Chartered Accountants B Dash & Co

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Chartered Accountants B Dash & Co

B Dash & Co is a chartered accountant firm Dash: Building a Better Working World

Who We Are

Dash (known as B Dash & Co.) Pursue unique and fulfilling careers.

is a Indian firm providing public accounting, business advisory, and corporate services. We deliver a comprehensive range of high-quality, timely, and cost-effective solutions to help our clients thrive. Our Mission

We are committed to exceeding client expectations by upholding international standards and leveraging technology to its fullest potential. We strive to:

Be accessible and build colla

borative relationships with our clients, understanding their unique cultures. Maintain the highest reputation for integrity and quality, serving blue-chip companies, financial institutions, and multinationals. Attract, develop, and retain talented professionals who are highly skilled, ethical, and dedicated. Partner with international firms to seamlessly address client needs across borders. Our Impact

We believe in playing a vital role in creating a better working world for everyone. We achieve this by:

Helping businesses navigate the fast-paced world through services like AI platform Dash.ai, ensuring responsible growth and risk management. Offering high-performing, multidisciplinary teams with deep sector knowledge to fulfill regulatory requirements and stakeholder needs. Promoting sustainable and inclusive economic growth through continuous improvement and collaboration. Empowering Our People

At Dash, we foster an environment where individuals can:

Develop the mindsets and skills needed to be future-ready leaders. Leverage a powerful network
Continuously learn and grow through innovative programs like the Dash Tech MBA. Investing in the Future

We are dedicated to investing in our people and innovation. We believe diversity and inclusion are key drivers of growth, and we are committed to fostering a culture of continuous learning and development. Join us in building a better working world.

24/08/2023

Fy #2023-24 filed data
Great job by
Also a good work by department

15/03/2023

Highlights of Budget 2023

11/10/2022

We provide valuation service

21/08/2022

The Berkus Method attempts to circumvent the problem of quantifying something, which is not (yet) possible to quantify by using both qualitative and quantitative factors to calculate valuation based on five elements:

Valuable business model (base value)
Available prototype (reducing technology risks)
Abilities of the founding or management team (reducing implementation risks)
Strategic Relationships (reducing market risks)
Existing costumers or first sales (reducing production risks)

16/07/2022

47th GST council meeting made Changes and clarifications relating to Refund

47th GST council meeting made Change in formula for refund of unutilized ITC on account of Inverted Duty Structure Formula for calculating refund of unutilized ITC on account of IDS under Rule 89(5) of the CGST Rules has been substituted to consider utilization of ITC on input services for payment of output tax liability. This will result in higher refund to taxpayers. Revised formula is as follows:

18/06/2022

What is to be reported in SFT?
SFT (Specified Financial Transactions) or (Statement of Financial Transactions), is report filed by 'specified persons' under Section 285BA of Income Tax Act, 1961 which record transactions exceeding threshold limit including investment and expenditure done by taxpayers in FY.

16/06/2022

Valuation Services

Our valuation practitioners can perform valuations of business interests, tangible assets, intellectual property, intangible assets, common and preferred stock and other securities, partnership interests, employee stock option plans (ESOPs), private debt instruments, options, warrants, and other derivative products. These services are provided to assist clients with mergers, acquisitions and dispositions; taxation planning and compliance; financial reporting; bankruptcy and reorganization; litigation and dispute resolution; and strategic planning.

Valuation Services include：

Business Valuation
○ Valuation of business interests
○ Tangible Assets Valuation
○ Intangible assets valuation, including purchase price allocation
○ Fairness opinions
○ Impairment Test
○ Share-based Payment Valuation

Valuation Advisory Services
○ Fair value measurements in financial reporting
○ Transaction Advisory
○ Fund portfolio valuation
○ Model design and risk assessment for financial instruments

Infrastructure / Project Finance Advisory
○ Project Finance Advisory
○ Debt Finance Advisory
○ Project bidding advisory
○ Project feasibility study
○ Project Transaction advisory
○ Financial modeling

Business Valuation
Valuation of Business Interests

Business valuation includes the provision of either valuation opinion or valuation consulting services for the valuation of aggregate business interests or business enterprises.

Such analyses are performed for:

Transaction planning
Purchase or sale of business
General business purposes
Financial statement or tax reporting purposes
Collateral or secured financings or refinancing
Litigation or dispute resolution purposes
Typical illustrations include:

Valuation or appraisals of businesses, business ownership interests, securities, and partnership and limited liability company interests in private, publicly held, or government entities
Valuations or appraisal estimates or analyses involving estimates of fair value of aggregate business enterprises in connection with an entity’s financial statements pursuant to pronouncements issued by regulatory authorities, or financial or accounting standards-setting bodies.
Intangible Asset Valuation

Intangible asset valuations include the provision of either valuation opinion or valuation consulting services for individual or multiple intangible assets or liabilities and intellectual property where the result are used for:

Financial statement or tax reporting purposes
General business purposes
Transaction planning
Purchase or sale of assets
Licensing or relicensing
Collateral or secured financings or refinancing
Litigation or dispute resolution purposes
Typical illusion include:

Valuations in connection with an entity’s financial reporting requirement in the contest of business combinations or in connection with the external audit of fair value measurements.

Valuations of and/or estimates of remaining useful life of individual intangible or intellectual assets.
Fairness Opinions

Fairness opinions involve the provision of a report, generally to a Board of Directors, deliberating the purchase or sale of assets or business interests. There is usually a presumption that the Board of Directors will rely on the fairness opinion in reaching its conclusions on proceeding with or completing a transaction. There is also a presumption that other third parties would need to have access to the fairness opinion or that the reference to the fairness opinion report may be needed in publications or filings available to the general public.

