Prakash & Thiagarajan:Expert CA Firm in Bangalore

Comany Services

We Provide Most Exclusive Service For Business

Audits

Statutory/ Tax/ Internal/ VAT/ GST/ Statutory Compliance/Concurrent Audit

Accounting/Outsourced CFO Services

Maintaining of Books of Records of various clients from our facility

Goods and Service Tax

Conduct GST Compliance Review,. Suggest Industry Specific Tax Planning

Customs

Obtain EPCG License, Redeem EPCG License, Obtain/Modify IEC Numbers

Direct Taxes

Proactively guide the client with reference to changes in Tax Provisions and its implementation.

Labour Laws

PF, Prepare Monthly Challan., Prepare and File Monthly returns, File Nomination form

News &

Due Date Reminder

News

21 Nov 25
CBDT Chief: Centre to Notify New Income Tax Return Forms by Jan 2026
Allahabad HC: ITAT Must Record Reasons Before Rejecting Adjournment and Passing Ex-Parte Orders
Allahabad HC: Tax Penalty U/S 129 Not Sustainable If GST E-Way Bill Was Generated Before Interception
GSTN Issues Advisory on Mandatory Furnishing of Bank Account Details Under Rule 10A
20 Nov 25
Capital Gains Tax Relief Process Simplified Under New 2025 Amendment Scheme
CBDT Expands Capital Gains Account Scheme: 19 More Banks Authorised Nationwide
Bombay HC: Finance Act Section 74 Cannot Be Used to Reassess Service Tax Liability
Gujarat HC: Challenge to GST Section 16(2) Mandating ITC Reversal If Payment Not Made Within 180 Days
Kerala HC: No Restoration of Cancelled GST Registration Just to Claim ITC Benefit U/S 16(6)
Calcutta HC Allows Condonation of Minor Delay in GST Appeal, Citing Satisfactory Explanation by Petitioner
19 Nov 25
CBIC Unveils New ICEGATE 2.0 Online Module for MOOWR and MOOSWR Permissions
CBDT to Notify Simplified ITR Forms by January Ahead of New Income Tax Act Rollout
Bombay HC: Finance Act Section 74 Cannot Be Used to Reassess Service Tax Liability
Direct Tax Collections on Track for FY26, Assures CBDT Chairman Ravi Agrawal
ITAT Mumbai: TDS Credit Allowed Even If Not Reflected in Form 26AS, Provided Form 16 is Available
Allahabad HC Quashes GSTIN Cancellation; Directs Fresh GST SCN and Hearing
18 Nov 25
CBIC Highlights Next-Gen GST Reforms at India International Trade Fair 2025
GST 2.0 Boosts MSME Expansion Plans as Banks Near Annual Lending Targets
CBIC Unveils New ICEGATE 2.0 Online Module for MOOWR and MOOSWR Permissions
Income Tax Act 2025: CBDT Chairman Instructs Officers to Start Preparations for April 2026 Implementation
17 Nov 25
GST 2.0 Driving Transparency & Growth: ICAI President Outlines Key Reforms
Retail Inflation Drops to Record Low of 0.25% in October after GST Rate Cuts
Allahabad HC Sets Aside ?3.04 Cr GST Demand Order for SCN Overreach
Delhi HC Slams Dept for Overreaching GST Demand, Ignoring Actual Sales Figures
16 Nov 25
Tripura HC: GST Officials Must Pass Reasoned Order Even If Penalty Is Paid Under Duress
Bangalore ITAT Grants INR 1.82 Crore Relief to Seller on Mango Sale
15 Nov 25
How Income Tax Software Speeds Up Advance Tax Calculation
Madras HC: Hostels for Working Professionals Not Treated as Commercial Properties for Tax/Charges
GST Rule Revisions Prompt E-Commerce Logistics Firms to Seek Clarifications
14 Nov 25
Allahabad HC Directs GSTN to Enable Appeal Filing Even in Nil Dispute Cases Within a Month
Delhi HC: Fresh GST Demand U/S 73 Invalid When Assessee’s Explanation Already Accepted U/S 61(2)
Supreme Court: Sale of Immovable Property Not a ‘Service’ Under Finance Act, 1994
13 Nov 25
Direct Tax Collections Grows 7% YoY; Refunds Down 18% in FY 2025-26
GST Reforms Have Driven Sales Growth Across Sectors, Says FM Sitharaman
SC Rejects PIL Demanding Tighter GST Registration Norms to Prevent Identity Fraud
No Significant Decrease in Household Budgets After GST 2.0 Implementation
Kerala HC Upholds GST Registration Cancellation Citing Delay in Seeking Remedy
12 Nov 25
CBIC Issues Instruction to Align Import Policy with Finance Act, 2025
Madras HC Directs STO to Review ITC and Interest on Delayed GST Payment
Life Insurers Record 12% Rise in First-Year Premiums in October
ITAT: Presumption U/S 292C Regarding Documents Found During Search is Rebuttable, Not Conclusive
11 Nov 25
GST Rate Cuts and Income Tax Relief to Drive India`s FY26 Growth Beyond 6.8%, Says CEA
CBDT Simplifies Process to Correct TDS, Interest and Refund Errors
Rajasthan HC: Bank Can’t Freeze Account on Voluntary GST Cancellation
Delhi HC: Informers on GST Evasion Have No Right to Claim Reward
10 Nov 25
CBDT Official Highlights India`s Commitment to Multilateral Tax Certainty and Simplified Compliance
Auto Retail Sales Surge 40.5% in October, Led by Rural Demand and Tax Relief Under GST 2.0
09 Nov 25
CBDT Notifies 1% and 3% Arm`s Length Price Tolerance for AY 2025-26
LIC Passes On Full GST Exemption Benefit to Policyholder: Net Profit Rises to Rs 10,053 Crore
Finance Bill 2026 to Propose Fast-Track GST Registration, 90% Auto Refunds for Businesses
SBI Employee Wins: ITAT Confirms Retrospective ?25 Lakh Leave Encashment Exemption

