About Us
Chauhan Associates & Insurance Broker is a reputed finance service provider firm in INDIA, actively engaged with team of highly qualified, experienced and motivated professionals to provide complete solution of GST, Income Tax, Accounting & Insurance Services.
Our endeavour is to provide quality, expert professional services tailored to the clients requirements efficiently, intelligently and transparently by closely studying the details provided by the clients. We provide services in a practical, innovative manner with due care and diligence.
Our firm has a comprehensive team of professionals with solid regulatory and professional knowledge and strong business acumen. Our team comprises of Chartered Accountants, Subjected Matter Technical Expert-Engineers, Lawyers and Financial Management Experts who have vast experience, Innovative Ideas and Knowledge in providing multi-disciplinary services in various fields including –
- Insurance & Claim settlement
- GST & Other Licence Registrations
- Income & Commercial Tax
- Company law matters and Business Setup
- Accounting and Audits
- Financial Advice with appropriate Acts
We offer personalized coverage through a streamlined policy selection process, which ensures a balance between premium cost and benefits. Our commitment to your satisfaction is evident with timely renewals and faster claim settlement. With 24×7 support and transparent operations, we prioritize quick responses. Through continuous policy improvements, we effectively mitigate potential risks. We offer comprehensive and competitive insurance solutions for your financial security and utmost satisfaction. Our customers trust us blindly for transparency and peace of mind.
Our team has a unique ability to provide our clients with customized and appropriate solutions according to their needs in effective cost. Our team studies the needs of our clients and finds the best insurance plan for them. Developing a special relationship with our clients forms the basis of our approach. No wonder many of our clients have been with us for decades. Most of our new clients come to us on the clear recommendation of others – a clear proof that our combination of skills, commercial & financial awareness and standards of service meet our clients ever-increasing expectations.
How it started
Chauhan Associates & Insurance Broker was founded by Advocate Bhim Singh Chauhan in the year 1996. His aim is to provide better advice and faithful work with transparency in their field and to make people aware about Income & Commercial Tax, insurance and to mitigate financial Risk.
We started to providing only Commercial Tax, Income Tax and Accounting services and our insurance partner was only LIC, India’s largest Life Insurance Company.
Our Present
Today, we are serving taxation and insurance to more than 7000 customers across India and selling the best insurance plans from the top insurance companies of the country and legally advising corporates and individuals on government schemes, Acts and government regulated tax benefits.
20+ insurance companies are our direct partner. We have sold more than 15 thousand policies since inception and this number is increasing.
We have a team of professionals with sound knowledge and strong business acumen. Our team comprises of Chartered Accountants, B.Tech. (Engineer), Lawyers and Financial Management Experts who have vast experience in providing multi-disciplinary services in various fields including Insurance and Claim Settlement Services, Financial Advisory, Income Tax and Commercial Tax Consultancy, Accounting Consultancy, GST Consultancy, Company Law Matters and Business Setup.
We have a separate dedicated legal team that works on REJECTED and SHORT-SETTLED claims.
we are serving taxation and insurance
the best insurance plans from the top insurance companies of the country and legally advising corporates and individuals on government schemes, Acts and government regulated tax benefits.
OUR INSURANCE PARTNERS
20+ insurance companies are our direct partner.
Our Vision
Although we are pleased that many of our customers have been with us from the starting, most of our new clients come to us on the clear recommendation of others – a clear proof that our combination of skills, commercial & financial awareness and standards of service meet our clients ever-increasing expectations, we know there is still a lot of work to be done.
We want people across the country to understand insurance, taxes, tax related government benefits, Acts & correct calculation of income tax & Commercial Tax to avoid future financial challenges and income tax and commercial tax queries. We will provide our customers with financial security with a best insurance policy tailored to their needs and eliminate any potential financial risks they may face in the future.
Our Value
- Timely support & assistance after sales and service.
- Innovative Ideas, Behaviour and communication.
- We trust each other and have fun winning together.
- Timely reminders for insurance renewal to maintain continued protection of loved ones.
- Timely reminder for Income Tax Return and GST Returns.
- Maintain Long term relationship to interested parties.
- Our team keeps improving continuously according to future technologies.
- Focus on complete the needs of customer and eliminate their Financial Risk.
- Informing customers about new Schemes, New Insurance Plans & New Rules/Acts from time to time
- Safe and learning-friendly work environment.
Our Mission
Our mission is to deliver comprehensive legal solutions to our clients and the best insurance for their future needs, ensuring clarity, security and success in their business endeavours. We stand on our foundation of ethical practice and open communication. It’s not just about solving problems; it’s about empowering your success every step of the way.
We aspire to create a health and financial safety net for more and more families in India in the coming years.
Our AIM
- To be the No.1 Indian Charted accounted, legal and Insurance firm by delivering quality solutions in professional and time-bound manner.
- None of our customers and their families will face any financial crisis in future due to any unpleasant incident.
- No genuine claim of our customers should be rejected or short approved.
Why Choose Us?
- Team of Industry Experts.
- Best Quotation guaranteed
- Dedicated Support Team 24×7
- No need to wait in the customer care queue for assistance
- Fast, Efficient & Quality Services
- Compare multiple insurance policies from top companies in India.
- Expert Dedicated Legal team for rejected and short amount approved claim.
- Direct Agency with top insurance companies
- All financial needs completed under one roof.
Highlights of CAIB
- From promise to claim, always with you.
- Your savings today will secure your tomorrow.
- Leading insurers for your financial freedom.
