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About Us

Profile

D.V. Mittal & Co. or DVM is a progressive and a leading firm of chartered accountants having completed over three decades helping redefining and shaping the businesses.

Late Sh. D.V. Mittal, the founder, was a great visionary who always held clients’ interests as supreme. We at DVM, are committed to the guiding principles’ established by our founder, which include high standards for service, accessibility, seamless interdisciplinary functions and integrity.

The firm has continuously thrived successfully through the entire spectrum of services offered by it .

With hands-on and proactive approach, the firm’s philosophy of working closely with the clients has always borne fruits. Today we have reason to feel content and satisfied with the success stories of our clients. We do not mind the sweat on our foreheads on seeing smile on the faces of our clients. For us, they are our mentors as well as source of inspiration. We consider as if it is our responsibility of grooming them into successful businesses and make them realize their bigger dreams!

We benefit from diverse and rich composition of our clients. The firm has, over the years, earned distinctive reputation in the areas of Internal Audit, Innovative Tax Planning, Business Setting up in India, Turnkey Solution Provider and Financing advisory.

The firm is continually growing and use technology and resources to provide the best services to its clients.

VISION

Partnering with our clients, we strongly believe in and follow the ‘Problem-Solving approach’ by allaying their apprehensions and fears assuming their problems and challenges as our own and offering them the right and practical solutions. Driven by an incessant pursuit of excellence, our aim is to help entrepreneurs and companies meet their challenges within the set statutory & regulatory framework by delivering them globally consistent set of skills developed on the basis of deep understanding into the requirements of particular industry/business.

We have set our eyes on an infinite horizon with an aim to synthesize knowledge into value for the benefit of our clients, our people and the community at large. We are the catalysts that convert client ambition into achievable goals. We believe it is our responsibility to help you at all levels, especially in developing and growing your business. Our aim is to anticipate your needs and to help you make informed decisions on matters that could impact the strategy and success of your business.

Lalit Mittal

FCA, B.Com The senior-most partner and a seasoned professional. Associated with the firm since beginning of his professional career. Understands business like back of his hand which helps connect with his clients and their requirements with absolute ease. Focusing on exploring opportunities for them, he is always eager to help the clients grow and going all out, professionally or personally, to make their dreams come true through customized and innovative solutions. For him, the clients are his extended family only and nothing less.

Apart from being a thorough professional in the core areas of audit and taxation etc., he possesses an unparalleled and proven expertise in project financing, equity funding and other financial advisory services. He has developed the right contacts and a decent goodwill for the firm in this highly specialized line of activity. His practical hands-on business exposure enables the firm to be more effective in providing business centric client solutions.

A great source of inspiration and guidance to young professionals at DVM for whom Lalit is a role

Rohit Singhal

FCA, B.Com. A bright young professional heading towards a distinguished recognition in the area of tax and international taxation. Has been ably contributing to the tax practice of the firm. An expert in international taxation matters, is providing all advisory services in matters connected with setting up business abroad or foreign entities setting up operations in India, and all allied issues.

Mohit Mittal

ACA, B.Com. A young professional looking after Audit and Indirect Taxation practice of the firm. He Looks after the entire range of practice relating to Audit planning and execution, due, diligence, consulting and advisory services.

He also looks after the Service Tax consultancy, an area which has been growing at a phenomenally rapid speed.

Pooja Mittal

ACA, B.Com. expertise in the field of Auditing, Accounting & Taxation including tax-planning and advisory services for NRI clients. She has extensively worked in Indirect Tax Laws including VAT, Service Tax etc.

 

 

 

 

 

 

 

 

Differentiators

Excelling for over 3 Decades

DVM, as a firm has its roots right back from 1981 and has continued to serve its clients to their utmost satisfaction. We’ve had a hand in countless industries, and our solutions consistently slot in cutting-edge in our client’s business. We bring in rich diversified experience across industries that enables us to harness the best ideas, practices and solutions for the benefit of our clients.

Your Mission is our Mission

Our drive to help clients accomplish more, has made us stand out in our profession. The question we never stop asking is “What’s most important to you?”, the answer might be improving efficiency, reducing costs or making it easier for the stakeholders to access the services they need. Whatever the vision of progress, if your organization can imagine it, We at DVM stand ready to help you make it happen.

Consistently Inventive

Innovation is one of the most important ingredient of our Service content. The solutions we design are as varied as the challenges our clients seek to address. Regardless of the specific service offerings, we continually take steps to invent and tailor every element of our solutions to meet the unique requirement of the organization we serve.

