M/s. M ALI RAZA & COMPANY

Contact Us

Call

+91-8334842433

+91-9433362018

Address

17/2 H/11 Smith Lane Kolkata 700013 Behind Crown Cinema

E-mail

info@maliraza.com

Websites

www.maliraza.com

For Enquiry

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About M/s. M ALI RAZA & COMPANY

M/s. M ALI RAZA & COMPANY was established in the year 2019. It is a leading chartered accountancy firm rendering comprehensive professional services which include audit, management consultancy, tax consultancy, accounting services, manpower management, secretarial services etc.

M/s. M ALI RAZA & COMPANY is a professionally managed firm. The team consists of distinguished chartered accountants, corporate financial advisors and tax consultants. The firm represents a combination of specialized skills, which are geared to offers sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with industry and other professionals which enables the firm to keep pace with contemporary developments and to meet the needs of its clients.

Updates From Our Desk

Due Date Reminder

Jan	Feb	Mar	Apr	May	June
July	Aug	Sep	Oct	Nov	Dec
All

20 May 24

Monthly Return by persons outside India providing online information and data base access or retrieval services, for April.

20 May 24

Summary Return cum Payment of Tax for April by Monthly filers. (other than QRMP).

25 May 24

Deposit of GST of April under QRMP scheme.

28 May 24

Return for April by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.

30 May 24

ITC reversal on stocks and capital goods by person opting for Composition scheme in FY 24-25.

30 May 24

Submission of a statement by Non-resident having a liaison office in India for FY 23-24.

30 May 24

Deposit of TDS u/s 194-IA on payment made for purchase of property in April

30 May 24

Deposit of TDS u/s 194-IB @ 5% on total payment of Rent more than 50,000 pm by individual or HUF (not liable to tax audit) during FY 24-25, where lease has terminated in last month. (Else TDS is to be deposited on annual basis by 30 April of next year.)

30 May 24

Deposit of TDS on certain payments made by individual/HUF u/s 194M for April.

30 May 24

Deposit of TDS on Virtual Digital Assets u/s 194S for April.

30 May 24

Issue of TCS certificates for January-March.

30 May 24

Half yearly Audit Report from October to March of Reconciliation of Share Capital by Unlisted Public Companies.

30 May 24

Annual Return of Foreign Company (Branch / Liaison /Project Office) for FY 23-24.

30 May 24

Annual Return of Limited Liability Partnership (LLP) for FY 23-24.

31 May 24

"Report on Corporate Social Responsibility for FY 23-24 by companies to whom it is applicable. "

31 May 24

E-filing of Annual Return for FY 23-24 by licensed Manufacturers [including Repackers and Relabellers] and Importers. Manufacturer exporters also to file annual return for food business instead of quarterly returns earlier.

31 May 24

Online Application by trust/instituition for exercising the option to apply income of previous year in the next year or in future. Applicable where due date of ITR is 31 Jul.

31 May 24

Statement to accumulate income for future application u/s 10(21) or 11(1). Applicable where due date of ITR is 31 Jul.

31 May 24

E-filing of Annual Statement of Donors & Donations received by charitable organisations u/s 80G/35.

31 May 24

Download of Certificate of Donations/contributions for FY 23-24 from IT portal and submission of same to Donor/contributors.

31 May 24

Quarterly statements of TDS for January- March.

31 May 24

Return of tax deduction from contributions paid by the trustees of an approved superannuation fund during FY 23-24?.

31 May 24

Quarterly statement of tax deposited in relation to transfer of virtual digital asset u/s 194S to be furnished by an exchange for the quarter January - March

31 May 24

Application for allotment of PAN in case of non-individual resident person, which enters into financial transaction aggregating to Rs. 2,50,000 or more during last financial year and has not been allotted PAN.

31 May 24

Application for allotment of PAN in case of managing director, director, partner, trustee, author, founder, karta, chief executive officer, principal officer or office bearer of non-individual resident person, which enters into financial transaction aggre

31 May 24

Statement of reportable accounts for Calendar year 2023 by reporting financial institutions. File NIL statement if no transactions to report.

31 May 24

Higher TDS/TCS due to non-linking of PAN Aadhar, shall not be applicable for transactions upto March 31, 2024 if PAN is linked with Aadhar upto May 31, 2024.

