Since 1990 | 36 Years Legacy
ICAI Registered Firm | FRN: 128870W

Decades of Financial Trust, Engineered for Excellence.

Welcome to L M SUNDESHA AND ASSOCIATES, CHARTERED ACCOUNTANTS. Originally established in April 1990, we serve as elite regulatory, tax, audit, and strategic financial advisors to major commercial enterprises and banking institutions across India.

36

Years of Practice

1050

Sq.Ft HQ Area

10+

Team Size

783K

RBI UCN Code

Firm Registrations

ICAI Firm Reg. No: 128870W
RBI Unique Code No: 783704
GSTIN: 27AAIFL2381B1ZJ
Firm PAN: AAIFL2381B

Notable Empanelment

Successfully completed Concurrent Audit for Bank of Maharashtra (Head Office), Shivajinagar-Pune for the period 2023-24.

"36 Years of Financial Rigor."

L M Sundesha & Co. commenced on 9-4-1990 as a proprietorship by Mr. Laxman M. Sundesha. After completing 29 successful years of prestigious practice, the legacy was converted into a partnership named L M SUNDESHA AND ASSOCIATES on 10-4-2019, transitioning all clients and core systems to expand institutional support.

LMS

Mr. Laxman M. Sundesha

Founder & Principal Partner

Corporate Profile & Infrastructure

Robust Infrastructure, Highly Capable Resource Base

Operating from a spacious 1050 sq. ft fully-equipped, modern head office in the commercial heart of Pune city, L M SUNDESHA AND ASSOCIATES is powered by dynamic computing networks, advanced tax automation suits (Tally Prime, KDK Tax Suite), and a highly disciplined workspace.

Elite Task Force

10+ dedicated members, including senior auditors, retired senior bank officers, and active articled clerks.

Authorized Software Suite

Fully integrated ERP (Tally Prime, Tally ERP 9) and recommended tax planning tools (KDK Tax Suite).

Our Philosophy

Vision, Mission & Core Values

Guiding our strategic decisions and defining our relationship parameters as your trusted business growth partner.

Our Vision

"To be a trusted, technology-driven and client-centric Chartered Accountancy firm delivering comprehensive business solutions with excellence, integrity and innovation."

Our Mission

At L.M. Sundesha & Associates, our mission is to create sustainable value for our clients by offering expert financial, taxation and business advisory services through:

  • Professional competence & ethical integrity
  • Innovative and practical business solutions
  • Dedicated personal attention & trust-based relationships
  • Continuous adoption of emerging technologies
  • A culture of teamwork, accountability and excellence

We strive to be the go-to growth partner for every client.

Our Core Values

Integrity & Ethics

Client Success First

Professional Excellence

Confidentiality

Accountability

Innovation & Learning

Teamwork & Respect

Institutional Auditing Track Record

Banking & Concurrent Audit Empanelment

RBI Unique Code No: 783704

Bank of Maharashtra

Successfully completed the Concurrent Audit of Bank of Maharashtra (Head Office), Shivajinagar-Pune for the financial year 2023-24.

Central Bank of India

Statutory audits, Revenue audits, and Inspection audits conducted across multiple prominent branches (Yerwada, Sarole, NBO, Pune, Kalyan, Dombivali, Khadaki, Malad, Goregaon, Tardeo).

Co-operative & Allied Banks

Extensive stock and concurrent auditing experience for **Abhyudaya Co-op Bank** and **Shamrao Vitthal Co-Operative Bank Ltd** (comprehensive portfolio review).

Executive Leadership

Meet Our Partners & Executive Leadership

Our firm’s leadership blends massive direct tax litigation wisdom with cutting-edge corporate laws, international taxation schemes, and global regulatory compliances.

"36 Years of Financial Audit, Tax & Portfolio Advisory"

FCA | Founder & Principal Partner

CA Laxman M. Sundesha

B.Com, FCA, D.I.S.A. (ICAI)

EPBM - IIM Calcutta (2007)

With 36 years of professional post-qualification experience, Laxman specializes in statutory audits, search & surveys representation, portfolio management (overseeing Rs. 250L accounts), and structural financial optimization.

• Membership No: 044299

• Articleship: Bajaj Tempo & Kinetic Eng.

• Certification: Concurrent Audit of Banks (ICAI)

"Direct Scrutiny, SFT Filings & GST Audits Specialist"

FCA | Audit Lead

CA Sarika Sundesha

B.Com, FCA, D.I.S.A. (ICAI)

Partner - Tax Assessment & SFT

Over 6 years of experience managing complex income tax scrutiny, drafting assessment representations, SFT filings, Sales Tax assessments, and robust concurrent bank auditing.

• Membership No: 176601

• Expertise: Tally Prime & KDK Tax Suite

• Auditing: VAT & GST Audits, CIT Appeals

"FEMA, RERA, Corporate Auditing & Legal Advisory"

ACA | Concurrent Auditor

CA Deepika Ramesh Mali

B.Com, ACA, Concurrent Audit Cert.

Partner - Corporate Compliance

With 6 years of experience, Deepika coordinates FEMA, RERA setup, and global business licensing. Specialized in cross-border capital flow certifications, FEMA Form 15CA/15CB processing, and bank systems audit.