21 Nov 25

CBDT Chief: Centre to Notify New Income Tax Return Forms by Jan 2026

Allahabad HC: ITAT Must Record Reasons Before Rejecting Adjournment and Passing Ex-Parte Orders

Allahabad HC: Tax Penalty U/S 129 Not Sustainable If GST E-Way Bill Was Generated Before Interception

GSTN Issues Advisory on Mandatory Furnishing of Bank Account Details Under Rule 10A

20 Nov 25

Capital Gains Tax Relief Process Simplified Under New 2025 Amendment Scheme

CBDT Expands Capital Gains Account Scheme: 19 More Banks Authorised Nationwide

Bombay HC: Finance Act Section 74 Cannot Be Used to Reassess Service Tax Liability

Gujarat HC: Challenge to GST Section 16(2) Mandating ITC Reversal If Payment Not Made Within 180 Days

Kerala HC: No Restoration of Cancelled GST Registration Just to Claim ITC Benefit U/S 16(6)

Calcutta HC Allows Condonation of Minor Delay in GST Appeal, Citing Satisfactory Explanation by Petitioner

19 Nov 25

CBIC Unveils New ICEGATE 2.0 Online Module for MOOWR and MOOSWR Permissions

CBDT to Notify Simplified ITR Forms by January Ahead of New Income Tax Act Rollout

Bombay HC: Finance Act Section 74 Cannot Be Used to Reassess Service Tax Liability

Direct Tax Collections on Track for FY26, Assures CBDT Chairman Ravi Agrawal

ITAT Mumbai: TDS Credit Allowed Even If Not Reflected in Form 26AS, Provided Form 16 is Available

Allahabad HC Quashes GSTIN Cancellation; Directs Fresh GST SCN and Hearing

18 Nov 25

CBIC Highlights Next-Gen GST Reforms at India International Trade Fair 2025

GST 2.0 Boosts MSME Expansion Plans as Banks Near Annual Lending Targets

CBIC Unveils New ICEGATE 2.0 Online Module for MOOWR and MOOSWR Permissions

Income Tax Act 2025: CBDT Chairman Instructs Officers to Start Preparations for April 2026 Implementation

17 Nov 25

GST 2.0 Driving Transparency & Growth: ICAI President Outlines Key Reforms

Retail Inflation Drops to Record Low of 0.25% in October after GST Rate Cuts

Allahabad HC Sets Aside ?3.04 Cr GST Demand Order for SCN Overreach

Delhi HC Slams Dept for Overreaching GST Demand, Ignoring Actual Sales Figures

16 Nov 25

Tripura HC: GST Officials Must Pass Reasoned Order Even If Penalty Is Paid Under Duress

