaction reviews, insolvency consultancy, and financial support during resolution proceedings.

Practice Highlights
PUFE Transaction Audits under IBC
Transaction & Forensic Review
Insolvency-related Consultancy
+ 2 more specialized capabilities
View Practice Area
Pillar F

ROC & Corporate Compliance

Secretarial audits, company/LLP incorporation, annual and event-based ROC filings, statutory registers, and corporate restructuring.

Practice Highlights
Secretarial Audit & Compliance Reviews
Company & LLP Incorporation
Statutory ROC Filings (Annual & Event-Based)
+ 3 more specialized capabilities
View Practice Area
Pillar G

Banking & Finance Advisory

Working capital assessment, term loan advisory, MSME loans, mortgage/LAP advisory, housing loans, and banking documentation.

Practice Highlights
Working Capital Assessment & Fund Arrangement
Term Loan Advisory
MSME Loan Assistance
+ 3 more specialized capabilities
View Practice Area
Pillar H

Trust & Society Services

Trust/Society registration under Maharashtra laws, Mumbai Public Trust compliance, 12A/80G tax exemptions, trust audits, and returns.

Practice Highlights
Trust & Society Registration
Registration under Maharashtra Laws & Mumbai Public Trust
Income Tax Registration under Sections 12A/12AB & 80G
+ 3 more specialized capabilities
View Practice Area
Pillar I

MIS & Management Reporting

Debtors & creditors MIS, sales/purchase analytics, monthly/quarterly financials, ratio analysis, cash flow models, and executive dashboards.

Practice Highlights
Debtors & Creditors MIS
Sales & Purchase Reports
Monthly & Quarterly Financial Statements
+ 3 more specialized capabilities
View Practice Area
Pillar J

Bookkeeping, Taxation & Accounting

Bookkeeping, Schedule III financial statements, Income Tax, GST, TDS, book-return reconciliations, and tax litigation support.

Practice Highlights
Bookkeeping & Accounting Services
Preparation of Financial Statements
Income Tax Return (ITR) Filing
+ 5 more specialized capabilities
View Practice Area
Explore All 10 Practice Areas & 50+ Capabilities
Sector Specializations

Industries We Serve

Tailored auditing, statutory compliance, and financial frameworks designed around the unique commercial realities of each industry sector.

Banking & Financial Services

Statutory and specialized bank audits, stock and asset verification, financial review, compliance and advisory services for banks and financial institutions.

Key Mandates
Statutory Bank Branch Audits
Stock & Book Debt Audits for Consortium Lenders
Revenue & Income Leakage Audits
Sector Overview

Manufacturing, Media, Entertainment & E-Learning

Audit, accounting, taxation, financial reporting, internal controls, MIS, compliance and business advisory services for manufacturing and creative service organizations.

Key Mandates
Statutory & Internal Audits
Physical Inventory, BOM & Raw Material Count Verifications
Production Cost Audits & Intellectual Property Royalty Reviews
Sector Overview

Cooperative Housing Societies

Audit, accounting, compliance and advisory services to cooperative housing societies registered under applicable Maharashtra Cooperative Societies laws.

Key Mandates
Statutory Society Audits
Member Maintenance Billing Verification & Defaulter Tracking
Sector Overview

Real Estate & Construction

Accounting, taxation, RERA-related advisory, project finance, financial reporting, compliance and business consulting for real estate and construction businesses.

Key Mandates
MahaRERA CA Certificates for Project Account Withdrawals (Form 3)
Annual RERA Audit Reports (Form 5)
Project Finance Structuring, CMA Data & Bank Loan Syndication
Sector Overview

Trusts, Societies & Non-Profit Organizations

Registration, accounting, audit, taxation and regulatory compliance assistance for charitable and non-profit organizations, including trusts and societies.

