Deepak Agrawal & Associates, Chartered Accountants

Happy republic day

बसंत पंचमी की हार्दिक शुभकामनाएं

Happy Makar sankranti

📢 Attention UP SMEs! HUGE Opportunity Awaits! 🚀

The Uttar Pradesh Government is rolling out an incredible initiative to empower Small and Medium Enterprises! If you're an SME looking to grow, innovate, and reach new heights, this is for YOU.

Get a grant of ₹10 Lakh on registering your SME for listing on the Share Market! 📈

This is a golden chance to unlock capital, boost your visibility, and take your business to the next level. Don't miss out on this fantastic support from the UP Government.

Why list your SME on the Share Market?

Access to capital for expansion

Enhanced brand reputation and credibility

Increased transparency and governance

Wealth creation for promoters and shareholders

Seize this opportunity to accelerate your growth journey! Learn more and register today!

Wishing you a very Happy New year to all of you

Loan to Farmer at lowest Rate

📢 BREAKING NEWS — DELHI HIGH COURT ORDER (04.12.2025)
🎶 SANGEET PRABHAKAR NOW EQUIVALENT TO A “BACHELOR’S DEGREE IN MUSIC” 🎓

A landmark judgment by the Delhi High Court has officially recognized Sangeet Prabhakar as equivalent to a Bachelor’s Degree in Music.
This is a major victory for thousands of musicians, music teachers, and students across India! 🙏🎼

✅ What This Means

✔️ Candidates holding Sangeet Prabhakar are now eligible for music teacher posts
✔️ Recruitment bodies cannot reject applications for “no degree”
✔️ A long-standing confusion is finally resolved
✔️ Big boost for traditional Indian music education

🌟 A Proud Moment for the Music Community!

This judgment will open new doors for talent, employment, and recognition of Indian classical music qualifications. 🎤🎻

📄 Order Date: 04 December 2025
🏛️ Court: Delhi High Court

📢 BIG RELIEF FOR HOSTEL & PG OWNERS!

The Supreme Court of India has clearly ruled that NO GST will be charged on residential premises used as hostels for students and working professionals.

🏠 Whether it's a Hostel, PG, Student Accommodation, or Working Professional Stay — as long as it is used for residential living, it will be GST-exempt.
A major win for the rental and hostel industry! 🙌
✔️ More clarity
✔️ Less compliance burden
✔️ Affordable stay for students

Need funding for your small business without the headache of collateral? 💡💸

Apply for a Mudra Loan under the government's PMMY scheme!

Here’s the deal: 💰 Get up to ₹10 Lakhs funding. 🚫 No collateral required. 📉 Interest rates start at just 12%* p.a. ⚡️ Quick application & minimal docs.

Three tiers based on your needs: 1️⃣ Shishu (Up to ₹50k) 2️⃣ Kishor (₹50k to ₹5L) 3️⃣ Tarun (₹5L to ₹10L)

Ready to grow? Check your eligibility now! 👇

Big Relief for SMEs: MCA Expands "Small Company" Definition!

Great news for the Indian corporate sector! The Ministry of Corporate Affairs (MCA) has officially amended the definition of a "Small Company," significantly widening the net for who qualifies. This move is set to reduce the compliance burden for thousands of private companies.

📉 The New Thresholds:

Paid-up Capital: Increased to ₹10 Crore (was ₹4 Cr)

Turnover: Increased to ₹100 Crore (was ₹40 Cr)

✨ Why this matters: If your company falls under these new limits, you can enjoy major compliance relaxations, including: ✅ No CARO Reporting required. ✅ Exemption from preparing Cash Flow Statements. ✅ Reduced penalties for non-compliance. ✅ Requirement of only 2 Board Meetings per year. ✅ Simpler Annual Returns.

This is a massive step towards "Ease of Doing Business" in India! 🇮🇳

(Ministry of Corporate Affairs)

Getting Ready for Section 194T: An Action Plan for Firms and LLPs.

Strategic Steps for Compliance:

Review Deeds: Amend partnership/LLP deeds to clearly distinguish between profit share (exempt) and payments like remuneration/interest/commission (subject to TDS).

Implement Tracking: Set up internal systems to monitor aggregate payments to each partner for the covered categories throughout the financial year.

Watch the Timing: Remember that credit to a partner's capital account can trigger TDS, even if payment hasn't been made.

Ensure TAN: Make sure the firm has a valid Tax Deduction and Collection Account Number (TAN).

Failure to deduct TDS can lead to interest, penalties, and expense disallowances under section 40(a).

📢 यूपी में किरायानामा पर स्टांप ड्यूटी अब बेहद कम!
🚀 योगी सरकार का बड़ा फैसला

अब यूपी में Rent Agreement बनवाना हुआ और भी आसान और सस्ता!
सरकार ने स्टांप ड्यूटी व रजिस्ट्रेशन फीस में भारी कमी कर दी है।

🔻 नई स्टांप ड्यूटी दरें (UP)

👉 वार्षिक किराया ₹2 लाख तक
• 1 साल: ₹500 + ₹500
• 1–5 साल: ₹1,500 + ₹1,500
• 5–10 साल: ₹2,000 + ₹2,000

👉 ₹2–6 लाख वार्षिक किराया
• 1 साल: ₹1,500 + ₹1,500
• 1–5 साल: ₹4,500 + ₹4,500
• 5–10 साल: ₹7,500 + ₹7,500

👉 ₹6–10 लाख वार्षिक किराया
• 1 साल: ₹2,500 + ₹2,500
• 1–5 साल: ₹6,000 + ₹6,000
• 5–10 साल: ₹10,000 + ₹10,000

✅ फायदे

✔ किरायानामा रजिस्टर कराना बेहद सस्ता
✔ प्रोसेस आसान और ऑनलाइन
✔ दोनों पक्षों के अधिकार सुरक्षित

📌 नई दरें 10 साल तक के रेंट एग्रीमेंट पर लागू।