We believe we are partners in nation building as we help government to raise resources and help tax payers in discharging their obligation through timely compliance.
We at Rathi & Associates offer a range of professional services to help businesses and individuals in navigating the complex world of taxation, regulatory compliances, and financial reporting, among other areas. At our firm, we pride ourselves on our commitment to providing high-quality services that are tailored to meet the unique needs of each client. We understand that every client’s situation is different, and we work closely with our clients to develop customized solutions that are both efficient and effective.
With effect from 01-08-2023, the turnover threshold for mandatory implementation of e-invoicing by taxpayers has been revised downward from INR 10 crore to INR 5 crore.
The deadline for filing income tax returns for individuals, HUFs, partnership firms, trusts, and AOPs, who are not subject to audit under the Income Tax Act, is 31-07-2023.
The deadline for mandatory linking of PAN with Aadhaar is 30-06-2023. Failure to comply, within the specified timeframe will lead to the PAN being rendered inoperative
The new provisions are implemented regarding the tax treatment of Virtual Digital Assets, whereby VDAs will be subject to a flat tax rate of 30% without any deductions.
Head office – Hyderabad
