This is to bring to your kind attention that the due date for payment of third instalment of advance tax for the financial year 2025-26 is 15.12.2025. Kindly take necessary actions to make the payment within the due date....
Continue readingPlease note the Secretarial Compliances for the month December 2025 for Companies/LLP. Request you to go through the attached check list for applicable compliances....
Continue readingPlease note the Secretarial Compliances for the month October 2025 for Companies/LLP. Request you to go through the attached check list for applicable compliances....
Continue readingThis is to bring to your kind attention that the due date for payment of second instalment of advance tax for the financial year 2025-26 is 15.09.2025. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 44AD & 44ADA, 100% advance tax need to be paid before 15th March 2026 (4th Quarter) and hence no requirement of making advance tax payment in this quarter. Kindly let us know for any help or clarifications in this regard....
Continue readingPlease note the Secretarial Compliances for the month September, 2025 for Companies/LLP. Request you to go through the attached check list for applicable compliances....
Continue readingPlease find attached the highlights of the proposals made in the 56th GST Council meeting attached for your reference. The Government is yet to issue the notifications. We will share further updates once the notifications are issued. ...
Continue readingThis is to inform you that the due date for filing the SEZ Annual Performance Report (APR) for the financial year 2024-25 is 30th September 2025. As per Rule 22 of the SEZ Rules, 2006, every SEZ unit is required to submit the APR in Form I to the Development Commissioner by this date. We request you to kindly ensure timely preparation and submission to avoid any non-compliance....
Continue readingThis is to share an important development from the Hon’ble Supreme Court concerning Permanent Establishment (PE) under the India–UAE DTAA. Summary of the Ruling • Case: Hyatt International Southwest Asia Ltd. v. ADIT (Case law attached for your reference) • Date: 24 July 2025 • Key Outcome: The Supreme Court held that a UAE-resident hotel management company had a fixed-place PE in India under Article 5(1) of the India–UAE DTAA because the hotel premises were effectively at its disposal through long-term strategic/operational control exercised under the management/oversight agreements. • Tax Consequence: Business profits attributable to that PE are taxable in India under Article 7. ...
Continue readingWe wish to inform you that the Employment Linked Incentive (ELI) Scheme will come into effect from August 1, 2025. Key Highlights: Objective: Promote formal employment, enhance employability, and expand social security coverage, with a focus on the manufacturing sector. Target: Creation of 3.5 crore jobs over two years (Aug 1, 2025 – Jul 31, 2027). Budget Outlay: ₹99,446 crore. Implementation Agency: Employees’ Provident Fund Organisation (EPFO)....
Continue readingAt Vishnu Daya & Co. LLP, we believe in keeping you well-informed about the latest regulatory developments, always striving to ease your compliance journey with care, clarity, and diligence. The Central Board of Direct Taxes (CBDT) has issued Circular No. 9/2025 dated July 21, 2025 (attached herewith for all of your perusal and records), providing much-needed relief to deductors and collectors in cases where PANs of deductees/collectees were rendered inoperative due to non-linkage with Aadhaar. ...
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