Determined to Deliver

DVM keeps and preaches Customer Satisfaction as its ultimate destination. We are here to serve you and provide you with the best outcome you can expect in the most timely and efficient manner. To Support this we have kept the response time to all your queries as down as 24 hours and come across with optimum solution within the next 48 hours

Services

We offer a complete range of audit, taxation, planning, business advisory services and financial accounting services.

Auditing & Assurance

Reporting to our clients on financial information in an effective and accurate manner is a commitment that we feel cannot be compromised with. We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency.

Audit and Accounting services from DVM can help you get a handle on where your business has been, where it is today, and where it is going. We offer a variety of services, based on your needs that can give you confidence in "the numbers" of your business.

Services include-

  • Statutory audit
  • Internal audit & management audit
  • Stock audit
  • Due diligence
  • Special audit

Internal & Management Audits

Contemporary internal audit is not restricted only to financial aspects of an entity, but penetrates deep into the operations as well. The internal audit profession too has witnessed a sea-change from the traditional type compliance or transaction audit to a much more dynamic ‘Risk-based Audit’, ‘Controls Assessments’, ‘Controls Rationalisation’ so on and so forth. Internal audit is a valuable tool and an indispensable resource to executive management and the Board of Directors in accomplishing overall goals and objectives while simultaneously strengthening internal control and overall governance.

The obvious benefits and value addition flowing out of an internal audit process definitely outweigh that costs associated and as such utility of this activity cannot be over-emphasised.

The firm specializes in the conduct of comprehensive & constructive process-based appraisals that not only provide controls assurance but also help re-engineer the internal systems & processes for optimal business results.

These services cover an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps DVM’s clients accomplish their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the risk management, control and governance processes prevalent in their organisation.

Business and management audit services are aimed at conducting strategic and frontline audits to analyse performance across the product and process groups in the organisation. The results of these audits will serve as the groundwork for designing appropriate restructuring programmes. The spectrum of DVM services in this area is diverse, suiting each company and every industry, broadly covering areas like Operations Appraisals, Cost Reduction and Control Programmes, Financial Management Audits, Working Capital Studies, Compliance Audits, Manufacturing Control Systems Reviews, Organisation & Manpower Studies etc.

As tax advisers, we work closely with you to ensure that you pay the least amount of tax within the law. Our aim is to minimize your tax bill and to maximize your tax reliefs and allowances. An integrated service is therefore the best way of ensuring that tax implications are fully considered before any financial steps are taken.

We will help you to understand the tax aspects of your actions so that you can plan ahead and run your business in a tax efficient way. Our tax department is staffed with experienced tax experts who provide effective planning and solutions to complicated domestic and international tax issues.

Tax Compliance

Providing peace of mind that your tax affairs are being dealt with correctly and in a timely manner

  • Corporate Tax Returns
  • Personal Tax Returns
  • Wealth Tax Returns
  • Certifications under tax laws
  • Tax Audit

In addition, whilst completing your return, we will also review your position to identify any tax planning opportunities.

Assessments & Appeals

The firm has excellent in-depth expertise in assessments and representation before appellate authorities howsoever complex or ticklish the issues might be. No surprise, our clients of decades hold us in highest regards when it comes to the issue of handling their tax affairs.

Survey, Search & Seizure

Mere mention of these provisions of income tax law often make the entrepreneur lose their sleep. Not when if you happen to be our client. Our advisory services with a clear focus on efficient tax structuring and planning beginning right from the stage of formation and carried through year after year, crisp compliances and regular update on these matters make you much more confident to handle any such situation with ease. Our technical knowledge synergized by our practical experience ensures professional and tactful handling of the case at every stage.

Other tax advisory services

  • Design tax-efficient and customized remuneration packages of senior executives/ directors
  • Tax-efficient investment advisory services
  • Tax-efficient selection of organizational constitution
  • Tax implication in capital restructuring, mergers or re-organisation, joint ventures

We at DVM Believe in the saying that:

“Integrity is doing the right thing, even if nobody is watching.”

As tax advisers, we work closely with you to ensure that you pay the least amount of tax within the law. Our aim is to minimize your tax bill and to maximize your tax reliefs and allowances. An integrated service is therefore the best way of ensuring that tax implications are fully considered before any financial steps are taken.

