Blog | PK Chopra & Co. – Blogs

August 20, 2025 / Auditing

Transfer Pricing Audit Services in India: Ensuring Compliance & Minimizing Risks

Globalization has enabled businesses to expand beyond borders, creating opportunities but also introducing complex tax challenges. One such challenge is transfer pricing—the pricing of goods, services, and intangibles between associated enterprises across international borders. In India, transfer pricing regulations are stringent, and businesses must ensure compliance to avoid heavy penalties. This is where transfer pricing …

July 28, 2025 / Auditing

What is an Internal Audit and Why is it Crucial for Indian Businesses

Internal audit is like a regular health check-up for your business. It’s an independent and objective process designed to evaluate your company’s operations, identify risks, assess internal controls, and ensure compliance with legal and regulatory frameworks. Why Indian Businesses Need Internal Audits Today In India’s rapidly evolving regulatory and business environment, internal audits are no …

July 17, 2025 / Auditing

What is a Stock Audit and Why is it Essential for Businesses in India?

Managing inventory is like handling the lifeline of any business. If you don’t know what you have in stock, you could either overspend or lose revenue opportunities. That’s where a stock audit comes into play — a crucial process for businesses across India. A well-executed stock audit in India ensures transparency, control, and efficiency in …

June 30, 2025 / Auditing

Why Every Business in Delhi Needs an Internal Audit

Delhi, the vibrant heart of India’s economy, is home to countless businesses ranging from ambitious startups to established industry giants. In such a fast-paced and highly regulated environment, every business—no matter its size or sector—faces unique challenges, including compliance risks, fraud vulnerabilities, and operational inefficiencies. An internal audit is not just an optional practice; it …

June 16, 2025 / Auditing

Top Mistakes to Avoid During an Income Tax Audit in Delhi and India

Facing an Income Tax Audit in Delhi and India can be stressful if you are not fully prepared. Many businesses make avoidable mistakes that lead to penalties, unnecessary scrutiny, or even legal trouble. This blog will walk you through the top mistakes to avoid and how you can confidently navigate your next tax audit. What …

May 29, 2025 / Auditing

How to Prepare for an Income Tax Audit in Delhi: A Complete Checklist

Delhi, the capital city of India, is not only home to countless startups and MNCs, but also a major hotspot for tax scrutiny. If you’re running a business, practicing as a professional, or earning significant income, the Income Tax Department might choose to audit you. But don’t panic—preparation is your best defense. Let’s walk you …

May 15, 2025 / Due Diligency

Top Reasons You Need Professional Due Diligence Services in India

In today’s fast-paced and increasingly complex business world, due diligence has become a cornerstone for making informed decisions. Especially in a diverse and rapidly evolving market like India, conducting thorough due diligence is essential for any business transaction, whether you are investing in a startup, merging with another company, or entering a real estate deal. …

April 29, 2025 / Auditing

What is an Income Tax Audit and Why is it Important for Businesses?

When it comes to running a successful business in Delhi, staying on top of finances, regulations, and taxes is essential. One important aspect that many business owners might overlook is the Income Tax Audit. But what exactly is an Income Tax Audit, and why should businesses in Delhi pay attention to it? In this blog, …

April 17, 2025 / Due Diligency

What is Due Diligence and Why is it Crucial for Businesses in India?

In today’s fast-paced and competitive business environment, understanding the intricacies of mergers, acquisitions, investments, and partnerships is vital for making informed decisions. One of the most essential processes that help businesses navigate these complex transactions is due diligence. Whether you’re a startup, an established company, or a multinational corporation, due diligence plays a critical role …

March 29, 2025 / Taxation

Income Tax Notices: What They Mean & How to Handle Them

Receiving an income tax notice can be unsettling, especially for those unfamiliar with tax laws and procedures. However, understanding the significance of such notices and knowing how to respond can alleviate concerns and help avoid potential legal or financial complications. This article aims to demystify income tax notices, explore common reasons for their issuance, and …