Fair Value Studies

“Fair value” type reports include a broad category of valuation-based services usually provided in connection with requirements arising during the purchase, sale or transfer of assets or interests or as a result of contractual, governmental, regulatory, or statutory requirements such as disclosures in financial statements as stipulated by FASB and International Accounting Standards Board (IASB) and national regulatory bodies. As a result, assets and liabilities need to be analyzed from a fair value perspective.

These services include:

Valuation analyses or estimates of value required in connection with articles of association, by-laws, or other forms of shareholders’ agreements
Estimates of value required under contracts between parties or resulting from disputes between parties
Valuation analyses related to tax mitigation and/or planning,
Preparation of estimates, analyses, and reports concerning matter of tax, financial, or accounting solvency frequently involving either “balance sheet” tests on the value of assets (Impairment testing studies, valuation of investments, derivatives securities and inventories)
Adequacy of consideration, for example, “contribution-in-kind” paid or received, in connection with a specific transaction or event.
Valuation services provided in connection with fair value studies and fairness opinions generally are based on legal or statutory requirements and may involve unique or nonstandard valuation procedures and/or definition of the standard of value measurements. Services provided in connection with these types of requirements involve specialized knowledge and experience .

Valuation Advisory Services
Fair Value Measurements in Financial Reporting

During the past few years a move towards fair value accounting has taken place, mainly led by provisions of IFRS and US GAAP. With the use of fair value, financial reporting becomes even more complex as there are few assets and liabilities where a market value can’t be readily established. Instead, companies and their auditors need to rely on valuation models that involve the application of methods and assumptions that can be highly judgmental.

As fair value has become more and more important as a measurement standard for financial reporting purposes, it becomes increasingly important for auditors to understand the dynamics of fair value measurement and have access to relevant expertise and resources.

Our firm valuation practitioners provide support to audit engagement teams in connection with procedures related to testing fair value measurements that may include:

Business interests valuation
Tangible assets valuation
Intangible assets valuation
Share-based payment valuation
Business combination/Purchase price allocation
Impairment Test
Financial instruments including:
○ Convertible bonds ○ Swaps ○ Guarantee ○ Mortgage-backed securities
○ Asset-backed securities ○ Collateralized debt/bond obligations
○ Transaction Advisory

Where evaluation strategic alternatives, acquisitions, or new ventures, Deloitte can provide in-depth advice to clients in their decision making. Drawing on extensive experience across a broad range of industries, specialized practitioners can provide perspectives on value as well as assistance in interpreting the impact on transaction structuring, deal making and risk management strategies. Clients can then focus their resources on those factors with the greatest impact on value to make the most efficient use of resources and achieve speed and efficiency throughout the transaction process.

Fund Portfolio Valuation

Many private equity, venture capital or hedge funds require independent valuation of portfolio investments for financial reporting purposes. We can estimate the fair value of investments in accordance with IFRS, US GAAP or other national accounting requirements and industry guidelines such as the International Private Equity and Venture Capital Valuation Guidelines and the Private Equity Industry Guideline Group’s US Private Equity Valuation Guidelines. Alternatively, we can analyze and report on the reasonableness of management’s internal fair value estimate.

Model Design and Risk Assessment for Financial Instruments

With volatile markets, complex financial structured products and increasing regulation, there is a growing need for accurate and reliable financial modeling and effective risk management models and systems. Deloitte can assist with your quantitative valuation and risk modeling needs, including model design and independent risk assessment against the latest industry benchmarks and regulations.

Infrastructure / Project Finance Advisory
As one of the largest and most comprehensive advisory organization in the Asia Pacific region, Deloitte Financial Advisory Services ("FAS") practice provides our clients with full range of services and supports. Project Finance Advisory ("PFA") service line targets at advising large scale of Chinese and multi-national companies on their outbound and inbound investment projects.

Project Finance Advisory Services is the provision of financing advice on greenfield projects in the sectors such as

Electricity power
Water Resource
Renewable energy
Oil and gas (upstream, pipeline, refinery, petrochemicals)
Infrastructure (including high speed railway, high way, bridge)
Mining and nature resource
Manufacturing
Industry
Deloitte is a unique provider of PFA service amongst the Big Four. With rapid development of Great China companies' outbound investment, our PFA business has been highly demanded by various clients.
The main services are currently provided corresponding to needs of clients including:

Project Finance Advisory
Debt Finance Advisory
Project bidding advisory
Project feasibility study
Project Transaction advisory
Financial modeling
○ Project Modeling ○ Financial and Economic benefit analysis
○ Sensitivity analysis ○ Scenario analysis
○ Regression and monte carlo simulation
○ Bidding modeling support

16/06/2022

The due date of filing ITR is generally 31st July 2022 for taxpayers (non-audit cases). However, in the case of the taxpayers where an audit is required under the Income Tax Act or any other law, the due date of filing ITR is 31st October 2022

16/06/2022

GSTN portal says -

Few taxpayers (recipients of supply) have reported that they have observed same invoice twice in GSTR 2B i.e. April and May,2022. Taxpayers are advised not to avail ITC on same invoice twice. A solution to the issue would be implemented shortly.

Take care

16/06/2022

Analysis of Cost Inflation Index

16/06/2022

The GST works are done by proper qualified persons at our office including Apart from 3B /1/ 9/ 9C/ ITR /TAR ,

After GST, That person is most important in our office below tasks done by One & only person Exclusively since GST inception

Address

C-2 Chandrasekharpur PO KIIT
Bhubaneswar
751024

Telephone

+919437008388

Website

http://www.bdashco.com/

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