We will help you to understand the tax aspects of your actions so that you can plan ahead and run your business in a tax efficient way. Our tax department is staffed with experienced tax experts who provide effective planning and solutions to complicated domestic and international tax issues.

Tax Compliance

Providing peace of mind that your tax affairs are being dealt with correctly and in a timely manner

  • Corporate Tax Returns
  • Personal Tax Returns
  • Wealth Tax Returns
  • Certifications under tax laws
  • Tax Audit

In addition, whilst completing your return, we will also review your position to identify any tax planning opportunities.

Assessments & Appeals

The firm has excellent in-depth expertise in assessments and representation before appellate authorities howsoever complex or ticklish the issues might be. No surprise, our clients of decades hold us in highest regards when it comes to the issue of handling their tax affairs.

Survey, Search & Seizure

Mere mention of these provisions of income tax law often make the entrepreneur lose their sleep. Not when if you happen to be our client. Our advisory services with a clear focus on efficient tax structuring and planning beginning right from the stage of formation and carried through year after year, crisp compliances and regular update on these matters make you much more confident to handle any such situation with ease. Our technical knowledge synergized by our practical experience ensures professional and tactful handling of the case at every stage.

Other tax advisory services

  • Design tax-efficient and customized remuneration packages of senior executives/ directors
  • Tax-efficient investment advisory services
  • Tax-efficient selection of organizational constitution
  • Tax implication in capital restructuring, mergers or re-organisation, joint ventures

We at DVM Believe in the saying that:

“Integrity is doing the right thing, even if nobody is watching.”

International Tax Planning

Since 1991 India has undergone a sea of change in its outlook toward foreign investment and global collaboration and has opened up a plethora of extremely attractive business propositions. The growth in the global economy and the pursuit of exploitation of overseas opportunities has led to an increase in cross border transactions for your businesses.

All cross border transactions have a tax implication. Whilst these can be relatively straightforward requiring little specialist consideration, once presence is established in a foreign jurisdiction matters become much more complex, often resulting in unforeseen tax liabilities or missed opportunities for mitigation. Specialist international tax advice is therefore essential.

Services include-

  • Advising on cross-border transactions and their tax implications
  • Advising on double taxation relief under DTAA
  • Advising on transfer pricing provisions and documents required to be maintained thereunder
  • Advising on withholding tax compliance
  • Assisting and advising on applicable relevant FEMA regulations
  • Certification under international transaction provisions
  • Advising on Foreign Direct Investment in India

Setting up Business in India

While looking at the prospect of doing business in India it would be prudent to see what options are available to a Non-Indian company to invest in India. We shall assist and advise you at all stages as per your requirements so that you lay a strong foundation of your business confidently.

Setting up Business overseas

In the current era when budding Indian entrepreneurs are taking giant leaps towards exploring opportunities outside the Indian boundaries, We at DVM provide one stop solution for setting up businesses outside India as per your requirements ranging from getting registeration formalities done to managing recurring tax and legal compliances so that your growth aspirations knows no bounds.

Service Tax

The scope of service tax in recent times especially in last one decade has expanded exponentially and practically every service has been or will soon be brought under the law. The rapid coverage of all and sundry services (even some of them do not seem to classify as services), often incoherent enactments coming almost dozen a day have left the businesses and the services providers a bewildered lot. The relentless issue of notifications, circulars, rules etc. has the effect of derailing the smooth functioning throwing the accounting systems into a tailspin besides adding a lot of pressure on the system.

To help the clients to be always on the right side of the law, our team has been providing the following services-

  • Advising on maintaining the accounts in such a way meeting the requirements of law
  • Regular updation of our clients with ever-changing provisions
  • Examining services rendered by clients from the service tax applicability point of view
  • Preparation and vetting of half-yearly service tax returns
  • Assisting in Service tax assessments and service tax audits
  • Handling appeals before the Commissioner and CESTAT level

VAT Advice & Planning

DVM can advise on all VAT issues, including registration, returns and VAT planning for a more tax efficient method of operating.

Corporate Law Consulting

Company secretarial & Advisory

The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.

Moreover, with company legislation changing at the rate it does, you need to be sure you are fully aware of how these changes affect you and your fellow directors. We can give you complete peace of mind in this area by carrying out company secretarial duties for you.

