Net worth, turnover, tender, export realisation and statutory income tax certifications — issued by a practising Chartered Accountant and secured with a Unique Document Identification Number that the recipient can verify online in seconds.
Banks, embassies, tender authorities and government departments do not read your certificate as an opinion. They read it as an assurance from a professional who carries liability for it. That is the entire value of the document, and it is why the identity of the signatory matters more than the format.
Since 2019, ICAI has required every certificate signed by a practising Chartered Accountant to carry a Unique Document Identification Number — an eighteen-digit UDIN generated on the Institute's own portal. Anyone holding your certificate can enter that number at udin.icai.org and confirm, in seconds, that a real member issued it on the date stated.
This has a practical consequence worth knowing. If someone offers you a certificate without a UDIN, or with one that does not verify, the receiving authority can and increasingly does reject it. Every certificate we issue is generated with a UDIN within the sixty-day window ICAI allows, and we give you the number alongside the document.
The recipient checks the UDIN independently on the ICAI portal. Nothing depends on trusting a letterhead.
A certificate is issued against examined records — books, bank statements, returns, confirmations. We retain the file, which matters if the certificate is ever questioned.
A bank, an embassy and a tender authority each want different wording. Using the wrong template is the most common reason a certificate is returned.
A Chartered Accountant is answerable to ICAI for what they certify. That accountability is precisely what the receiving institution is relying on.
Certification work is far broader than most business owners realise. These are the certificates we issue most often, with the purpose each one usually serves.
| Certificate | Typically Needed For | Basis of Certification |
|---|---|---|
| Net Worth Certificate | Visa and immigration, tender qualification, bank finance, director or partner solvency | Audited or certified balance sheet, asset valuations, loan confirmations |
| Turnover Certificate | Tender eligibility, subsidy claims, working capital limits, MSME classification | Audited accounts, GST returns and books of account |
| Solvency Certificate | Tender EMD, government contracts, bank guarantee applications | Net worth computation and liability confirmation |
| Export Realisation Certificate | DGFT incentive claims, export promotion council filings, RoDTEP and duty drawback | Bank Realisation Certificates, FIRCs, shipping bills and e-BRC data |
| Form 15CB | Any foreign remittance requiring certification under Section 195 read with Rule 37BB | Nature of remittance, DTAA position, TDS applicability and rate |
| Fund Utilisation Certificate | Government grants, CSR funding, subsidy disbursement, donor reporting | Sanction letter, expenditure records and bank statements |
| Capital Contribution Certificate | Partner or director capital verification, LLP filings, bank credit | Capital account and supporting bank records |
| Stock and Debtors Certificate | Cash credit and overdraft limits, drawing power computation | Stock statements, ageing analysis and ledger verification |
| Fixed Capital Investment Certificate | Industrial subsidy claims under state policy, incentive disbursement | Fixed asset register, invoices, payment proof and installation evidence |
| Share Valuation Certificate | Share transfers, fundraising, FEMA reporting under Rule 11UA | Net asset value or discounted cash flow, as applicable |
| GSTR-9C Reconciliation | Annual GST reconciliation once turnover crosses the prescribed limit | Audited financial statements reconciled to GST returns |
| No Dues and Source of Funds | Loan closure, property purchase, remittance support, regulatory queries | Ledger confirmation and documentary trail |
Several provisions of the Income-tax Act require a report or certificate signed by a Chartered Accountant before a deduction can be claimed or a payment made. These are not optional formalities — the claim usually fails without the form.
| Form | Section | Purpose |
|---|---|---|
| Form 3CA-3CD / 3CB-3CD | 44AB | Tax audit report, where turnover or receipts cross the prescribed limit |
| Form 15CB | 195 / Rule 37BB | Certification of a foreign remittance and the tax withheld on it |
| Form 29B | 115JB | Certification of book profit for Minimum Alternate Tax |
| Form 3CEB | 92E | Report on international and specified domestic transactions |
| Form 10B / 10BB | 12A(1)(b) | Audit report for trusts and institutions claiming exemption |
| Form 10CCB | 80-IA / 80-IB / 80-IC | Audit report supporting infrastructure and undertaking deductions |
| Form 56F | 10AA | Report for units claiming a Special Economic Zone deduction |
| Form 10DA | 80JJAA | Report on additional employee cost for the employment deduction |
| Form 3CE | 44DA | Report on royalty or fees for technical services received by a non-resident |
These two come up constantly among Vadodara businesses, and both are commonly prepared badly.
Required when claiming DGFT benefits, filing with an export promotion council, or supporting RoDTEP and duty drawback claims. It certifies that export proceeds have actually been realised, and is built from your e-BRC data, FIRCs, shipping bills and bank credit advices. The common failure is a mismatch between shipping bill value and realised value, which needs explaining in the certificate rather than ignoring.
Government and PSU tenders typically ask for turnover for the last three financial years, net worth as at a cut-off date, and sometimes a solvency certificate, each in the tender's own prescribed format. Bids are routinely disqualified for using a generic format or certifying to the wrong date. Send us the tender document, not just the request — the wording requirement is usually buried in the eligibility annexure.
A certificate for a visa officer reads differently from one for a tender authority. If a prescribed format exists, send it — it decides everything that follows.
You get a specific document list rather than a generic one, so nothing stalls halfway through.
Books, bank statements, returns, registers and third-party confirmations are examined. This is the part that gives the certificate its weight.
Prescribed format where one exists; otherwise wording aligned to what the recipient will accept.
The certificate is signed and a UDIN generated on the ICAI portal. You receive the certificate and the number together.
If the recipient raises a query, we respond with the working papers behind the certificate rather than reissuing blindly.
Net worth, turnover, tender, export realisation, Form 15CB or a statutory income tax form — tell us the recipient and the purpose and we will confirm the format, the documents and the timeline.
204, Pavan Complex, Jetalpur Rd, Vishwas Colony, Vadiwadi, Vadodara, Gujarat 390007