Income Tax
Preparation and filing of returns, tax audit under section 44AB, advance tax, advisory, and representation before the income-tax authorities.
ReturnsTax AuditAssessmentsAdvisory
Chartered Accountants · Rourkela, Odisha
Jai Prakash & Co. is a firm of Chartered Accountants providing audit and assurance, direct and indirect taxation, and company law services to businesses and individuals.
The Firm
Jai Prakash & Co. is a firm of Chartered Accountants based in Rourkela, Odisha, in practice since 2005. The firm renders professional services in the fields of accountancy, audit and assurance, taxation, and corporate law to private limited companies, limited liability partnerships, firms and individuals.
Our work is carried out in accordance with the Standards on Auditing, applicable Accounting Standards, and the provisions of the Income-tax Act, 1961, the Goods and Services Tax laws, and the Companies Act, 2013, read with the rules made thereunder.
The firm places emphasis on timely compliance, clear communication, and the maintenance of strict confidentiality in respect of every engagement entrusted to it.
Areas of Practice
The following are the areas in which the firm undertakes professional engagements.
Preparation and filing of returns, tax audit under section 44AB, advance tax, advisory, and representation before the income-tax authorities.
Registration, periodic returns, annual return and reconciliation statement (GSTR-9 / 9C), input tax credit review, and departmental representation.
Statutory audit, internal audit, tax audit and bank audit, including LFAR and reporting under the Companies (Auditor's Report) Order (CARO).
Incorporation of companies and LLPs, annual filings (AOC-4, MGT-7), event-based MCA compliances, and maintenance of statutory records.
Preparation of project reports, CMA data, and credit appraisal documentation, including techno-economic viability (TEV) studies for lending proposals.
Business valuation, due diligence, financial modelling, start-up advisory, book-keeping, and preparation of financial statements.
Returns & Filings
The firm undertakes the preparation and timely filing of periodic and annual returns across direct tax, GST, TDS, corporate law and labour laws. The principal returns and statements handled are set out below.
Preparation and e-filing of income-tax returns and related statements for every class of assessee.
Monthly, quarterly and annual GST returns, with reconciliation against the books of account.
Quarterly tax-deduction and collection statements, and the issue of TDS / TCS certificates.
Annual and event-based filings for companies and LLPs with the Registrar of Companies.
Periodic returns under labour and State laws, as applicable to the client.
Our People
Engagements are conducted under the responsibility of the firm's partners.
Founder Partner
Partner
Partner
Partner
Must Read
A few pieces worth your time — on tax, business and finance, written for general reading.
Direct Tax · 4 min
A 65-year-old law has stepped aside. What the new Income-tax Act, 2025 changes — and what it deliberately leaves alone. Read →
Business · 4 min
The least glamorous habit in business is also the one that compounds the hardest. Read →
Project Finance · 5 min
A loan proposal is a story about repayment — and lenders read for the plot. Read →
Free Tools
Free utilities for tax and compliance. More are added over time; all results are indicative.
At-a-glance transition guide to the new Act effective 1 April 2026.
Open guide →Tax for AY 2026-27 under both regimes, with surcharge and capital-gains rates.
Open calculator →The TDS reckoner, advance-tax planner, ready-reckoners and more, in one place.
Browse all →Contact
Office
1st Floor, S-26, Civil Township,
Rourkela, Odisha
Telephone
Please note
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