Arora Rajiv & Associates, Chartered Accountants

₹1 crore transferred to a promoter- does the entire amount become Deemed Dividend? Not necessarily.

Under Section 2(22)(e), the transaction, shareholding, accumulated profits, and applicable exceptions must be carefully analysed.
Don’t just file your return. Review your books first.

Accepting UPI payments in your business? Make sure every transaction is properly recorded in your books and regularly reconciled with your bank statements. A small mismatch today can become a big explanation tomorrow.

Starting your first job? You may be eligible for financial support of up to ₹15,000 under the PM Viksit Bharat Rozgar Yojana. 💼🇮🇳
Check the eligibility criteria and EPFO registration requirements before applying.

A major GST reform could make compliance easier for businesses operating in multiple states. While the proposal is still under active government consideration and no rules have changed yet, it's an important development worth keeping an eye on.

If you're a Resident Indian filing your ITR, make sure to disclose all your foreign assets- including US stocks, foreign mutual funds, overseas bank accounts, and foreign property.

The Income Tax Department now reflects foreign asset details in your AIS, making reporting more transparent. This doesn't mean extra tax- it simply means accurate reporting is essential.

Need help with foreign asset disclosure? Contact us.