C.K.Gupta & Associates, Chartered Accountants

C.K.Gupta & Associates, Chartered Accountants Chartered Accountants C.K.Gupta & Associates, Chartered Accountants is a Delhi based ca firm which was established in the year 1987.

The seeds of C.K.Gupta & Associates were sowed 25 years back by CA.C.K.Gupta, since then we have been rendering comprehensive professional services including Indirect Tax Consultancy, Direct Tax Consultancy, Auditing & Assurance Services, Management Consultancy, Business Start-up Services, Accounting Outsourcing Services, Payroll Outsourcing Services and a host of other value added financial and l

egal consulting services. C.K.Gupta & Associates is a team of distinguished profssionals, corporate financial advisors and tax consultants in India. Our firm of chartered accountants represents a coalition of specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced persons who are committed to add value and optimize the benefits accruing to clients. Today, C.K.Gupta & Associates has earned a remarkable reputation among its numerous clients and enjoys their trust and goodwill. We firmly believe to stay ahead in the vibrant changing economy world to provide you the most consistent and prompt quality services. We strive to keep the interest of our clients ahead of ours.

08/10/2023

The Income Tax Department's e-filing portal received over 30 lakh audit reports by September 30, according to the tax authority of India. The department expressed gratitude to taxpayers and tax experts for their timely compliance. Outreach programs were conducted to create awareness among taxpayers,...

13/07/2018

Mandatory Annual KYC of all Directors of all companies

As part of updating its registry, MCA is conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC .

DIR-3 KYC is been notified vide Companies(Appointment and Qualification of Directors) Fourth Amendment Rules, 2018 dated 5th July 2018 and would be made available shortly for filing purposes.

While filing DIR-3 KYC form, all stakeholders are requested to use PAN based DSC in case of Indian Nationals i.e., DSC should contain PAN as specified in the form.

In respect of foreign nationals, applicant’s name in DSC would be matched with his/her name entered while filing the form(DIR-3 KYC).

In case the PAN /Name in DSC does not match with PAN/Name entered in the form, they would be required to get a DSC with PAN/Name as specified in the form.

Accordingly, every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily required to file form DIR-3 KYC on or before 31st August,2018.

While filing the form,the Unique Personal Mobile Number and Personal Email ID would have to be mandatorily indicated and would be duly verified by One Time Password(OTP).

The form should be filed by every Director using his own DSC and should be duly certified by a practicing professional (CA/CS/CMA). Filing of DIR-3 KYC would be mandatory for Disqualified Directors also.

After expiry of the due date by which the KYC form is to be filed,the MCA21 system will mark all approved DINs (allotted on or before 31st March 2018) against which DIR-3 KYC form has not been filed as ‘Deactivated’ with reason as ‘Non-filing of DIR-3 KYC’.

After the due date filing of DIR-3 KYC in respect of such deactivated DINs shall be allowed upon payment of a specified fee only, without prejudice to any other action that may be taken.

13/07/2018

Increase in monetary limits for filing appeals by the Department before CESTAT/ High Courts and Supreme Court in Legacy Central Excise and Service Tax

CBIC increases appeal filing limit substantially and the new limit for filing the appeal in legacy matters of Central Excise and Service Tax are as follows:

CESTAT
The new Limit is Rs. 20 lakhs

High Courts
The new Limit is Rs. 50 lakhs

Supreme Court
The new Limit is Rs. 1 crore

This move will result in a reduction of litigation as out of the total cases filed by the department, 16% cases in CESTAT, 22% cases in the High Courts and 21% cases in the Supreme Court shall be withdrawn. This shall not apply to cases where a substantial question of law is involved.

Limits For Filing Dept Appeals Raised SubstantiallyThe Ministry of Finance has announced a substantial enhancement in th...
13/07/2018

Limits For Filing Dept Appeals Raised Substantially

The Ministry of Finance has announced a substantial enhancement in the limits for filing departmental appeals before the ITAT, Tribunal and Supreme Court. The impact of the new limits is that out of total cases filed by the Department in ITAT, 34% of cases will be withdrawn. In case of High Courts, 48% of cases will be withdrawn and in case of Supreme Court 54% of cases will be withdrawn. The total percentage of reduction of litigation from Department’s side will get reduced by 41%.

In order to reduce the long pending grievances of taxpayers and to minimise litigations pertaining to tax matters and to facilitate the Ease of Doing Business, Government of India has decided to increase the threshold monetary limits for filing Departmental Appeals at various levels, be it Appellate Tribunals, High Courts and the Supreme Court in the following manner :-

ITAT
The previous limit was Rs. 10 lakhs
The new Limit is Rs. 20 lakhs

High Courts
The previous limit was Rs. 20lakhs
The new Limit is Rs. 50 lakhs

Supreme Court
The previous limit was Rs. 25 lakhs
The new Limit is Rs. 1 crore

09/05/2018

The monthly GST collections crossed Rs 1 lakh crore for the first time in April, indicating that the indirect tax regime was stabilising.

22/01/2018

After the meeting, Uttarakhand Finance Minister Prakash Pant said that currently no decision has been taken on simplification of GST return filing.

05/10/2017

In most countries, the gift tax exemptions limits are clubbed with inheritance tax exemption limits and the same would be applicable here.

01/10/2017

Since the note ban last November, the government has been putting in lots of efforts to plug the loopholes in the taxation system using advanced technology.

11/09/2017

A photo of your shiny new luxury car on Instagram or a costly watch on Facebook may lead the taxman to your door as the tax department from next month will begin amassing virtual information to trace

01/09/2017

Black money: The Reserve Bank of India (RBI) in its annual report released on Wednesday gave some shocking data related to the demonetisation move by the Narendra Modi government. However, one significant figure that failed to catch the eye of people is that the Income Tax department has identified…

23/06/2017

In the run-up to July 1, 2017, when the Goods and Services Tax (GST) will be rolled out nationwide, everybody is eager to know which items will be costlier and which cheaper.

23/06/2017

What to buy before GST is rolled and what to buy after GST rollout.

Address

6285, Batashan Street, Khari Baoli
Delhi
110006

Opening Hours

Monday 10:30am - 6:30pm
Tuesday 10:30am - 6:30pm
Wednesday 10:30am - 6:30pm
Thursday 10:30am - 6:30pm
Friday 10:30am - 6:30pm
Saturday 10:30am - 6:30pm

Telephone

011 43595469

Website

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