Key Mandates
Trust & Society Formation under Societies Act & Maharashtra Public Trust Act
Section 12A/12AB & 80G Tax Exemption Registrations & 5-Year Renewals
Statutory Trust Audits & E-filing of Form 10B / 10BB
Sector Overview

Hospitals & Healthcare Organizations

Accounting, audit, taxation, compliance, financial reporting, MIS and advisory services to hospitals, healthcare organizations and allied service providers.

Key Mandates
Statutory & Internal Audits for Hospitals & Healthcare Centres
Consultant Doctor Professional Fee TDS (194J) Withholding Management
Pharmacy & Surgical Consumable Inventory Control Audits
Sector Overview
View In-Depth Industry Matrices & Case Highlights
Our Value Proposition

Why Partner with ASGR and CO?

Delivering enduring value through client-first dedication, practical solutions, and unyielding professional integrity.

Quality

Delivering technically sound, accurate, and dependable professional services across every assignment.

Integrity

Maintaining the highest standards of professional ethics, strict confidentiality, and complete independence.

Timeliness

Respecting deadlines in business and regulatory compliance, ensuring delivery within agreed schedules.

Practical Advisory

Commercially relevant solutions aligned with the practical operational realities of your business.

Multidisciplinary

Integrated mastery across audit, direct/indirect tax, corporate law, secretarial, and DISA systems.

Long-Term Value

Cultivating enduring relationships as a trusted professional advisor rather than merely a service vendor.

Partner Led Governance

Meet Our Leadership

Every mandate at ASGR and CO is directly overseen by experienced partners with extensive backgrounds in audit, taxation, systems review, and insolvency.

Explore Complete Profiles
CA Sanjay Agarwal
FCA

CA Sanjay Agarwal

Partner

Actively associated with the Vasai Branch of ICAI and has served in its leadership

B. Com, FCA, CS Inter

Fellow Chartered Accountant (qualified Nov 2005) with 20 years of intensive professional practice and corporate experience, including CFO-level responsibilities in listed and manufacturing organizations. Holds prestigious ICAI diplomas in Forensic Accounting (FAFD), Insolvency, Ind AS, and Concurrent Bank Audit.

Fellow Chartered AccountantFCA
Direct Mobile:+91 93249 76856
CA Nitin Singrodia
FCA

CA Nitin Singrodia

Partner

Finance Controller & CFO across manufacturing & service conglomerates

B. Com, FCA

Fellow Chartered Accountant (qualified Nov 2003) with over 20 years of high-level practice and corporate experience as CFO, General Manager, and Finance Controller. Foremost specialist in Real Estate, RERA compliances, project finance, and building/construction advisory in Maharashtra.

Fellow Chartered AccountantFCA
Direct Mobile:+91 97693 32007
CA Ghanshyam Ravikant Sharma
ACA

CA Ghanshyam Ravikant Sharma

Partner

Held leadership position in the Bhayandar Chapter of ICSI

B.Com, ACA, CS, LLB, CMA

Multidisciplinary professional holding Chartered Accountancy (ACA), Company Secretaryship (CS), Law degree (LL.B.), and Cost & Management Accountancy (CMA) qualifications, certified in DISA 3.0 and AI Level-I by ICAI, with rich corporate law and systems audit expertise.

Chartered AccountantACA
Direct Mobile:+91 95942 95339
Audit Execution Strength

Supported by Best Trained Staffs & Postgraduate Audit Professionals

Our best-trained professionals possess extensive experience across Internal Audits, Statutory Audits, Bank Audits, ROC Compliances, and Due Diligence under partner guidance.

View Full Team
Real-Time Statutory Circulars

Latest Income Tax & Company Secretary Updates

Authoritative compliance breakdowns of latest CBDT direct tax circulars, MCA orders, Rule 9B demat mandates, and corporate governance directives decoded by our senior partners.

