Chartered accountants currently offer clients with legal and financial documents, including the advice of agreements and deeds, in addition to their typical auditing and taxation services. But the question that frequently comes up is: How much can a Chartered Accountant ( CA ) charge for these services?
The Institute of Chartered Accountants of India (ICAI) has established suggested fee schedules for a range of professional services. Although these suggestions are not legally binding, they provide professionals and clients with helpful direction to guarantee fee transparency and equity.
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Particulars | Class A Cities | Class B Cities | Class C Cities | |
a. | i) Partnership deed | 15,000/- & above | 10,000/- & above | 8,000/- & above |
ii) Partnership Deed (With Consultation & Tax Advisory) | 20,000/- & above | 15,000/- & above | 10,000/- & above | |
b. | Filling of Forms with Registrar of Firms | 7,000/- & above | 5,000/- & above | 3,000/- & above |
c. | Supplementary / Modification in Partnership Deed | 12,000/- & above | 9,000/- & above | 6,000/- & above |
d. | Joint Development Agreements / Joint Venture Agreements | 12,000/- & above (see note 1) | 12,000/- & above (see note 1) | 12,000/- & above (see note 1) |
e. | Others Deeds such as Power of Attorney, Will, Gift Deed etc. | 5,000/- & above | 4,000/- & above | 3,000/- & above |
Note 1: Fees to be charged depending on the complexity and the time spent on the particular assignment.
Also read: GST Registration and Other related Services: Know Minimum Fee Recommended by ICAI to CAs
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