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History

PSALLP: OUR STORY

2000

PSALLP is founded

1st September 2000

Handled First Consulting assignment of NGO by providing opinion Income Tax Demand and saved tax liability of more than one crore

2001
2002

Successful Handling of Appeal Cases of Sales Tax, Entry Tax & Central Sales Tax of earlier 20 years since 1981

Managing Partner CA Pankaj Somaiya became Member of Editorial Board of reputed Journals of MP CG-Income Tax Judgments & Sales Tax Judgments

2003
2004

Best Operating Agency Award (in MP) by ICICI Bank

Handling Largest Income Tax Search & Seizure of MP during those times

2005
2006

Managing Partner CA Pankaj Somaiya became Member of District Level VAT Implementation

Became a CA Professional Partnership Firm, first in District

2007
2008

Business & Corporate Restructuring for Fund Raising

Project Finance from Banks Fund Raising for Industries Setup of more than Rs.50 Crores

2009
2010

Shifted to the Newly furnished Office Premises of more than 1200 Sqft with latest infrastructure and Set up
Public Issue Fund Raising Consultancy for TEXMO Pipes

Opening of Branch at Indore (MP).

2011
2012

Fund Raising and Debt Syndication of more than Rs.100 Crores

Pankaj Somaiya and Associates became the first CA Firm to convert itself into a LLP in CIRC (7 States) with LLP No.400001
Opening of Branch at Nagpur (MH).

2013
2014

Auditing of Listed Company with Overseas Subsidiary (Texmo Pipes), CAG Audits of Large Industrial Unit (National Textile Corporation)

Auditing of Large Industry in Cooperative Sector (Sugar Factory)

2015
2016

Central Statutory Auditor of District Central Coorporative Bank

GST Paper Presentation by Firm and Team before Tax Association, CA Association and Clients Tax Planning for GST compliances, Accounting System Changes.
Opening of Branch at Khandwa (MP).

2017
2018

Concurrent Auditor and Stock Auditor of Various Nationalized Banks.(Central bank of India & Bank of India)

Designing of System, Process, Procedures for Automation and Work Flow for Improvement of Performance of Firm

2019
2020

Moved to Virtual Office (Cloud Computing, Digitization, Paperless, Work from Home, Online Team)