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Parshotam & Associates (Chartered Accountants) was set up in 1980 by CA Parshotam Bansal with aim to deliver a high level of client service and satisfaction with our expert technical abilities combined with creativity and responsiveness.

The Firm has the unique combination of professionals wherein it combines in it the experience and the knowledge of the profession and the practical problems that industry and business face today. Some of the partners have worked with the industrial enterprises before they came over. Each of the partner has a specialized area of expertise and function. This provides added advantage to our clients and helps them in their business strategy and solutions. The Firm has s long standing reputation for skill and excellence which has helped us to forge ahead in the profession with dedication, integrity and ethical values.

Our area of service includes both, Traditional services as well as New Age IT enabled services of a Chartered Accountants firm. We offer a wide array of services which include:

  • Audit & attestation
  • Management Consultancy
  • Regulatory Services
  • Taxation
  • Banking & Financial Services
  • Outsourcing
  • Risk Assurance Services
  • FEMA Advisory
  • Insolvency & Bankruptcy
  • GST
  • Valuations

The firm operates through an office in Ludhiana (Punjab) and branch offices at Bathinda, Jalandhar, Chandigarh, Mumbai & Gurugram with overseas presence in Canada & Australia with a motto to maintain ethical, professional & technical standards as well as operating, training & quality control procedures. In order to assure that we meet our commitment to reliable and quality service, we have proprietary procedures with respect to the quality of our work. These procedures are designed to provide reasonable assurance that, in performing services, our personnel will be competent, objective, and will exercise due professional care.

The firm represents a combination of specialized skills, which are geared to offer sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with industry and other professional which enables the firm to keep pace with contemporary developments and to meet the needs of its clients.

Our team has successfully undertaken various professional jobs for all segments of business arena including individuals; mid & large size entities, corporates, Govt. Boards & corporations, Banks, NGO's, Charitable organizations etc. The affairs of each client are under direct supervision of one of the partners and a fully qualified Executive Manager.

We have been rendering services to various segments of the industry for the past 10 years, mainly including:

  • Automobile
  • Banking and financial services
  • Charitable Institutes & NGOs
  • Construction
  • Education and welfare
  • FMCG Manufactures
  • Food Processing
  • Hospital
  • Iron & Steel
  • Pharmaceuticals
  • Retail Sector
  • Traders & Distributors
  • Travel & Tourism


Empanelled with CAG, RBI, NABARD, Income tax Department, Public and Private sector banks, Foreign banks and Regulatory Authorities including Income tax Department, BSC Department, Indian Banks Association, Central Bureau of Investigation, Regional Rural Banks, District Central Cooperative Banks, Punjab Investment & Promotion Council, leading companies in Northern Region.

Security policy

We understand your concern about the risks of outsourcing bookkeeping & accounting services to India and thus maintain high standards of confidentiality and security with the help of appropriate procedures in place to prevent any unauthorized release of confidential client information. We adhere to the firm's stringent security policy & procedures.


  • Centralized computers with a dedicated server with latest configurations.
  • 24 hours power backup with UPS.
  • A secured network ensuring confidentiality of data.
  • Our offices are located in the major cities across the region, at easily approachable places having sufficient floor space and are equipped with all state of the art technological facilities.
  • We are ably connected by telephones, fax and e-mail (broadband) facilities to ensure hassle free communication & timeliness of services.
  • A large setup of computers with wireless networking, for prompt movement of data and swift execution of work, forms the backbone of our organization.
  • Our knowledge bank consists of well stocked libraries of Books as well as electronic media (CD's) on all relevant subjects, for in-depth research and continuous updation of knowledge.
  • We have a dedicated set up of computers & computer professionals to provide BPO/KPO services.
  • Video Conferencing is one of our service to facilitate clients.