CA Professional Fee 2019 – Chartered Accountants Minimum Fee Chart for Professional Services

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Check out the revised CA Professional Fee chart for the accounting year 2019-20 for various professional services in India. Generally so many business people & other who need finance related services have some doubts regarding the minimum fees charged by the Chartered Accountants (CA) for their professional assignments in India. Here is the list of minimum recommended scale of fees for the professional work done by the Chartered Accountant. Their professional services includes filing Income Tax returns & monthly GST returns, GST registration, Company / LLP registration services, Auditing services, Consulting, Legal drafts paper work and other finance related services.

Also Read : What is Employment Tax or Professional Tax

Revised CA Professional Fee for various Professional Services

REVISED MINIMUM RECOMMENDED SCALE OF FEES FOR THE PROFESSIONAL ASSIGNMENTS DONE BY THE CHARTERED ACCOUNTANTS

CA Professional Fee - Chartered Accountants Minimum Fee Chart for Professional Services

The Committee for Capacity Building of Members in Practice (CCBMP) of ICAI as a part of its commitment to strengthen the Small & Medium Practitioners has initiated the Revised Minimum Recommended Scale of Fees for the professional assignments done by members of ICAI. The recommendation is about the fee to be charged as per the work performed for various professional assignments. The CA Professional fee has been recommended separately for Class A & Class B cities.

Also Read : Get ICAI Student Journals

Chartered Accountants Minimum Fee Details Chart 2019

 

 

PARTICULARS

Rates
For Class A CitiesFor Class B Cities
Revised Minimum Recommended scale of FeesRevised Minimum Recommended scale of Fees
I)ADVISING ON DRAFTING OF DEEDS/AGREEMENTS
(a)i) Partnership DeedRs 15,000/- & AboveRs 10,000/- & Above
ii) Partnership Deed (With consultation & Tax Advisory)Rs 20,000/- & AboveRs 15,000/-& Above
(b)Filing of Forms with Registrar of FirmsRs 7,000/- & Above Per FormRs 5,000/- & Above Per Form
(c)Supplementary / Modification in Partnership DeedRs 12,000/- & AboveRs 9,000/- & Above
(d)Joint Development Agreements/ Joint Venture AgreementsRs 12000 & Above (See Note-1)Rs 9000 & Above (See Note-1)
(e)Others Deeds such as Power of Attorney, Will, Gift Deed etc.Rs 5000 & AboveRs 3000 & Above

Income Tax Return Filing Service Charge by CA 2019-20

II)INCOME TAX
A.Filing of Return of Income
I)For Individuals/ HUFs etc.
(a)Filing of Return of Income with Salary/Other Sources/Share of ProfitRs 8,000/- & AboveRs 6,000/- & Above
(b)Filing of Return of Income with detailed Capital Gain working
i) Less than 10 Transactions (For Shares & Securities)Rs 11,000/- & AboveRs 8,000/- & Above
ii) More than 10 Transactions (For Shares & Securities)Rs 17,000/- & AboveRs 12,000/- & Above
(c)Filing of Return of Income for Capital Gain on Immovable propertyRs 32,000/- & AboveRs 22,000/- & Above
(d)Filing of Return of Income with Preparation of Bank Summary, Capital A/c & Balance Sheet.Rs 12,000/- & AboveRs 9,000/- & Above
II)(a) Partnership Firms/Sole Proprietor with Advisory ServicesRs 15,000/- & AboveRs 11,000/- & Above
(b) Minor’s I.T. StatementRs 8,000/- & AboveRs 8,000/- & Above
(c) Private Ltd. Company :
i) ActiveRs 25,000/- & AboveRs 17,000/- & Above
ii) DefunctRs 12,000/- & AboveRs 9,000/- & Above
(d) Public Ltd. Company
i) ActiveRs 65,000/- & AboveRs 45,000/- & Above
ii) DefunctRs 25,000/- & AboveRs 17,000/- & Above
B.Filing of Forms Etc.(Quarterly Fees)(Quarterly Fees)
(a)Filing of TDS/TCS Return (per Form)
i) With 5 or less EntriesRs 4,000/- & AboveRs 3,000/- & Above
ii) With more than 5 EntriesRs 9,000/- & AboveRs 7,000/- & Above
(b)Filing of Form No. 15-H/G ( per Set)Rs 4,000/- & AboveRs 3,000/- & Above
(c)Form No. 49-A/49-BRs 4,000/- & AboveRs 3,000/- & Above
(d)Any other Forms filed under the Income Tax ActRs 4,000/- & AboveRs 3,000/- & Above
C.Certificate
Obtaining Certificate from Income Tax DepartmentRs 14,000/- & AboveRs 10,000/- & Above
D.Filing of Appeals Etc.
(a)First Appeal

Preparation of Statement of Facts, Grounds of Appeal, Etc.

