Lunawat & Co. was established in February 1968 by Late Sh. D.C. Jain , as a audit and taxation firm. It has since expanded to provide a wide array of assurance, tax, corporate and other services. We believe that it is not enough that all of our clients’ tax, audits, accountancy and business advisory needs are met; they should be met efficiently, professionally and cost-effectively by an accessible, committed and competent team. We have a special understanding of the issues that entrepreneurs face, which makes us an integral part of our clients advisory teams.
The evolution of Lunawat & Co. is characterized by its focus in the early years of the practice on taxation services to firms and individuals, then in the late 1980’s through innovation and consolidation, the focus of the firm shifted from personal taxation and audit to corporate taxation and statutory audits. The decade of the 1990’s to the new millennium saw new opportunities, initiatives and challenges, the firm expanded into indirect taxation, corporate and advisory services. The size of the Firm rapidly increased with the economy booming and globalization which leads to the hiring of skilled professionals and a expanding the practice. With the liberalization of the Indian economy, at the turn of the century the corporate and financial advisory divisions were added, focusing on newer areas like Internal Audits, Service Tax, LLP, Tax Litigations, Transfer Pricing etc.