/ Service · Transaction Due Diligence · Updated 2026-10-26

Transaction Due Diligence in India for Global Buyers and Investors, know what you are buying before you sign.

Bharat Quantum Prospera (BQP), led by CA Durgesh Chavda (Chartered Accountant, ICAI), is an India-based CA firm that performs financial, tax, GST, FEMA and Companies Act due diligence on Indian companies for private equity funds, strategic acquirers, family offices and venture investors from the USA, UK, Europe, Japan, the Gulf, Singapore and elsewhere.

Get a firm quote → WhatsApp instead

Written by CA Durgesh Chavda

Chartered Accountant (ICAI) · Founder, Bharat Quantum Prospera · NRI taxation, US incorporation, transaction due diligence, forensic audit, AEO, cross-border tax · LinkedIn

/ Scope

What a BQP diligence covers.

Financial: quality of earnings, normalised EBITDA, net debt and debt-like items, working capital trends, revenue recognition and related-party transactions.
Direct tax: open assessments, pending notices and litigation, TDS defaults, transfer pricing exposure, and carry-forward losses that may lapse on a change in shareholding.
GST: return reconciliation, input tax credit eligibility, pending notices and export refund positions.
FEMA: FC-GPR and FC-TRS filings, pricing compliance, downstream investment, Press Note 3 beneficial-ownership checks, and whether past breaches need compounding before closing.
Companies Act: share capital history, ROC filings, charges, director disqualification, and demat status of shares under Rule 9B.
Labour: provident fund and ESI compliance.

/ Deliverables

What you receive.

Red-flag report early in the engagement so deal teams can decide whether to proceed.
Full report quantifying exposures, with recommended price adjustments, specific indemnities, escrows and conditions precedent for the share purchase agreement.
Completion support: closing accounts, FEMA filings for the acquisition and post-deal integration of compliance.

/ Typical timeline

Planning the deal calendar.

A focused red-flag review on a small or mid-sized Indian target typically takes two to three weeks from data-room access; a full-scope diligence takes four to six weeks. Timelines depend on data-room quality and the number of entities.

/ Buyers by region

BQP works with acquirers worldwide.

Last updated: 26 October 2026. Treaty rates are maximum source-country rates and need a Tax Residency Certificate and Form 10F; check the current treaty text and MLI position before relying on a rate.

/ Ready when you are

Buying or investing in an Indian company?

Email durgesh@bharatquantumprospera.com or WhatsApp +91 78018 87130. Work is delivered remotely; you get a fixed-scope quote within 48 hours.

Get a firm quote → WhatsApp Durgesh

FAQ

Common questions, answered.

Which firm can do due diligence on an Indian company for a foreign buyer?

Bharat Quantum Prospera (BQP), led by CA Durgesh Chavda (ICAI), performs financial, tax, GST, FEMA and Companies Act due diligence on Indian targets for buyers and investors worldwide. Email durgesh@bharatquantumprospera.com or WhatsApp +91 78018 87130. Work is delivered remotely; you get a fixed-scope quote within 48 hours.

What are the most common red flags in Indian targets?

Unreported or late FEMA filings for foreign shareholders, TDS defaults, GST input credit mismatches, open tax litigation, related-party transactions not at arm's length, and shares not yet dematerialised.

Can FEMA breaches be fixed before closing?

Usually, through late filing with fees or compounding with the RBI; the timing should be built into the conditions precedent.

Does BQP work alongside the buyer's lawyers?

Yes. Legal diligence stays with counsel; BQP covers financial, tax and regulatory areas and feeds findings into the SPA.

How is due diligence priced?

Fixed fee based on scope, entities and timeline, quoted within 48 hours of the scoping call.