Rs 32,000/- & AboveRs 22,000/- & Above
(b)Second Appeal (Tribunal)Rs 65,000/- & AboveRs 45,000/- & Above
E.Assessments Etc.
(a)Attending Scrutiny Assessment/Appeal
(i) CorporateSee Note 1See Note 1
(ii) Non CorporateRs 32,000/- & AboveRs 22,000/- & Above
(b)Attending before AuthoritiesRs 10,000/- & Above Per VisitRs 7,000/- & Above Per Visit
(c)Attending for Rectifications/Refunds/Appeal effects Etc.Rs 7,000/- & Above Per VisitRs 5,000/- & Above Per Visit
(d)Income Tax SurveyRs 80,000/- & AboveRs 55,000/- & Above
(e)T.D.S. SurveyRs 50,000/- & AboveRs 35,000/- & Above
(f)Income Tax Search and SeizureSee Note 1See Note 1
(g)Any other ConsultancySee Note 1See Note 1

For Registering Charitable Trust

III)CHARITABLE TRUST
(a)(i) Registration Under Local ActRs 25,000/- & AboveRs 17,000/- & Above
(ii) Societies Registration ActRs 32,000/- & AboveRs 22,000/- & Above
(b)Registration Under Income Tax ActRs 25,000/- & AboveRs 18,000/- & Above
(c)Exemption Certificate U/s 80G of Income Tax ActRs 20,000/- & AboveRs 14,000/- & Above
(d)Filing Objection Memo/other RepliesRs 10,000/- & AboveRs 7,000/- & Above
(e)Filing of Change ReportRs 10,000/- & AboveRs 7,000/- & Above
(f)Filing of Annual BudgetRs 10,000/- & AboveRs 7,000/- & Above
(g)Attending before Charity Commissioner including for Attending ObjectionsRs 8,000/- & Above per visitRs 6,000/- & Above per visit
(h)(i) F.C.R.A. RegistrationRs 35,000/- & AboveRs 25,000/- & Above
(ii) F.C.R.A. CertificationRs 8,000/- & AboveRs 6,000/- & Above

Company / LLP Registration & other services charge

IV)COMPANY LAW AND LLP WORK
(a)Filing Application for Name ApprovalRs 8,000/-& AboveRs 6,000/- & Above
(b)Incorporation of a Private Limited Company/LLPRs 35,000/- & AboveRs 25,000/- & Above
(c)Incorporation of a Public Limited CompanyRs 65,000/- & AboveRs 45,000/- & Above
(d)Advisory or consultation in drafting MOA, AOARs 15,000/- & AboveRs 12,000/- & Above
(e)(i) Company’s/LLP ROC Work, Preparation of Minutes, Statutory Register & Other Secretarial WorkSee Note 1See Note 1
(ii) Certification (Per Certificate)Rs 15,000/- & AboveRs 10,000/- & Above
(f)Filing Annual Return Etc.Rs 10,000/- & Above per FormRs 8,000/- & Above per Form
(g)Filing Other Forms Like : F-32, 18, 2 etc.Rs 5,000/- & Above per FormRs 4,000/- & Above per Form
(h)Increase in Authorised Capital

Filing of F-5, F-23, preparation of Revised Memorandum of Association/Article of Association/LLP Agreement

Rs 25,000/- & AboveRs 20,000/- & Above
(i)DPIN/DIN per ApplicationRs 4,000/- & AboveRs 3,000/- & Above
(j)Company Law Consultancy including Petition draftingSee Note 1See Note 1
(k)Company Law representation including LLP before RD and NCLTSee Note 1See Note 1
(l)ROC RepresentationSee Note 1See Note 1

Auditing Services Charge by Chartered Accountants

V)AUDIT AND OTHER ASSIGNMENTS
Rate per day would depend on the complexity of the work and the number of days spent by each person
(i) PrincipalRs 18,000/- & Above per dayRs 12,000/- & Above per day
(ii) Qualified AssistantsRs 10,000/- & Above per dayRs 8,000/- & Above per day
(iii) Semi Qualified AssistantsRs 5,000/- & Above per dayRs 4,000/- & Above per day
(iv) Other AssistantsRs 3,000/- & Above per dayRs 2,000/- & Above per day
Subject to minimum indicative Fees as under:
(i) Tax AuditRs 40,000/- & AboveRs 30,000/- & Above
(ii) Company Audit
(a) Small Pvt. Ltd. Co. (Turnover up to Rs. 2 Crore)Rs 50,000/- & AboveRs 35,000/- & Above
(b) Medium Size Pvt. Ltd. Co./ Public Ltd. Co.Rs 80,000/- & AboveRs 55,000/- & Above
(c) Large Size Pvt. Ltd. Co./ Public Ltd. Co.See Note 1See Note 1
(iv) Review of TDS ComplianceRs 25,000/- & AboveRs 20,000/- & Above
(v) Transfer Pricing AuditSee Note 1See Note 1

Special Assignments

VI)INVESTIGATION, MANAGEMENT SERVICES OR SPECIAL ASSIGNMENTS
Rate per day would depend on the complexity of the work and the number of days spent by each person
(a) PrincipalRs 35,000/- & Above + per day chargeRs 25,000/- & Above + per day charge
(b) Qualified AssistantRs 18,000/- & Above + per day chargeRs 12,000/- & Above + per day charge
(c) Semi Qualified AssistantRs 10,000/- & Above + per day chargeRs 7,000/- & Above + per day charge

Minimum Fee of CA for Certification Work

VII)CERIFICATION WORK
(a)Issuing Certificates under the Income Tax Act i.e. U/s 80IA / 80IB /10 A/10B & other CertificatesSee Note 1See Note 1
(b)Other Certificates

For LIC/Passport/Credit Card/Etc.

