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Section 194LBA | TDS on Certain Income from Units of a Business Trust

Who is responsible to deduct tax under section 194LBA? An individual who makes payment of income according to the section 115UA which is payable by a business trust to their unit holder is needed to deduct tax at source. This kind of unit holder can be a non-resident or resident (but not a company). When… Read More »Section 194LBA | TDS on Certain Income from Units of a Business Trust

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Capital Gain Exemption Under Section 54 of Income Tax Act, 1961

The Income Tax Act- section 54 endows exemption for ‘Long Term Capital Gain’ arising on sale of residential property. Let’s understand the basis of ‘Capital Assets’ & ‘Capital Gain’ The term ‘capital asset’ is defined under the Income Tax Act, 1961- section 2 (14) which includes any kind of property (movable or immovable property, tangible… Read More »Capital Gain Exemption Under Section 54 of Income Tax Act, 1961

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Option to choose between QRMP scheme and Monthly GSTR 3B

To lower the burden of tax compliance on MSME entities, Government has introduced QRMPs with effect from 01 Jan, 2021. QRMP is the new scheme launched by government, many GST registered entities are still have confusion about which scheme to opt in or opt out, as QRMP is optional scheme which can be opted by… Read More »Option to choose between QRMP scheme and Monthly GSTR 3B

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Section 43B- Deductions Allowable On Payment

As a taxpayer, you might be claiming different expenses & exemptions to lesser your income tax liability, but do you know that there are some deductions that you cannot claim unless you have actually paid for them. Let’s discuss the income tax provisions laid out under Section 43B of the Income Tax Act. Section 43B… Read More »Section 43B- Deductions Allowable On Payment

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GST Circular – SOP on GST registration Cancellation for Anomalies in GSTR-3B

As per the Notification No 94/2020 – the amendment in Rule 21A of GST Rules, 2017 came to effect, which states that the GST officers can now suspend a GST Registration immediately if they found significant anomalies in GSTR3B Returns. A detailed Standard Operating Procedure (SOP) in this regard was issued by CBIC on 11th… Read More »GST Circular – SOP on GST registration Cancellation for Anomalies in GSTR-3B

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Input Tax Credit under GST Law- Is it a Vested Right?

A vested right counted as an absolute right over any asset which cannot be taken over without the consent of its owner. Nature of ITC under GST Law The CGST Act, 2017- Section 16 contains detailed provisions regarding eligibility & conditions for taking input tax credit. Section 16(1) is the elementary provision in the GST… Read More »Input Tax Credit under GST Law- Is it a Vested Right?

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Standard Procedure of GST Rule, When GST Registration get Suspension

The purpose of this Article is for the advice Standard Process of GST Rule, When GST Registration got Suspension. It cannot be denied that troubles come uninformed. That is exactly what can happen if GSTR-3B shows significant differences with GSTR 1 or GSTR 2A / GSTR 2B. Wondering how bad it can get? Well, as… Read More »Standard Procedure of GST Rule, When GST Registration get Suspension

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Procedure of TCS in GST Rule & Its Standard Compliance

The Union Budget 2021 has given an easy route to comply the TCS under GST Rule. TCS also known as Tax Collection at Source has similarities with TDS and also have distinctive features. TDS refers to tax deducted when recipient of goods/services makes some payments under a contract etc. TCS refers to tax which is… Read More »Procedure of TCS in GST Rule & Its Standard Compliance

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ITR Filing Exemption To Senior Citizen Above Age Of 75

As we know that the union budget comes into effect recently, Union budget of 2021-22 highlights that senior citizen above the age of 75 now need not file their Income Tax Return. In the Union Budget 2021-22, senior citizens who are the age above 75 are exempted from filing income tax return of income subject… Read More »ITR Filing Exemption To Senior Citizen Above Age Of 75

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Online Unblocking Of E-Way Bill

Few Days before the government has come up with a significant change with regards to the e-way bill generation facility on the web portal of e-way bill. E-way bill generation is blocked for taxpayers who have not filed their returns for the previous 02 consecutive months/quarters. Therefore, if a taxpayer has not filed GSTR-3B for… Read More »Online Unblocking Of E-Way Bill

