Profile of Key Personnel
CA Prasenjit Paul, FCA, DISA, CCCAB, AICA
Founder & Managing Partner
Paul & Associates, Chartered Accountants
Mr. Prasenjit Paul is a Fellow Member of the Institute of Chartered Accountants of India (ICAI), having qualified as a Chartered Accountant in 2010. With over 15 years of post-qualification experience, he brings a wealth of expertise and strategic insight across diverse areas of finance, accounting, taxation, and project advisory services.
Before founding Paul & Associates, Mr. Paul held key roles in prominent organizations, including LIC Housing Finance Ltd., New Delhi, where he was associated with the Project Finance Department, and PAE Ltd. as a Regional Accountant. These roles enabled him to develop a strong foundation in corporate finance, real estate funding, and financial risk analysis, further enriching his professional acumen.
Core Areas of Expertise:
- Deal Structuring & Underwriting
Specialized in structuring and underwriting complex corporate and construction finance proposals, Mr. Paul has successfully managed financial arrangements involving high-value real estate and infrastructure projects. His approach includes meticulous project appraisal, risk evaluation, and compliance with regulatory frameworks. - Project Finance & Due Diligence
He has conducted comprehensive client, property, and project due diligence involving legal, financial, and operational assessments. His deliverables often include detailed process notes with financial analysis, cash flow forecasting, and feasibility studies to support informed decision-making by stakeholders and lenders. - Accounting & Taxation
With hands-on experience in core accounting practices and tax advisory, he provides tailored solutions in both direct and indirect taxation, ensuring clients’ statutory obligations are met with strategic tax efficiency. - Audit & Assurance
Mr. Paul has acquired significant experience in Statutory and Internal Audits for some of the largest companies in India. His work has spanned across financial reporting compliance, internal control assessments, and operational audits in complex business environments.
Industry Exposure:
Over the course of his career, Mr. Paul has served a diverse range of industries, enabling him to bring industry-specific insights to client engagements. His sectoral experience includes:
- Infrastructure Development Companies
- World Bank-Funded Livelihood Projects
- Food Product Distribution Industry
- Cement Industry
- Construction Industry
- Distribution & Logistics
- Real Estate & Property Development
- Housing Finance & Mortgage Lending
Professional Approach:
Known for his analytical mindset, detail-oriented execution, and solution-driven approach, Mr. Prasenjit Paul combines technical expertise with business understanding to deliver customized, practical, and value-driven professional services. His leadership continues to guide Paul & Associates in its mission to provide high-quality financial and compliance solutions to businesses across India and beyond.
CA Sourav Basu
Co-Founder & Managing Partner
Paul & Associates, Chartered Accountants
Mr. Sourav Basu is a seasoned finance professional with over 10 years of post-qualification experience in accounting, audit, taxation, and statutory compliance. A graduate of the prestigious St. Xavier’s College, Kolkata, he has built a diverse and dynamic career across multiple industries and functional domains, delivering high-quality professional services with precision and integrity.
Before joining Paul & Associates, Mr. Basu held key positions in OSL Exclusive Pvt. Ltd. (a group company of Orissa Stevedores Ltd) and Volkswagen Kolkata, where he was actively involved in the Taxation Department. His exposure to both corporate finance and operational compliance has given him a well-rounded understanding of the business ecosystem and the evolving regulatory framework.
Areas of Expertise:
- Accounting & Financial Reporting
Expertise in maintaining books of accounts, preparation and finalisation of financial statements in accordance with applicable accounting standards and statutory guidelines. - Audit & Assurance Services
Proven experience in conducting Internal Audits, Statutory Audits, Tax Audits, and VAT Audits across a wide range of organizations, ensuring compliance and internal control effectiveness. - Indirect Taxation & Regulatory Compliance
Skilled in handling various matters relating to GST, VAT, Profession Tax, and other indirect tax obligations, including return filing, audit preparation, and advisory on compliance strategies. - Software Proficiency
Advanced working knowledge of Tally ERP 9, as well as specialized software tools for Income Tax, Provident Fund, ESI, and other statutory platforms, enabling smooth and accurate compliance management.
Industry Exposure:
Mr. Basu’s professional journey spans a wide array of sectors, contributing to his practical insights and sector-specific knowledge. Industries he has worked with include:
- Municipal Corporations
- Jewellery Manufacturing and Retail
- Infrastructure Development Companies
- Security Services Agencies
- World Bank-Funded Livelihood Projects
- Non-Governmental Organizations (NGOs) and Charitable Trusts
- Special Economic Zone (SEZ) Developers
- Knowledge Process Outsourcing (KPOs)
- Healthcare and Hospitals
- Automobile Industry (including premium automotive brands)
Professional Ethos:
Mr. Sourav Basu is known for his meticulous approach, reliability, and hands-on problem-solving abilities. His commitment to quality service and continual professional development makes him a key asset to the firm. He continues to support Paul & Associates in delivering insightful financial solutions and compliance services tailored to each client’s unique needs.