View All Notifications (45)
Corporate LawAction Required
Institute of Chartered Accountants of India (ICAI)

ICAI Peer Review Board Announcement / Guidelines for Practice Units 2025-26

ICAI Mandatory Peer Review Mandate (Phase IV) & Audit Quality Standards: Pre-requisite for Bank Branch Audits & Public Interest Assurance

The Institute of Chartered Accountants of India (ICAI), through the Peer Review Board, has enforced the Phase IV rollout of the Mandatory Peer Review Mandate. Holding a valid Peer Review Certificate is a strict statutory pre-requisite for all Practice Units undertaking statutory bank branch audits, public interest entity assurance, and multi-partner corporate attestations under SQC 1 standards.

Key Takeaways
Mandatory requirement: Practice Units must possess a valid Peer Review Certificate prior to accepting and signing statutory bank branch audits.
Phase IV coverage: Extends mandatory certification to all audit firms undertaking Public Sector Bank (PSB) branch audits regardless of partner count.
April 20, 20257 min read
Govt SourceAnalysis
Income TaxAction Required
Central Board of Direct Taxes (CBDT)

Finance Act 2026 (Chapter IV) / CBDT FAST-DS Operational Guidelines

CBDT FAST-DS Scheme 2026: Foreign Assets of Small Taxpayers Disclosure Scheme, Schedule FA Regularization & Black Money Act Immunity

The Central Board of Direct Taxes (CBDT) has operationalized the FAST-DS (Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026) under the Finance Act. The scheme provides a historic, one-time window for individual taxpayers—including IT employees with foreign ESOPs/RSUs, returning NRIs, and freelancers—to regularize past Schedule FA reporting omissions and secure immunity from Black Money Act penalties and prosecution.

Key Takeaways
Targeted relief for salaried tech professionals with foreign RSUs/ESOPs, returning NRIs, and small overseas investors.
Enables regularization of past omissions in Schedule FA (Foreign Assets) of the Income Tax Return without penal scrutiny.
April 12, 20256 min read
Govt SourceAnalysis
Income TaxAction Required
Ministry of Finance & Central Board of Direct Taxes (CBDT)

Income Tax Act, 2025 / Comprehensive Direct Tax Code Review

The New Income Tax Act, 2025: Landmark Replacement of 1961 Act, 536 Streamlined Sections & Key Direct Tax Reforms

Parliament has enacted the historic Income Tax Act, 2025, completely replacing the six-decade-old Income-tax Act, 1961. The streamlined legislation reduces sections from over 700 to 536, purges over 2,100 obsolete provisos and explanations, unifies 'Previous Year' and 'Assessment Year' into a single 'Tax Year', and introduces the simplified Income-tax Rules, 2026.

Key Takeaways
Complete repeal and replacement of the 64-year-old Income-tax Act, 1961 with a concise, logically sequenced 536-section code.
Abolition of the confusing 'Previous Year' vs 'Assessment Year' dichotomy in favor of a single unified 'Tax Year'.
April 05, 20257 min read
Govt SourceAnalysis
Chartered Accountancy Excellence Since 2018

Let's discuss how we can help your business.

Whether you require a statutory audit, complex direct tax defense, or strategic financial leadership, our experienced partners in Mumbai are here to guide your growth.

Schedule ConsultationCall +91 93249 76856
Get In Touch

Let's Discuss Your Financial & Compliance Priorities

Whether you need assistance with an upcoming statutory audit deadline, bank loan credit inspection, GST mismatch dispute, or strategic virtual CFO advice, our partners are accessible and responsive.

Head Office:

A-47, Sanghavi Nagar, Mira Bhayander Road, Mira Road East, Thane – 401107

Landmark: Near Kashigaon Metro Station

Direct Telephone / Mobile:
CA Sanjay Agarwal: +91 93249 76856
CA Ghanshyam Sharma: +91 97693 32007
Official E-Mail:caasgrco@gmail.com

Connect with Our Partners

Fill out the form below or contact our Mumbai offices directly at +91 93249 76856.

🔒 Confirmed strict non-disclosure & professional confidentiality under ICAI Code of Ethics.