Financial Advisory Services Tax Litigation and Advisory Firms in India


	History

	S.R. Dinodia & Co. was established in April 1952 as a tax litigation and advisory firm. It has since expanded to cover a wide array of assurance and other financial advisory services. It has consistently ranked amongst the top professional advisory firms in India and has a well established reputation for delivering quality and excellence in all its services.

	The evolution of S.R. Dinodia & Co. can be broadly divided into four stages:

	Birth to 1960’s - Carving a position among the lead taxation compliance, litigation & advisory firms.

	The firm was founded by Mr. S.R. Dinodia based on the beliefs of professional excellence and integrity. In its early years the focus of the practice was offering a wide array of taxation services to corporates and individuals.

	Decade of the 1970’s - Growth through consolidation and innovation

	The era of the 1970’s was marked by the induction of a new partner into the firm, Mr. Pradeep Dinodia. He represented the next generation of the family, and brought with him new ideas for growth of the existing traditional tax practice. Through innovation and consolidation the focus of the firm shifted from personal taxation to corporate taxation.

	Decade of the 1980’s to the new millennium - New opportunities, initiatives and challenges

	The Decade of the 1980’s saw a sea of change, the firm opened an Auditing Division with the addition of yet another member of the family, Mr. Sandeep Dinodia. The size of firm soon increased with the hire of skilled professionals and a constantly expanding practice. The Auditing Division soon grew to a stage where it had to be split into various smaller divisions, which were re-christened Assurance Services and Management Assurance Services In 1990’s with the liberalization of the Indian economy, the partners at S.R. Dinodia & Co. realized that the need for every business would soon be advisory services in the legal and financial field. Thus, with the turn of the century the Legal and Financial Advisory Division of the firm was started.

	The New Millennium –Technological advancement, diversification and change

	The firm recognized that technological advancement and change would be imperative for its growth and survival in the face of competition that was faced from multinational companies, which were now allowed to compete in the Indian markets. The firm saw the need for an Information systems expert, and the traditional assurance focus shifted to auditing paperless environments. The firm increased its focus on newer areas like Mergers and Acquisitions, De-mergers, Transfer Pricing etc., giving the firm an ability to compete globally. The firm has increased its bandwidth by becoming an affiliate of MGI worldwide, giving it the ability to maintain its independence yet giving it the global edge to enable it to service its clients on a global platform.