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
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.
Founder & Principal Partner
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.
10+ dedicated members, including senior auditors, retired senior bank officers, and active articled clerks.
Fully integrated ERP (Tally Prime, Tally ERP 9) and recommended tax planning tools (KDK Tax Suite).
Guiding our strategic decisions and defining our relationship parameters as your trusted business growth partner.
"To be a trusted, technology-driven and client-centric Chartered Accountancy firm delivering comprehensive business solutions with excellence, integrity and innovation."
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:
We strive to be the go-to growth partner for every client.
Successfully completed the Concurrent Audit of Bank of Maharashtra (Head Office), Shivajinagar-Pune for the financial year 2023-24.
Statutory audits, Revenue audits, and Inspection audits conducted across multiple prominent branches (Yerwada, Sarole, NBO, Pune, Kalyan, Dombivali, Khadaki, Malad, Goregaon, Tardeo).
Extensive stock and concurrent auditing experience for **Abhyudaya Co-op Bank** and **Shamrao Vitthal Co-Operative Bank Ltd** (comprehensive portfolio review).
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"
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"
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"
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"
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
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.
Delivering highly structured compliance and elite risk mitigation strategies across core financial domains in India.
Tax advisory for companies & individuals, representation before the department in search/survey instances, Transfer Pricing studies, and Double Tax Avoidance Agreement (DTAA) optimizations.
Comprehensive GST compliance filings, multi-state tax optimization, transactional structuring, dynamic GST health checks, and representation against assessments.
Thorough audits of corporate accounts under Companies Act and Income Tax Act (Form 3CD). Reliable internal audit services designed to fortify administrative controls.
Consultation on foreign direct investment, repatriations, filing of specialized returns, issue of certificates like Form 15CA & 15CB, and NRO/NRE property transition advice.
Company incorporation (Private Limited, LLP), registration of MSMEs, drafting shareholder agreements, startup tax exemption processing (Sec 56(2)(viib)), and RERA compliance.
Regular ROC filings, maintenance of corporate registers, legal representations before NCLT, corporate reorganization advisories, and strategic business winding-up assistance.
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**.
Specialized financial restructuring and revitalization advisory for **sick industrial units**. Debt realignment strategies, One-Time Settlement (OTS) structuring, and representation before lenders.
Explore the current statutory Indian tax structures, official rates, and guidelines relevant for Financial Year 2026-27 (Assessment Year 2027-28).
Standard Regime with enhanced deductions & lower slab rates
| Income Range (INR) | Tax Rate (%) | Critical Incentives |
|---|---|---|
| Up to ₹3,00,000 | Nil |
|
| ₹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% |
Calculate and compare your liability for FY 2026-27 (AY 2027-28) instantaneously.
Total Tax Payable:
₹0
Standard Ded: ₹75,000
Taxable Income: ₹0
Total Tax Payable:
₹0
Standard Ded: ₹50,000
Taxable Income: ₹0
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).
Book an absolute premier advisory consultation session with our highly skilled partners. Visit one of our corporate locations or request a call back.
Flat No 2, Shubhlaxmi Apt, S.No 73+76, Kasture Chowk, Near Vithal Mandir, Raviwar Peth, Pune 411002
Office F-432, 4th Floor, City Center, Near Idgah Circle, Shahi Baugh, Ahmedabad 380 004
Scan to instantly navigate directly to our Pune Head Office near Vithal Mandir.
Inquiry Submitted Successfully!
Our executive will reach out within 2 business hours on your contact number.