News

15 May 24
Madras HC Orders 10% Pre-accrued for Reconsideration of ITC Availed Due to GSTR 3B and 2A Discrepancies
SC Accepts Petition Against GST on Property Rights Transfers B/W Developers & Landowners
Madras HC Permits Transition of Unutilized Tax Paid Under VAT to Tamil Nadu GST Act.
14 May 24
Section 43B: Deductible Expenses Beyond MSME Payments
CBDT releases new functionality in AIS to increase transparency
Five States Ready for Aadhaar-based GST Registration Authentication
Gujarat GST AAR: ITC on Employer-Provided Canteen Services (Excluding Employee Contribution)
CBDT Releases Excel Utility & JSON Schema for ITR-3 Filing
13 May 24
ITR-3 Excel, Offline & Online Utility for AY 2024-25 Now Accessible for Filing
RBI appoints Shri R. Lakshmi Kanth Rao as new Executive Director
MCA Seeks Feedback On Review of Rules specified under the Chartered Accountants Act, 1949
12 May 24
Supreme Court: GST Officers Require Verifiable Material, Not Mere Suspicion Before Arrest
Section 43B: Deductible Expenses Beyond MSME Payments
Telangana HC: GST Authorities Can’t Block Credit Exceeding Negative Balance in ECRL
11 May 24
All GSTAT Benches May Operate for GST-Related Disputes from Jan 2025
Ahmedabad ITAT Disallows Tax Deductions U/S 37(1) for Expenditures on Freebies to Doctors
Central Govt. to Prohibit Threat and Coercion in GST Search and Seizures, SC
10 May 24
Over 800,000 Income Tax Returns Filed for AY 2024-25
Ahmedabad ITAT Allows Tax Deduction U/S 80IC on Scrap and Miscellaneous Income
Madras HC Directs Reconsideration of Assessment Order Due to Unintentional Error in 3B Filing
Online Sellers Facing Scrutiny and Disproportionate Requests During GST Registration
09 May 24
Telangana AAR: Selection of Lower Tax Rate Doesn’t Permit Availing ITC Under GST
Income Tax Department Enhances User Experience with New E-Proceedings Tab
MCA Extends LLP Filing Deadline and Relaxes Additional Fees for Form No. LLP BEN-2 and LLP Form No. 4D
Over 800,000 Income Tax Returns Filed for AY 2024-25
FM: GST Lowers Tax Rates on Daily Need Items Like Hair Oil, Soaps and Appliances
08 May 24
GST Boosted State Revenue by 24% Compared to Old Tax Regime: FM Sitharaman
SC Denies to Hear Plea Against 45-Day Payment Rule U/S 43B(h)
Justice (Retd) Sanjay Kumar Mishra Takes Charge as a 1st GSTAT President
PB & HR HC Grants Relief to Holding Companies for Facing GST Notice of Corporate Guarantees
Revenue Secretary Calls Meeting to Crack Down on Fake GSTIN and Wrong ITC Claims
07 May 24
Supreme Court Refuses Plea by Micro and Small Enterprises Regarding 45-Day Payment Rule
CBDT Releases Guidelines for Compulsory Scrutiny of Income Tax Returns in FY 2024-25
ITAT: Non-payment of Income Tax Before 1st Appeal Not Fatal If Assessee Completes Responsibilities Later
ITAT Mumbai: Income Tax Assessments Based Solely on Unverified 3rd-Party Statements Unlawful
06 May 24
FM Sitharaman Refutes Post-Election Income Tax Speculations
ICAI releases Exposure Draft of Guidance Note on Reports on Audit u/s 12A/10(23C)
Delhi HC Slams GST Authorities for Neglecting Natural Justice Principle, Orders Re-adjudication
05 May 24
CCS Police Arrest Deputy Commissioner and 4 GST Officials for Using Forged Documents in Refund Claims
WB AAR: Applicant is Eligible to Claim GST ITC on Demo Cars
Vishakhapatnam ITAT: Assessee Can Claim ITC for TCS Paid Even When No TDS Shortfall Exists U/S 194Q
04 May 24
Mumbai CESTAT: CENVAT Credit Allowed for Input Services Used in Electricity Production for Sister Unit
Gujarat High Court Declines to Intervene in a Section 153C Tax Notice
ITAT Delhi: No Tax Deduction Permits U/S 54 Without Basic Facilities
03 May 24
MCA Establishes Appellate Authority for Chartered Accountants, Company Secretaries and Cost Accountants
UP Surpasses TN in GST Collections By Reporting a 19% Growth
Companies Seek More Clarification from Telangana State GST Dept.
02 May 24
Never Seen Before, GST Revenue Reaches INR 2.10 Lakh Cr in April 2024
Rajkot ITAT: Tax Deduction U/S 43B Can Be Permitted When Assessee Claims on Payment Basis
NFRA Sets Penalty on M/s Dhiraj & Dheeraj Firm for Audit Lapses in RHFL

15 May 24

Madras HC Orders 10% Pre-accrued for Reconsideration of ITC Availed Due to GSTR 3B and 2A Discrepancies

SC Accepts Petition Against GST on Property Rights Transfers B/W Developers & Landowners

Madras HC Permits Transition of Unutilized Tax Paid Under VAT to Tamil Nadu GST Act.

