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MNRS & AssociatesChartered Accountants, New Delhi

Chartered Accountants Audit, Tax and Cross-Border compliance

We help Indian residents, NRIs, foreign investors and Indian businesses handle RBI regulations, cross-border transactions and accurate FEMA filings, with integrity, precision and expertise.

Pioneer in auditing and financial services for over two decades. ISO 9001 certified.

What we do

Each service area is coordinated by a named partner who looks after your business end to end.

Audit and Assurance

Comprehensive audit and assurance services that give you accuracy, compliance and peace of mind.

  • Internal Audit
  • Statutory Audit
  • Inventory Audit
  • Limited Review
  • Due Diligence
  • Information System Audit
  • Forensic Audit
  • Propriety Audit
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Tax and Regulatory

Expert tax and regulatory services tailored to your business, so complex rules stay manageable.

  • Income Tax
  • Tax Audit
  • Transfer Pricing
  • International Taxation
  • FEMA Compliances & Advisory
  • Foreign Trade Policy
  • NRI Services
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Business Setup Services

Turn your plans into a working business with guidance at every step towards a smooth, hassle-free launch.

  • Setup in India by Residents
  • Setup in India by Non-Residents
  • Setup outside India
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Compliance and Advisory

We simplify complex laws, ensure timely compliance and give you strategic insight, so compliance becomes a business advantage.

  • Company Formation
  • LLP Formation and Management
  • Ind AS / IFRS Implementation
  • Financial Reporting
  • Private Trust Formation & Management
  • Transaction Advisory
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Services to Non-Residents

Expanding across borders? With expertise in international taxation and FEMA, we help non-residents run cross-border operations smoothly and in compliance.

  • Non-Resident Indians (NRI)
  • Foreign Entity
  • Foreign Nationals
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Performance Optimization

Improve efficiency and unlock the full potential of your business.

  • Project and Working Capital Finance
  • Business Process Re-engineering
  • Management Information System (MIS)
  • Shared / Virtual CFO Services
  • Internal Control System
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Start Up Advisory

Practical advice for founders, from structure to compliance.

  • Start Up Advisory
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Industries we serve

Our clients include multinational corporations, joint ventures, domestic private and limited companies, government-owned entities and individuals. Each gets individual attention, because the best solution is rarely the same for two businesses.

E-Commerce

Track financial transactions and comply with GST, income tax and other regulations.

Hospitality

Keep accurate records and prepare financial statements that support better decisions.

Logistics

Maintain accurate books and financial statements under several regulatory requirements.

Banking and Finance

Meet multiple Government and Reserve Bank of India compliance requirements.

Retail

Track transactions, maintain books of account and meet regulatory requirements for retail and FMCG.

Energy

Handle complex financial transactions in a sector that depends heavily on financial management.

Who we are

MNRS & Associates traces its roots to 2002, when CA Sandeep Khandelwal founded Sandeep K. Khandelwal & Co., a boutique practice focused on taxation and regulatory work. Over the years the firm earned a strong reputation for its problem-solving approach, ethical foundations and deep technical expertise.

To serve clients more comprehensively, four established CA firms, each specialising in areas such as audit, direct taxation, indirect taxation, FEMA advisory and corporate consulting, merged to form MNRS & Associates. The result is one team with complementary strengths and partner-level involvement in every engagement.

ISO 9001: 2008 Certified
Read our full profile
  1. 2002

    CA Sandeep Khandelwal founds Sandeep K. Khandelwal & Co., a boutique practice focused on taxation and regulatory work.

  2. The merger

    Four established CA firms, covering audit, direct and indirect taxation, FEMA advisory and corporate consulting, merge to form MNRS & Associates.

  3. Today

    One multidisciplinary team delivering end-to-end solutions with partner-level involvement.

Why choose MNRS & Associates

Diverse project experience

Our range across audit, tax, regulatory and advisory work means you can work on varied projects and gain broad experience and exposure.

Client-centric approach

Each client is assigned a partner who coordinates all aspects of their needs. This keeps delivery seamless and lets the team understand your business deeply.

Teamwork and support

We value collaboration and open communication. Experienced professionals mentor and guide the team, supporting growth and success.

Continuous learning

We invest in ongoing professional development through training programs, workshops and support for professional certifications.

Recognised for quality

Our quality of work has been recognised by institutions including the Institute of Chartered Accountants of India. We do in-house study and research on International Taxation, FEMA, GST, Transfer Pricing and Audit, including internal, statutory, tax and forensic audit. We also provide business consultancy, Treasury Management services, Income Tax assessments and GST assessments.

Meet our team

Our partners and associates, together with empanelled experts, handle professional assignments at MNRS.

SK

CA Sandeep Khandelwal

B.Com, FCA | Founder Partner

Founder partner of MNRS & Associates and a senior Chartered Accountant with 20+ years of experience.

NK

CA Neeraj Kumar Agarwal

B.Com, FCA | Founding Partner

Fellow Chartered Accountant, practising member of the ICAI and one of the founding partners of MNRS & Associates.

RA

CA Raghav Agrawal

ACA

A young Chartered Accountant passionate about the auditing profession, bringing a fresh view to the firm.

SA

CA Sukhvinder Arora

B.Com, FCA

Fellow member of the ICAI with over 18 years of post-qualification experience in advisory services.

AG

CA Aman Gupta

B.Com, ACA | GST

Chartered accountant with more than 8 years of professional experience. Core practice area: GST.

AK

Mr Amit Kumar Gupta

B.Com, M.Com, MBA, LLB

MBA-Finance professional and LLB with more than 12 years of experience.

SK

Mr Sujeet Kumar Sah

MBA Finance

MBA-Finance from Jaipur National University with 10+ years of experience.

Global Hub

Country-specific guidance for doing business between India and our network countries.

United Kingdom – IndiaSingapore – IndiaEuropean Union – IndiaJapan – IndiaDubai - India

Latest from our blog

Acquisition of Property Outside India through EMIs: FEMA Perspective and Practical Caution

Sale of Agricultural Land in India: Capital Gains Tax, Exemptions and Practical Guidance for Residents, NRIs and OCI Card Holders

SM-REITs in India: A Comprehensive Guide to SEBI's Small & Medium REIT Framework

Infosys Buyback 2025

Tell us what you need

Send an enquiry and a partner will get back to you, or book a free 30-minute consultation.

I-35B, 1st and 2nd Floor,
Central Market, Lajpat Nagar-2,
New Delhi-110024, India
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+91-11-46502975

+91-9313010417
inquiry@mnrsindia.com