About the firm
What exactly is CNK RK & Co, and how is it different from other CA firms?
CNK RK & Co is a full-service chartered accountancy and advisory firm — but the comparison to a typical CA firm stops there. We have 54+ partners, 1,100+ professionals, and offices across Delhi, Gurgaon, Mumbai, Chennai, Vadodara, Ahmedabad, GIFT City, Bengaluru, Pune, Kolkata, Chandigarh, Dubai, and Abu Dhabi. Clients range from multinational subsidiaries and listed companies to PE-backed businesses, family offices, and first-generation founders. We are also part of the INAA Global Network, giving us reach across 50+ countries when cross-border mandates require it. What genuinely sets us apart is the partner-led model — the partner who pitches your engagement stays on it.
What does "partner-led engagement" actually mean in practice?
In most large firms, the partner closes the deal and disappears — what the client actually gets is a manager and a team of juniors. At CNK RK, partner-led means the partner who pitches an engagement stays on it: reviewing files, signing off on advice, and available when a client needs a real conversation rather than a forwarded email. It also means advice that is commercially calibrated, not just technically correct. A technically correct answer that is commercially impractical is not much use to anyone.
Which industries does the firm work in?
Across the client base: manufacturing, financial services (NBFCs, AMCs, insurance companies), technology and SaaS, real estate and construction, media and entertainment, retail and e-commerce, healthcare, logistics, hospitality, and not-for-profit organisations. The breadth matters because tax and compliance problems rarely respect industry boundaries — a single real estate deal might have GST, FEMA, stamp duty, and TDS dimensions simultaneously. A team that has seen all of them is more useful than specialists who have never spoken to each other.
What services does CNK RK & Co offer?
Direct Tax advisory and compliance, Indirect Tax (GST, Customs, FTP), Statutory and Internal Audit, Valuations, Business Advisory and Transaction Support, Governance Risk and Compliance, ESG reporting and assurance, Outsourced Finance and Accounting, IT audit and automation, CSR advisory, and dedicated practices for GIFT City (IFSC) and the UAE. Most engagements draw on more than one of these at once — which is why having them under one roof and one partner relationship matters.
How do I get in touch with CNK RK & Co?
The fastest route is the contact form on cnk-rk.co. You can also visit any of our offices across Delhi, Gurgaon, Mumbai, Chennai, Vadodara, Ahmedabad, GIFT City, Bengaluru, Pune, Kolkata, Chandigarh, Dubai, or Abu Dhabi. For career enquiries, write to careers@cnk-rk.co. We respond to all enquiries — and if the first person you speak to is not the right one for your matter, they will connect you to the partner who is.
Direct tax, GST and transfer pricing
What does the direct tax practice cover?
Everything from structuring a proposed transaction before it closes, to contesting an assessment order years after it did. The practice covers advisory opinions on complex tax issues, DTAA analysis, transaction structuring, ICDS implications, Safe Harbour Rules, POEM and BEPS advisory, Section 195 certification for foreign remittances, return filing and tax audits, Transfer Pricing documentation and APA negotiations, and representation before Income Tax authorities and the ITAT. The team also advises on the Income Tax Act 2025, which introduced significant changes to MAT, TDS frameworks, charitable trust taxation, and the search and seizure regime.
How does the firm handle GST and indirect tax?
GST is deceptively complex for businesses with multi-state operations, mixed supply profiles, or significant import-export activity. The Indirect Tax team covers transaction advisory, SVB matters, end-to-end compliance (registrations, e-invoicing, return filing, refund applications), GST health checks, departmental audit support, and litigation before GST authorities and the DGFT. Automated compliance solutions are built where manual processes have become a liability. Customs and Foreign Trade Policy advisory is part of the same practice — and often the same conversation.
Does CNK RK handle Transfer Pricing — and how seriously?
Transfer Pricing is one of those areas where getting it wrong is expensive and getting it right early is almost always cheaper. The firm handles benchmarking studies, Master File and Local File documentation, Country-by-Country Reporting, Safe Harbour Rule analysis, APA filings and negotiations, and representation in TP assessments and appeals. The practice is aligned with OECD BEPS standards and the Multilateral Instrument. Engagements have covered intra-group services, IP licensing, financial transactions, and complex intercompany supply chains.
Can CNK RK advise on the Income Tax Act 2025?
The Income Tax Act 2025 replaced a 65-year-old law that had been amended nearly 4,000 times. It is not a cosmetic clean-up — it introduces a restructured framework for charitable trusts, changes to MAT, new TDS provisions, significantly expanded search and survey powers, and a transition mechanism running two parallel regimes simultaneously for an overlap period. The firm has been tracking this from the draft stage and advises businesses and individuals on what changes, what the transition requires, and where planning opportunities exist. The full breakdown is on The Advantage, our updates page.
Does the firm advise on GAAR?
GAAR has been in force since FY 2017-18, and the tax department has grown more comfortable invoking it — particularly in restructuring and treaty-benefit contexts. The test goes to the main purpose of an arrangement: if the primary objective is a tax benefit with no meaningful commercial substance, the arrangement can be disregarded or recharacterised. CNK RK advises clients on GAAR exposure during transaction structuring — before a deal closes, not after. If you are looking at a structure and wondering whether it will survive GAAR scrutiny, that is a conversation worth having early.
Audit, risk and compliance
What types of audits does CNK RK conduct?
Statutory Audits under various Indian statutes, Internal Audits, Management Audits, GRC Audits, Special Audits and Investigations, IT Systems Audits, Concurrent Audits, compliance audits on behalf of regulators (SEBI, RBI, AMFI), and ISAE 3000-based assurance for ESG and BRSR reporting. The firm also assists multinational subsidiaries with foreign group reporting packs and IFRS to Indian GAAP reconciliations.