Services include advising on :

  • Company Formations, restructuring, mergers, joint ventures
  • Preparation and Filing of Statutory Returns & Forms
  • Preparation of all Documentation related to Minutes and Resolutions
  • Maintenance of Statutory Books
  • General Advice on Company and Incidental Laws
  • Help in appointment of directors
  • Exit schemes/Winding up

We at DVM know the financial markets quite well, and have the experience to assist you in advising on and securing the best financing option for your business goals either through Debt or Equity.

Debt

  • Project Finance
  • Working Capital financing
  • Financial and Corporate Restructuring
  • Corporate/Unsecured Loan for a longer period from nationalized bank with least rate of interest

Specialised in reduction of Cost through Buyers Credit, Working Capital Demand Loan, & Foreign Currency Loans

Equity

  • Private Placement
  • Mezzanine to pre-IPO-Private Equity placements
  • Equity-linked private placements
  • Risk Capital from FI’s

Mergers & Acquisitions

  • Merger and Reverse Mergers
  • Buy/Sell
  • Joint venture
  • Cross Border Acquisitions

We at DVM know the financial markets quite well, and have the experience to assist you in advising on and securing the best financing option for your business goals either through Debt or Equity.

Debt

  • Project Finance
  • Working Capital financing
  • Financial and Corporate Restructuring
  • Corporate/Unsecured Loan for a longer period from nationalized bank with least rate of interest

Specialised in reduction of Cost through Buyers Credit, Working Capital Demand Loan, & Foreign Currency Loans

Equity

  • Private Placement
  • Mezzanine to pre-IPO-Private Equity placements
  • Equity-linked private placements
  • Risk Capital from FI’s

Mergers & Acquisitions

  • Merger and Reverse Mergers
  • Buy/Sell
  • Joint venture
  • Cross Border Acquisitions

Regulatory, financial, and fiscal aspects of running a business including the company formation can often prove daunting, and even off-putting, to the budding entrepreneur despite having a good business proposition. Many of them fail in their first year itself so it is vital to get good support and advice to avoid becoming a first year statistic.

Bring us your business ideas and we'll help you to evaluate them in a constructive and realistic manner. We can also help you in:

  • Decide on the proper structure for your business – limited company, sole trader, LLP or partnership and deal with all the associated setup matters including company formation and taxes registration for new clients.
  • Prepare a business plan.
  • Prepare cash flow projections and budgets to assess the financial viability of your business.
  • Complete registration procedures with regulatory authorities and help obtain Export-Import Code etc.
  • Choose the most suitable accounting system and monitor your bookkeeping and accounting.
  • Assess your financing requirements and the appropriate sources.
  • Establish relationships with banks, solicitors, insurance brokers, our clients and others within our base of contacts who will benefit your business.
  • Take advantage of tax efficient expense schemes.
  • Realise how to save costs and grow your business.
  • Turnkey Solution Provider

We combine our consulting skills with local expertise, innovation and creativity to develop the best solutions for our clients. DVM has developed a flexible and focused menu of services based on the areas vital to the efficient running of your business.

Our approach combines a rapid diagnosis of the business issues pertaining to our clients with the execution of changes needed, aiming to transfer our skills and experience to our clients staff, thereby ensuring their sustainable business improvement.

We provide a range of services aimed at key stages in the business lifecycle or the key issues affecting the success of your business.

Offerings:

  • Setting up Business in India
  • Market Research & Feasibility Studies
  • Due Diligence & Business Valuation
  • Business & Strategic Planning
  • Cash flow and Budgeting Analysis
  • Internal Controls & System Review
  • Performance Measurement, Process Evaluation
  • Undertake specific studies/reports
  • Projection and Forecast

Strategic Planning

The pressures of daily business can often mean strategic planning taking a back seat - but to have a successful business you must plan ahead.

We'll help you establish a strategic plan that looks at where you want your business to be in the future and exactly how you and your team can achieve these aims and objectives.

Your strategic plan will:

  • Define the characteristics of your company in three to five years
  • Identify your competitors
  • Define your objectives and financial goals
  • Put in place an effective implementation plan to achieve your goals

Outsourcing & VALUE ADDED SERVICES

We strive to give you:

  • More and qualitative time to run your business
  • The peace of mind that someone is keeping an eye on the essentials
  • Help and support when it is needed most

Legal Support

Firm through close associates who are legends of this line, can help you in following highly crucial matters –

  • Legal drafting for agreement, MOU, Contracts, Share Purchase Agreements etc.
  • Vetting legal document from business, commercial and taxation angles
  • Dispute resolution by mediation or arbitration
  • Valuations of businesses and company shares

Bookkeeping & Management Accounting

DVM can effectively relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts in compliance with statutory requirements. Our first step is to work with you so that we can gain a full understanding of your business, tailoring our approach to meet your requirements so we can provide exactly the service you need, making use of a variety of leading-edge software products.