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SAM GETSUGA
SAM GETSUGA
2020-09-06
Verified
AVS and associates is extremely professional. They take care of all The things abiding by law and integrity whether it’s a tax management or company registration. They have registered a company and took care of the taxes without me breaking a sweat, they took care of everything proactively. I’m extremely satisfied and would recommend to anyone and everyone.
Kavita Sharma
Kavita Sharma
2020-09-02
Verified
AVS and associates is a very professional team. They handle all things abiding by law and takes out your burden of tax management , assets and all very very precisely up to the point. It’s great working with the team.
Laxmi Kant Thakur
Laxmi Kant Thakur
2020-08-28
Verified
Chrishans Media
Chrishans Media
2020-03-03
Verified
Hitesh Gurditta
Hitesh Gurditta
2020-03-01
Verified
Anish kumar
Anish kumar
2020-02-29
Verified
chiranjibi shah
chiranjibi shah
2020-02-29
Verified
A wonderful experience with the team for the easy way out solutions of taxation and related matters...Thanks
Sanjay Thakur
Sanjay Thakur
2020-02-29
Verified
Best place to work....Thanks Binay Sir...
Sarbendra Yadav
Sarbendra Yadav
2020-02-28
Verified
RAVIRANJAN KUMAR
RAVIRANJAN KUMAR
2020-02-28
Verified

Google Ratings!

DR V K Arora
DR V K Arora
2020-09-06
Verified review
AVS & Associates is a reliable CA firm of Delhi NCR. My company Management Associates Private Limited is taking their services from last ten years. Shri. V K Agrawal of AVS & Associates is knowledgeable, friendly and honest person.


Andrew Samta
Andrew Samta
2020-09-02
Verified review
had a nice experience with AVS. was in a urgent need of some income tax related docs and these guys helped out in really quick time. thanks, and would recommend anyone planning to avail their services….


Sanjay Thakur
chiranjibi shah
2020-02-29
Verified review
A wonderful experience with the team for the easy way out solutions of taxation and related matters…Thanks


Amitabh Kulshreshtha
Amitabh Kulshreshtha
2020-09-02
Verified review
I appreciate the fastest way of services by AVS. Till now we got registered around 6 group companies,(Limited, Private Limited and LLP). Their Teams approach to deal with us was something I liked most. Special mention to Mr. Rahul and Ms. Neha. Guys, frankly speaking initially i was in doubt whether to trust these people or not? but once spoke and saw the way they handled my companies formation work, they ended up forming our all group companies and now handling the regular Accounting, Taxation, GST etc… If you are searching for a CA for all your needs, i suggest you may pick these guys and can assign one task before you make any opinions. BTW, we are availing their services since last 3 years. Thanks!


Kavita Sharma
Kavita Sharma
2020-09-02
Verified review
AVS and associates is a very professional team. They handle all things abiding by law and takes out your burden of tax management , assets and all very very precisely up to the point. It’s great working with the team.


Saurabh Verma
Saurabh Verma
2020-02-29
Verified review
I used their services for capital gain calculation and on many other factors to sell my flat in Noida while I’m here in Australia. Mr Vishnu is the man you need. Very professional, prompt replies and went an extra mile to do the job. Highly recommended.


Raj Malhotra
Raj Malhotra
2020-02-29
Verified review
Some highly talented group of indivisuals who do really care for customer satisfaction


Thefairyforce
Thefairyforce
2020-02-29
Verified review
I’m very satisfied with the service here. They have a very good behavior towards us and they listen to our problems closely and give the best solution. If you’re starting up or running a business already I would recommend you to come here they are awesome!


Arpit Mathur
Arpit Mathur
2020-02-29
Verified review
There is environment and relation of every employee is very good. Management and discipline is very tough.


Singh Robin
Singh Robin
2020-02-29
Verified review
Highly Professional team. Really appreciate the way team coordinated & made everything easy for me. Thank you & wish you all the very best. Cheers.


ezam zaidi
ezam zaidi
2020-02-29
Verified review
Have been very cooperative. Proactive with every step. The team was patient and they made sure the entire process flow was smooth.


Manish Sharma
Manish Sharma
2020-02-29
Verified review
I got my company registered with avs. I am happy with their services and it was done quickly and in cost effective manner. Recommend anyone want to avail their services.


Pranav Tripathi
Pranav Tripathi
2020-02-29
Verified review
Vishnu ji has been with our company for the past 10 years with many different companies . Soft spoken, humble and a thorough professional.


Kishore Kundan
Kishore Kundan
2020-02-29
Verified review
Very fast service with cost effective..Agarwal sir behavior is very supportive.. I will suggest all to take services from AVS..


Sushil Kumar Raj
Sushil Kumar Raj
2020-02-29
Verified review
I would say they are the best for new company and start ups, the way they deal with person who do not have any idea about setting up of new company is remarkable….

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