• Membership No: 608842

• Certification: ICAI Concurrent Bank Audit

• Focus Areas: TDS Filing & VAT refunds

"Direct & Indirect Compliance Litigation Expert"

Executive Director

Nilesh Sundesha

B.Com, MBA, CPA (US)

ED - Litigations & Compliance

With over 4 years of dedicated experience, Nilesh meticulously oversees daily regulatory compliances and high-stake litigations in both direct and indirect taxation. His dual training in corporate management and international accounting brings superior structural stability to complex client representation.

• Qualification: CPA (United States)

• Litigation: Direct & Indirect Taxation

• Experience: 9 Years Post Qualification

Professional Staff Resource

Comprehensive Team Strength

Our dynamic auditing, accounting, and litigation execution is fully backed by skilled accounting professionals, semi-qualified CA assistants, experienced retired bank officers, and dedicated articled assistants. This robust force ensures unparalleled precision, secure compliance, and absolute administrative peace of mind for our clients.

Exquisite Portfolio of Advisory

End-to-End Professional Services

Delivering highly structured compliance and elite risk mitigation strategies across core financial domains in India.

Direct Taxation & Litigations

Tax advisory for companies & individuals, representation before the department in search/survey instances, Transfer Pricing studies, and Double Tax Avoidance Agreement (DTAA) optimizations.

Goods & Service Tax (GST)

Comprehensive GST compliance filings, multi-state tax optimization, transactional structuring, dynamic GST health checks, and representation against assessments.

Statutory & Tax Audit

Thorough audits of corporate accounts under Companies Act and Income Tax Act (Form 3CD). Reliable internal audit services designed to fortify administrative controls.

NRI Taxation & FEMA

Consultation on foreign direct investment, repatriations, filing of specialized returns, issue of certificates like Form 15CA & 15CB, and NRO/NRE property transition advice.

Start-up & Company Setup

Company incorporation (Private Limited, LLP), registration of MSMEs, drafting shareholder agreements, startup tax exemption processing (Sec 56(2)(viib)), and RERA compliance.

Corporate Law Compliance

Regular ROC filings, maintenance of corporate registers, legal representations before NCLT, corporate reorganization advisories, and strategic business winding-up assistance.

Project Finance & Debt Syndication

Comprehensive project reports, CMA data formulation, term loan assistance, capital structuring, and working capital limits (CC/OD) designed for **SME, MSME, alongside Small, Medium, and Large-scale industries**.

Industrial Turnaround & Restructuring

Specialized financial restructuring and revitalization advisory for **sick industrial units**. Debt realignment strategies, One-Time Settlement (OTS) structuring, and representation before lenders.

Knowledge Hub

Indian Taxation Hub

Explore the current statutory Indian tax structures, official rates, and guidelines relevant for Financial Year 2026-27 (Assessment Year 2027-28).

New Tax Regime Slabs

Standard Regime with enhanced deductions & lower slab rates

Default Regime
Income Range (INR) Tax Rate (%) Critical Incentives
Up to ₹3,00,000 Nil
  • Standard Deduction: Raised to ₹75,000 for Salaried Persons.
  • Section 87A Rebate: Full tax rebate for net taxable income up to ₹7,00,000.
  • Sur-charge: Maximum surcharge capped at 25% for high-net-worth brackets.
  • No 80C, 80D, HRA exemptions eligible.
₹3,00,001 to ₹7,00,000 5%
₹7,00,001 to ₹10,00,000 10%
₹10,00,001 to ₹12,00,000 15%
₹12,00,001 to ₹15,00,000 20%
Above ₹15,00,000 30%
Real-time Financial Assessment Tool

New vs Old Tax Regime Calculator

Calculate and compare your liability for FY 2026-27 (AY 2027-28) instantaneously.

Income & Deductions Details

Deductions (For Old Regime Only)

Regime Comparison Results Tax Estimation

Default

New Tax Regime

Total Tax Payable:

₹0

Standard Ded: ₹75,000

Taxable Income: ₹0

Old Tax Regime

Total Tax Payable:

₹0

Standard Ded: ₹50,000

Taxable Income: ₹0

Advisory Recommendation

Our comparison engine suggests electing the New Tax Regime, saving you tax amount.

* 4% Health & Education Cess is automatically computed and included in total figures above.

* Section 87A rebate rules applied (New Regime: Zero tax up to ₹7L net taxable; Old Regime: Zero tax up to ₹5L net taxable).

Direct Office Lines

Get Professional Advice

Book an absolute premier advisory consultation session with our highly skilled partners. Visit one of our corporate locations or request a call back.

Corporate Head Office (Pune)

Flat No 2, Shubhlaxmi Apt, S.No 73+76, Kasture Chowk, Near Vithal Mandir, Raviwar Peth, Pune 411002

Branch Office (Ahmedabad)

Office F-432, 4th Floor, City Center, Near Idgah Circle, Shahi Baugh, Ahmedabad 380 004

L M Sundesha Office QR Code Location

Scan Pune Location QR

Scan to instantly navigate directly to our Pune Head Office near Vithal Mandir.

Callback & Schedule Form