- Ensuring a balance between cost and benefits
- Well educated, experienced & Knowledgeable team who have expertise in their field.
- Insurance provided after discussion with an educated financial Expert to Eliminate the Potential financial risk and saving for future.
- We cover your expenses to make future secure.
- Our aim is not to make you rich but to save you from becoming poor due to any unpleasant incident.
- The team keeps itself updated with the latest technology, new government regulations and legal advisory through training sessions.
What Our Clients Say
Thanks Chauhan Associates for my ITR Filing queries have been addressed and processed the request promptly.
Rohit Das
Excellent work and frequent updates throughout the services of making my GST certificate . Thank you Chauhan associates!
Deepika Panday
I am satisfied made the process seamless and ensured the efficient completion of the ADT-1 filing services simple and easy.
Ali Arshad
OUR TEAM
Adv. Bhim Singh Chauhan
Founder
M.Com., LL.B
Experience – 30+ Years
Taxation & Financial Advisor
Garima Agarwal
Chartered Accountant
Experience – 10+ Years
Devesh Chauhan
B. Tech, LL.B.
Experience – 8+ Years
Subjected Technical & Claim Expert
Frequently Asked Questions
Income Tax Related
Answer – ITR stands for Income Tax Return. It is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the Income-tax Department. It also allows carry -forward of loss and claim refund from income tax department.Different forms of returns of income are prescribed for filing of returns for different Status and Nature of income.
Under the Iincome-tax Law, different forms of returns are prescribed for different classes of taxpayers. The return forms are known as ITR forms (Income Tax Return Forms). The forms of return prescribed under the Income-tax Law for filing of return of income for the assessment year 2024-25 (i.e., financial year 2023-24) are as follows:
Return Form | Brief Description |
having total income up to Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income up to Rs.5000 | |
It is applicable to an individual or an Hindu Undivided Family not having income chargeable to income-tax under the head “Profits or gains of business or profession” | |
It is applicable to an individual or a Hindu Undivided Family who has any income chargeable to tax under the head business or profession | |
Also known as SUGAM is applicable Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE. | |
This Form can be used by a person being a firm, LLP, AOP, BOI, artificial juridical person referred to in section 2(31)(vii), cooperative society and local authority. However, a person who is required to file the return of income under section 139(4A) or 139(4B) or 139(4C) or 139(4D) shall not use this form (i.e., trusts, political parties, institutions, colleges) | |
It is applicable to a company, other than a company claiming exemption under section 11 (exemption under section 11 can be claimed by charitable/religious trust). | |
It is applicable to a persons including companies who are required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) (i.e., trusts, political parties, institutions, colleges). | |
It is the acknowledgement of filing the return of income. |
ITR return forms are attachment less forms and, hence, the taxpayer is not required to attach any document (like proof of investment, TDS certificates, etc.) along with the return of income (whether filed manually or filed electronically). However, these documents should be retained by the taxpayer and should be produced before the tax authorities when demanded in situations like assessment, inquiry, etc.
As discussed above, no documents are to be attached along with the return of income, however, in case of a taxpayer who is required to furnish a report of audit under section 10(23C)(iv), 10(23C)(v), 10(23C)(vi), 10(23C)via), 10A, 10AA, 12A(1)(b), 44AB, 44DA, 50B, 80-IA, 80-IB, 80-IC, 80-ID, 80JJAA, 80LA, 92E, 115JB or 115VW or to give a notice under section 11(2)(a) shall furnish it electronically on or before the date of filing the return of income.
The excess tax can be claimed as refund by filing your Income-tax return. It will be refunded to you by crediting it in your bank account through ECS transfer. The department has been making efforts to settle refund claims at the earliest.
If a person after furnishing the return finds any mistake, omission or any wrong statement, then return should be revised within prescribed time limit.
A return can be revised at any time 3 months before the end of the Assessment Year or before the completion of the assessment; whichever is earlier.
If original return has filed in paper format or manually, then technically it cannot be revised by online mode or electronically.
Revised return can be filed online under section 139(5).
Insurance Related
Insurance is a method of risk management where you transfer your risk to a common pool of people who are facing similar risk. This is called risk transfer. This the most economical system of risk management.
If you are responsible and generating income for many people who are dependent on your income then you must insure self and assets. If you love your family then you do not have any choice.
At least 10 times of your current income which means that your family would get money to survive for 10 years. In Health Insurance, go for sum assured equivalent to your one-year income. In general Insurance, depreciated value of asset must be insured.
In life insurance, you need to take a Term Insurance then supplement it with saving plans linked to your financial goals. Term would protect your family and saving plans would have a guaranteed fulfillment of purpose in case of death.
You must add Accidental Death and disability cover. You must also go for critical illness cover. Probability of occurrence of these events are higher than that of death. Hence these riders are absolute must.
Always be honest and all disclosures. Prevention is better than cure. Hence give all declarations. Read policy terms and conditions. Get it quality checked through Insurance Samadhan. Try to fill the form. Renew your policy in time. Give self instruction in bank / credit card rather using ECS of Insurance Company.
If you earning then do not waste any time in protecting future of your loved ones. Do not waste time in looking for best. All companies are regulated by IRDA and all products are approved by IRDA.
All insurance Companies have call centers and you can always reach them or visit Branch office of Insurance Company.
Insurance Regulatory Development Authority is a Govt of India body to protect interest of Policy holders. In case of any problem , you can approach IRDA through IGMS.
IRDA has provided Insurance Ombudsman located at many capital towns to handle customer grievances. Any decision of Ombudsman is binding on Insurance Company.