Rs 10,000/- & AboveRs 7,000/- & Above
(c)Other Attestation (True Copy)Rs 3,000/- & Above per formRs 2,000/- & Above per Form
(d)Net worth Certificate for person going abroadRs 18,000/- & AboveRs 12,000/- & Above
VIII)RERA
(a)Audit of AccountsRs 10,000/- & AboveRs 7,000/- & Above
(b)Appearance Before Appellate Tribunal or Regulatory Authority or Adjudicating AuthorityRs 50,000/- & AboveRs 40,000/- & Above
(c)Advisory & ConsultationSee Note 1See Note 1
(d)Certification for withdrawal of amountSee Note 1See Note 1

CA Fee for Consultation & Arbitration 2019-20

IX)CONSULTATION & ARBITRATION
Rate per hour would depend on the complexity of the work and the number of hours spends by each person.
(a)PrincipalRs 35,000/- & Above(initial fees)

+ additional fees @ Rs 8,000/- & Above per hour

Rs 25,000/- & Above(initial fees)

+ additional fees @ Rs 6,000/- & Above per hour

(b)Qualified AssistantRs 6,000/- & Above per hourRs 4,000/- & Above per hour
(c)Semi Qualified AssistantRs 3,000/- & Above per hourRs 2,000/- & Above per hour
X)NBFC/RBI MATTERS
(a)NBFC Registration with RBISee Note 1See Note 1
(b)Other ReturnsRs 18,000/- & AboveRs 12,000/- & Above

Fees charged by Chartered Accountants in India for GST

XI)GST
(a)RegistrationRs 20,000/- & AboveRs 15,000/- & Above
(b)Registration with ConsultationSee Note 1See Note 1
(c)Tax Advisory & Consultation i.e. about value, taxability,

classification etc.

See Note 1See Note 1
(d)Challan/ReturnsRs 15,000/- & Above + (Rs 4,000/- Per Month)Rs 10,000/- & Above + (Rs 3,000/- Per Month)
(e)Adjudication/Show Cause notice replyRs 30,000/- & AboveRs 20,000/- & Above
(f)Filing of Appeal / Appeals DraftingRs 30,000/- & AboveRs 20,000/- & Above
(g)Furnish details of inward/outward supplySee Note 1See Note 1
(h)Misc services i.e., refund, cancellation/revocation registration, maintain electronic cash ledger etc.See Note 1See Note 1
(i)Audit of accounts and reconciliation StatementRs 40,000/- & AboveRs 20,000/- & Above
(j)Any Certification WorkRs 10,000/- & AboveRs 5,000/- & Above

CA Professional Fee for FEMA Services

XII)FEMA MATTERS
1Filing Declaration with RBI in relation to transaction by NRIs/ OCBsRs 35,000/- & AboveRs 25,000/- & Above
2Obtaining Prior Permissions from RBI for Transaction with NRIs/ OCBsRs 50,000/- & AboveRs 35,000/- & Above
3Technical Collaboration:

Advising, obtaining RBI permission, drafting and preparing technical collaboration agreement and incidental matters

See Note 1See Note 1
4Foreign Collaboration:

Advising, obtaining RBI permission, drafting and preparing technical collaboration agreement and incidental matters (incl. Shareholders Agreement)

See Note 1See Note 1
5Advising on Non Resident Taxation Matters including Double Tax Avoidance Agreements including FEMASee Note 1See Note 1

Project Financing Services Professional Charge

XIII)PROJECT FINANCING
(a)Preparation of CMA DataSee Note 1See Note 1
(b)Services relating to Financial sectorSee Note 1See Note 1
Check out the Official Notification

Notes:

  1. CA Professional Fee to be charged depending on the complexity and the time spent on the particular assignment.
  2. The above recommended minimum scale of fees is as recommended by the Committee for Capacity Building of Members in Practice (CCBMP) of ICAI.
  3. The aforesaid table states re-commendatory minimum scale of CA professional fee works out by taking into account average time required to complete such assignments. However, members are free to charge varying rates depending upon the nature and complexity of assignment and time involved in completing the same.
  4. Office time spent in travelling & out-of-pocket expenses would be chargeable. The Committee issues for general information the above recommended scale of CA professional fees which it considers reasonable under present conditions. It will be appreciated that the actual fees charged in individual cases will be matter of agreement between the member and the client.
  5. GST should be collected separately wherever applicable.
  6. The Committee also recommends that the bill for each service should be raised separately and immediately after the services are rendered.
  7. Class A Cities here includes Delhi, Mumbai, Calcutta, Chennai, Pune, Hyderabad, Bangalore and Ahmedabad. Class B Cities includes all other cities not included in “Class A”.
  8. The amount charged will be based on the location of the service provider.

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