Bookkeeping and accounting services include:-

  • Monthly preparation of management accounts
  • Preparing and processing the Service Tax Returns
  • Preparing year-end statutory accounts
  • Cash flow and profit projections
  • Identification of key performance indicators
  • Implementation of accounting systems
  • Preparation and maintenance of fixed assets register

Payroll Processing

Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business and the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of myriad penalties for non-compliance.
We have a dedicated team which can substantially relieve you of this burden by providing a comprehensive, confidential and reliable payroll system thus help you concentrate on managing part of the business which you only can do.

Periodic Returns

  • Half-yearly Service Tax Returns
  • Quarterly TDS Returns
  • Employees tax returns

The client is a clear winner whatever way you look at it from. It shifts its botheration to a professional firm which gets the job done competently and on timely basis and that too at a fraction of what it would effectively cost to the client.

Lalit Mittal

FCA, B.Com The senior-most partner and a seasoned professional. Associated with the firm since beginning of his professional career. Understands business like back of his hand which helps connect with his clients and their requirements with absolute ease. Focusing on exploring opportunities for them, he is always eager to help the clients grow and going all out, professionally or personally, to make their dreams come true through customized and innovative solutions. For him, the clients are his extended family only and nothing less.

Apart from being a thorough professional in the core areas of audit and taxation etc., he possesses an unparalleled and proven expertise in project financing, equity funding and other financial advisory services. He has developed the right contacts and a decent goodwill for the firm in this highly specialized line of activity. His practical hands-on business exposure enables the firm to be more effective in providing business centric client solutions.

A great source of inspiration and guidance to young professionals at DVM for whom Lalit is a role

Rohit Singhal

FCA, B.Com. A bright young professional heading towards a distinguished recognition in the area of tax and international taxation. Has been ably contributing to the tax practice of the firm. An expert in international taxation matters, is providing all advisory services in matters connected with setting up business abroad or foreign entities setting up operations in India, and all allied issues.

Mohit Mittal

ACA, B.Com. A young professional looking after Audit and Indirect Taxation practice of the firm. He Looks after the entire range of practice relating to Audit planning and execution, due, diligence, consulting and advisory services.

He also looks after the Service Tax consultancy, an area which has been growing at a phenomenally rapid speed.

Pooja Mittal

ACA, B.Com. expertise in the field of Auditing, Accounting & Taxation including tax-planning and advisory services for NRI clients. She has extensively worked in Indirect Tax Laws including VAT, Service Tax etc.

 

 

 

 

 

 

 

 

TEAM

We would not be here at this position today but for our dedicated and competent team of professionals who habitually sacrifice their personal comfort when it comes to servicing the client. They are professionally trained who regularly upgrade themselves with the latest developments and techniques happening in today’s dynamic and complex professional arena so that there is no compromise on delivery of best services.

It will not be an exaggeration to say that our human resources are some of the finest talent around driven by their accomplishments, committed to doing the right thing, and strive not only to achieve but to exceed expectations every time.

ASSOCIATES

Dr. P.K. Ray

M.A., LLB, Phd. A mine of experience and intelligence all bundled together, Dr. Ray carries with him a well enriched and deep experience of law. He handles all the legal advisory services as an associate of the firm.

Starting career as a Civil Servant as Senior Land Revenue Officer with West Bengal Government, he moved on to Airport Authority of India as Executive Director (Law). A true professional with loads of experience in Domestic and International Law has more than 300 arbitration cases to his credit including the famous one viz AAI vs. Tata Motors. Dr. Ray has authored several books on law.

Sunil Mittal

CA, ICWA, LLB. An intellectual persona with a great reservoir of technical insights and deeply endowed with industrial expertise in the sectors of steel, mining and power. A thorough consultant who is associated with the firm in the fields of Joint Venture Agreement, Merger & Acquisition, Corporate. company law matters, taxation, technical & industrial consultancy.

Pankaj Mishra

CA, B.Com An outstanding upcoming professional specializing in and heading the internal audit and risk management services. Blending practical side and understanding of the business of the clients to the technical knowledge he goes delves deep into operations and produces results that are highly value additive winning lot of admiration from the clients and peers alike.