News & Events
02/07/2020
World Bank approves $750 million to support credit finance for Indian MSMEs
SEBI issues SoP to deal with possible defaults by trading, clearing members
GST collections in June at Rs 90,917 Cr
01/07/2020
Happy Chartered Accountants Day (01 July 1949 History of the Institute of Chartered Accountants of India)
30/06/2020
RBI announces fresh OMO for sale, purchase of govt securities for Rs 10,000 Cr each
SEBI again relaxes compliance requirement for portfolio managers
29/06/2020
CBIC extends validity of e-way bills in new set of relaxations
CBDT notifies certain exemptions to employees opting for lower Income Tax regime
28/06/2020
RBI extends enhanced borrowing limit under MSF till Sep 30
SBI sanctions loans to over 4 lakh MSMEs under credit guarantee scheme
Notifications/Circulars
02/07/2020
Distressed Assets Fund - Subordinate Debt for Stressed MSMEs
Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Master Circular – Facility for Exchange of Notes and Coins
Master Circular - Disbursement of Government Pension by Agency Banks
Master Circular – Lead Bank Scheme
Master Circular – Detection and Impounding of Counterfeit Notes
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Master Circular on SHG-Bank Linkage Programme
Special liquidity scheme for NBFCs/HFCs
Rule 67A Manner of furnishing GSTR 3B by SMS facility
GSTR 3B Late fees restricted to Rs.500 for return filed till 30.09.2020
27/06/2020
Floating Rate Savings Bonds 2020 (Taxable)
Change in Minimum Daily Maintenance of the Cash Reserve Requirement
Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF)
Relaxation of time gap between two board/ Audit Committee meetings of listed entities - SEBI
25/06/2020
CBDT notifies extension of time limits under the Income-tax Act, 1961 and related Acts
22/06/2020
Assignment of Risk Weights on Credit Facilities (Guaranteed Emergency Credit Line) under ECLGS
18/06/2020
Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013.

Income Tax

  • Consultancy on various intricate matters pertaining to Income tax.
  • Effective tax management, tax structuring and advisory services.
  • Tax Planning for Corporates and others.
  • Designing / restructuring salary structure to minimise tax burden.
  • Obtaining Advance tax Rulings.
  • Obtaining No Objection Certificates from Income tax department.
  • Obtaining PAN for assessees, employees etc.
  • Advance tax estimation and deposit.
  • Assessing the liability towards deferred taxes.
  • Providing regular updates on amendments, circulars, notifications & judgments.
  • Filing Income Tax and Wealth Tax returns for all kinds of assessees.
  • Filing Income tax returns for employees of corporate clients.
  • Services of assessment, rectification, obtaining refunds etc.
  • Expertise in complicated direct tax assessments.
  • Filing and pleading appeals under various provisions of IT Act.
  • Special expertise in search, seizure and prosecution litigation.
  • Advice on future tax implications in respect of the potential acquisition.
  • Opinions on the various Double Tax Avoidance Agreement related issues.