What is the firm's audit philosophy?
Risk-based, with genuine partner involvement. Every audit starts with a sound and pragmatic analysis of the industry and its peculiarities, followed by a customised work-plan and a detailed assessment of internal controls. Partners and seniors review and guide the engagement throughout, not just at sign-off. The approach centres on identifying the key commercial, operational, financial, and regulatory risks specific to that business, rather than running a generic checklist.
What does the Governance Risk and Compliance (GRC) practice cover?
Internal audits, GRC advisory, and management audits across industries; implementation support for Enterprise Risk Management, Internal Financial Controls, process re-engineering, data analytics, and cost/profitability optimisation studies; compliance reviews under FEMA, SEBI, IRDA, and listing regulations; IT systems audits, migration audits, and business continuity reviews; fraud vulnerability assessments and forensic audits; and review of anti-bribery and anti-corruption policies. Recommendations are backed by data and benchmarked against practices seen across other clients and industries, not generic templates.
Can CNK RK conduct forensic audits or fraud investigations?
Yes. The GRC practice includes fraud vulnerability assessments, fraud investigations, forensic audits, and related documentation, alongside review of anti-bribery and anti-corruption policy compliance. These engagements are handled with the same partner-led oversight as statutory work, given how sensitive and time-critical they typically are.
Business advisory, valuations and transactions
Does CNK RK help with business restructuring, mergers, and demergers?
Yes — the Business Advisory practice covers internal restructuring including mergers, demergers, slump sales, buy-backs, and capital reduction, both advisory and implementation. It also covers transaction advisory more broadly: commercial negotiation support, structuring, end-to-end deal support, review of transaction documents, and implementation. Exchange control advisory and representation under FEMA, and compliance under SEBI, NBFC regulations, and partnership/LLP law, sit within the same team.
Does the firm do company valuations and financial due diligence?
Financial valuations and due diligence are core to the Business Advisory practice, typically alongside a related transaction, restructuring, or ESOP design engagement. Tax due diligence for mergers and acquisitions is also handled by the Direct Tax and Indirect Tax teams as part of the same deal, so valuation and tax findings are reconciled by one coordinating partner rather than two disconnected reports.
Can CNK RK help design an ESOP scheme or plan succession for a family business?
Yes. ESOP design, advisory, and valuation is part of the Business Advisory practice, as is succession planning — a recurring need among the first-generation founders and family-owned businesses in our client base. Both are approached as commercial and governance questions first, with the tax and legal structuring built around the outcome the founders actually want.
Outsourcing, IT and ESG
Does CNK RK provide outsourced accounting and finance services?
Yes. The Outsourcing, Finance, Accounting and Tax Compliance practice covers bookkeeping and financial statement preparation, accounts payable/receivable, payroll processing with related TDS compliance, vendor payment processing, GST-compliant invoicing, fixed asset registers, and transaction processing for FIIs, SPVs, and liaison offices of foreign enterprises in India. It is commonly used by multinational subsidiaries and foreign companies that need a compliant back office in India without building one in-house.
What IT audit and automation services does the firm offer?
The IT Support practice spans three areas: risk assurance (general and application controls, data migration audits, cyber security assurance including VAPT, digital forensics, and regulatory IT audits); automation (workflow automation, MIS and dashboard process automation, ERP requirement analysis and post-implementation audits, and support for HIPAA/PCI-DSS/ISMS/SOC/SOX compliance); and data science (business intelligence dashboards, audit data analytics, and predictive analytics). It is usually engaged alongside a statutory or internal audit rather than as a standalone IT project.
Does CNK RK provide ESG and BRSR assurance?
Yes. The ESG practice sets up the process for collating environmental, social, and governance data, designs the ESG action plan and governance structure, defines function-specific KPIs, and provides ISAE 3000-based assurance on ESG data and BRSR reporting, including mapping disclosure requirements against SEBI's BRSR principles. Supply chain ESG review and validation is also covered. The team includes dedicated environmental consultants alongside the assurance professionals.
Can CNK RK help set up and run a company's CSR programme?
Yes. The CSR practice covers initial set-up — designing the CSR framework, policy, and annual action plan, including setting up a dedicated CSR arm; incorporation and registration support for a Section 8 company, trust, or society; and ongoing support including GRC services, documentation with implementing partners, fund utilisation monitoring, and CSR impact assessment and reporting.
GIFT City and UAE
Does CNK RK help businesses set up in GIFT City (IFSC)?
Yes — this is a dedicated practice. The firm supports initial feasibility assessment and evaluation of government incentives for setting up a unit in IFSC, selecting the right entity structure and obtaining registrations, licences, and LOAs under the applicable statutes, and ongoing assurance, GRC, and compliance audit work including IFC framework design and testing. Direct Tax and Indirect Tax advisory, compliance, and litigation support are available within the IFSC practice, along with virtual office and back-office support — accounting, HR, and manpower — for smaller entities getting started.
What services does CNK RK offer in the UAE?
The UAE practice covers audit and assurance, ESG reporting and assurance, GRC advisory, IT support and ERP implementation review, UAE Corporate Tax compliance and advisory, international taxation and Transfer Pricing consulting, UAE VAT compliance and e-invoicing support, financial due diligence, valuations, mergers and acquisitions, feasibility studies, Economic Substance Regulations advisory, and corporate structuring and incorporation services. It is run out of our Dubai and Abu Dhabi offices with the same partner-led approach as the Indian practice.