Bangalore ITAT Grants INR 1.82 Crore Relief to Seller on Mango Sale

15 Nov 25

How Income Tax Software Speeds Up Advance Tax Calculation

Madras HC: Hostels for Working Professionals Not Treated as Commercial Properties for Tax/Charges

GST Rule Revisions Prompt E-Commerce Logistics Firms to Seek Clarifications

14 Nov 25

Allahabad HC Directs GSTN to Enable Appeal Filing Even in Nil Dispute Cases Within a Month

Delhi HC: Fresh GST Demand U/S 73 Invalid When Assessee’s Explanation Already Accepted U/S 61(2)

Supreme Court: Sale of Immovable Property Not a ‘Service’ Under Finance Act, 1994

13 Nov 25

Direct Tax Collections Grows 7% YoY; Refunds Down 18% in FY 2025-26

GST Reforms Have Driven Sales Growth Across Sectors, Says FM Sitharaman

SC Rejects PIL Demanding Tighter GST Registration Norms to Prevent Identity Fraud

No Significant Decrease in Household Budgets After GST 2.0 Implementation

Kerala HC Upholds GST Registration Cancellation Citing Delay in Seeking Remedy

12 Nov 25

CBIC Issues Instruction to Align Import Policy with Finance Act, 2025

Madras HC Directs STO to Review ITC and Interest on Delayed GST Payment

Life Insurers Record 12% Rise in First-Year Premiums in October

ITAT: Presumption U/S 292C Regarding Documents Found During Search is Rebuttable, Not Conclusive

11 Nov 25

GST Rate Cuts and Income Tax Relief to Drive India`s FY26 Growth Beyond 6.8%, Says CEA

CBDT Simplifies Process to Correct TDS, Interest and Refund Errors

Rajasthan HC: Bank Can’t Freeze Account on Voluntary GST Cancellation

Delhi HC: Informers on GST Evasion Have No Right to Claim Reward

10 Nov 25

CBDT Official Highlights India`s Commitment to Multilateral Tax Certainty and Simplified Compliance

Auto Retail Sales Surge 40.5% in October, Led by Rural Demand and Tax Relief Under GST 2.0

09 Nov 25

CBDT Notifies 1% and 3% Arm`s Length Price Tolerance for AY 2025-26

LIC Passes On Full GST Exemption Benefit to Policyholder: Net Profit Rises to Rs 10,053 Crore

Finance Bill 2026 to Propose Fast-Track GST Registration, 90% Auto Refunds for Businesses

SBI Employee Wins: ITAT Confirms Retrospective ?25 Lakh Leave Encashment Exemption

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Due Date Reminder

Jan	Feb	Mar	Apr	May	June
July	Aug	Sep	Oct	Nov	Dec
All

25 Nov 25 Deposit of GST under QRMP scheme for October .

28 Nov 25 Return for October by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.

29 Nov 25 Half yearly Audit Report from April to September of Reconciliation of Share Capital by Unlisted Public Companies.

30 Nov 25 Statutory Auditor to file Annual return with National Financial Reporting Authority (NFRA) in respect of entities covered in Clause 3(1)(a) to 3(1)(e) of NFRA Rules 2018. It will not cover tax audits, Limited review & Quarterly audits.

30 Nov 25 Online Application for alternative tax regime if due date of ITR is 30 Nov.

30 Nov 25 Filing of Income Tax Return where Transfer Pricing applicable.

30 Nov 25 E-filing of statement by non-resident u/s 285, having liason office in India, for FY 2024-25.

30 Nov 25 Deposit of TDS u/s 194-IA on payment made for purchase of property in October.

30 Nov 25 Deposit of TDS u/s 194-IB @ 5% on total payment of Rent more than 50,000 pm by individual or HUF (not liable to tax audit) during FY 24-25, where lease has terminated in October (Else TDS is to be deposited on annual basis by 30 April of next year.)

30 Nov 25 Deposit of TDS on certain payments made by individual/HUF u/s 194M for October.

30 Nov 25 Deposit of TDS on Virtual Digital Assets u/s 194S for October.

30 Nov 25 Annual RoDTEP Return (ARR)for the financial year 2023-24. Grace period was extended from 30.09.2025 to 30.11.2025 with late fee of Rs. 10,000. If the total RoDTEP claim for a given IEC exceeds Rs. 1 crore in a financial year, filing the Annual RoDTEP Retu

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