14 May 24

Section 43B: Deductible Expenses Beyond MSME Payments

CBDT releases new functionality in AIS to increase transparency

Five States Ready for Aadhaar-based GST Registration Authentication

Gujarat GST AAR: ITC on Employer-Provided Canteen Services (Excluding Employee Contribution)

CBDT Releases Excel Utility & JSON Schema for ITR-3 Filing

13 May 24

ITR-3 Excel, Offline & Online Utility for AY 2024-25 Now Accessible for Filing

RBI appoints Shri R. Lakshmi Kanth Rao as new Executive Director

MCA Seeks Feedback On Review of Rules specified under the Chartered Accountants Act, 1949

12 May 24

Supreme Court: GST Officers Require Verifiable Material, Not Mere Suspicion Before Arrest

Section 43B: Deductible Expenses Beyond MSME Payments

Telangana HC: GST Authorities Can’t Block Credit Exceeding Negative Balance in ECRL

11 May 24

All GSTAT Benches May Operate for GST-Related Disputes from Jan 2025

Ahmedabad ITAT Disallows Tax Deductions U/S 37(1) for Expenditures on Freebies to Doctors

Central Govt. to Prohibit Threat and Coercion in GST Search and Seizures, SC

10 May 24

Over 800,000 Income Tax Returns Filed for AY 2024-25

Ahmedabad ITAT Allows Tax Deduction U/S 80IC on Scrap and Miscellaneous Income

Madras HC Directs Reconsideration of Assessment Order Due to Unintentional Error in 3B Filing

Online Sellers Facing Scrutiny and Disproportionate Requests During GST Registration

09 May 24

Telangana AAR: Selection of Lower Tax Rate Doesn’t Permit Availing ITC Under GST

Income Tax Department Enhances User Experience with New E-Proceedings Tab

MCA Extends LLP Filing Deadline and Relaxes Additional Fees for Form No. LLP BEN-2 and LLP Form No. 4D

Over 800,000 Income Tax Returns Filed for AY 2024-25

FM: GST Lowers Tax Rates on Daily Need Items Like Hair Oil, Soaps and Appliances

08 May 24

GST Boosted State Revenue by 24% Compared to Old Tax Regime: FM Sitharaman

SC Denies to Hear Plea Against 45-Day Payment Rule U/S 43B(h)

Justice (Retd) Sanjay Kumar Mishra Takes Charge as a 1st GSTAT President

PB & HR HC Grants Relief to Holding Companies for Facing GST Notice of Corporate Guarantees

Revenue Secretary Calls Meeting to Crack Down on Fake GSTIN and Wrong ITC Claims

07 May 24

Supreme Court Refuses Plea by Micro and Small Enterprises Regarding 45-Day Payment Rule

CBDT Releases Guidelines for Compulsory Scrutiny of Income Tax Returns in FY 2024-25

ITAT: Non-payment of Income Tax Before 1st Appeal Not Fatal If Assessee Completes Responsibilities Later

ITAT Mumbai: Income Tax Assessments Based Solely on Unverified 3rd-Party Statements Unlawful

06 May 24

FM Sitharaman Refutes Post-Election Income Tax Speculations

ICAI releases Exposure Draft of Guidance Note on Reports on Audit u/s 12A/10(23C)

Delhi HC Slams GST Authorities for Neglecting Natural Justice Principle, Orders Re-adjudication

05 May 24

CCS Police Arrest Deputy Commissioner and 4 GST Officials for Using Forged Documents in Refund Claims

WB AAR: Applicant is Eligible to Claim GST ITC on Demo Cars

Vishakhapatnam ITAT: Assessee Can Claim ITC for TCS Paid Even When No TDS Shortfall Exists U/S 194Q

04 May 24

Mumbai CESTAT: CENVAT Credit Allowed for Input Services Used in Electricity Production for Sister Unit

Gujarat High Court Declines to Intervene in a Section 153C Tax Notice

ITAT Delhi: No Tax Deduction Permits U/S 54 Without Basic Facilities

03 May 24

MCA Establishes Appellate Authority for Chartered Accountants, Company Secretaries and Cost Accountants

UP Surpasses TN in GST Collections By Reporting a 19% Growth

Companies Seek More Clarification from Telangana State GST Dept.

02 May 24

Never Seen Before, GST Revenue Reaches INR 2.10 Lakh Cr in April 2024

Rajkot ITAT: Tax Deduction U/S 43B Can Be Permitted When Assessee Claims on Payment Basis

NFRA Sets Penalty on M/s Dhiraj & Dheeraj Firm for Audit Lapses in RHFL

Audit

Support

Services

A support to Finalize the auditor or assign us for timely completion of audit. More...

Accounting

Services

Art of recording all transactions and events to prepare financial statement of accounts. More...

Income

Tax

Services

All required compliance consultancy as per Income Tax Act, 1961. More...

Goods and

Service Tax

Services

Registration under Goods and Service Tax Act, 2016. Filing of Returns More...

TDS

Services

E-TDS Return Filing of 24Q, 26Q, 27Q, 27EQ Generating Form 16, Form 16 A. More...

Secreterial

Services

Consultancy towards Complying various Corporate Law Acts. . More...

Corporate

Finance

Services

Services towards attaining various Forms of Finance. More...

Real Estate

Regulation Act

Services

Consultancy & Advisory of all Compliances under West Bengal HIRA and Maharashtra RERA Act. More...

GCC

VAT

Services

GCC VAT is an indirect tax that will be levied on goods and services More...