K P B & Associates

✨ Happy Diwali! ✨

As we celebrate the Festival of Lights, let's take a moment to cherish the glow of happiness, the warmth of togetherness, and the sparkle of hope that this season brings. 🪔

May your lives be as colorful, bright, and joyous as the lights of Diwali. Let’s spread positivity, kindness, and prosperity to everyone around us.

From our family to yours, wishing you a Diwali filled with love, laughter, and endless blessings!

🌟 Happy Diwali & Prosperous New Year! 🌟

K P B & Associates featured in 100 best firm in India

A chartered accountant is one of the best careers which can open many more avenues in the future for the degree holder. This profession is based on networking and trust. Chartered accountants provide services to individuals and firms. Auditing, taxation, accounting and financial services are just some of the services provided by the Chartered Accountant. Let us have a look at a few Best CA firms in India.

In this article CA Candidates can find Top Hundred Chartered Accountant (CA) Firms in India. If you choose to do articleship from top CA firms in India, It will definitely add value to your Career. The Discipline and Knowledge required during the articleship training will help you to choose your career options once you get qualified as CA. These top CA firms in India are specialised in different fields like finance, auditing, international taxation, merger & acquisition etc. which you will hardly find in any other firm

https://www.henryharvin.com/blog/best-ca-firms-in-india/

100 Best CA Firms in India CA Firms in India: These top CA firms in India are specialised in different fields like finance, auditing, international taxation, merger & acquisition etc. which you will hardly find in any other firm

Happy Independence Day

Our partners Paras Savla and Ketan Gada had opportunity to present issues faced by MSME and individuals before Hon’ble Minister of Finance (MOS) Dr. Bhagwat Karad

Our Partner Paras Savla was quoted in story in The Economic Times

"The government has taken a landmark step by introducing Taxation Laws (Amendment) Act for reversal of retrospective tax, which has brought lots of certainty in the tax regime," said Paras Savla, partner at KPB & Associates, a tax advisory firm. Many pending disputes such as this are expected to be settled due to this move, he said. “To take advantage of the reversal of retro tax and settle tax disputes, the law demanded that the concerned company, along with its affiliates related entities, withdraw pending appeals, suits, claims, etc., or termination of the arbitral proceedings before any forum, whether in India or outside India."

https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-withdraws-all-petitions-against-tax-dept-to-settle-retrospective-tax-demand/articleshow/88263695.cms?from=mdr

Vedanta withdraws all petitions against tax dept to settle retrospective tax demand The revenue department had raised a tax demand on Cairn UK Holdings for alleged capital gains it made in a 2006 business reorganisation of its Indian entity, Cairn Energy Plc, and Vedanta, which had acquired Cairn India from its parent company in 2011.

Our partner Paras Savla was quoted in the news The Economic Times relating to the hardship caused to the cooperative societies on disallowances of exemption under income tax

Remembering finest words on his birth anniversary

Our partner Paras Savla was quoted in the story on Charities by moneycontrol.com News cover recent changes governing donation to Trust.

https://lnkd.in/dCt7i5xy

The Messy Income-tax Portal Has Made Giving Donations Tougher This Year. But There Is A Way Out. Starting this financial year, charitable trusts must register with the Income Tax Department, which will in turn assign a unique registration number. The government wants to account for fake charities and improve compliance.