Khurana Vivek & Co

News & Events

07/04/2026

ICAI Announces Biannual CA Final Exams from May 2026

06/04/2026

New SEBI Norms for Stock Market Effective April 6; Impact on Select Traders

Audit Firms Sound Alarm Over Proposed Tightening of Independence Norms

04/04/2026

Delhi High Court seeks CBDT clarity on taxability of partner remuneration, stays notices

CAG Exposes ₹74,766 Crore Tax Irregularities in Banks & NBFCs

03/04/2026

RBI to Roll Out Benchmark Issuance Strategy to Boost SDL Market Transparency

Emirates NBD Gets RBI Nod for Majority Stake in RBL Bank

CAG Audit Exposes ₹100+ Crore Discrepancies in Jammu & Kashmir Finances

New ITR Forms Announced with Key Changes for Taxpayers

New Income Tax Act 2025: Key Changes and Benefits for Individuals

Filing Appeals on GST Portal for NIL Demand Orders

02/04/2026

GST Collections Rise Sharply in March, FY26 Up 8.3%

Income Tax Updates 2026: New Rules for HRA, Property Deals & Home Loan Benefits

Big Financial Changes from Tomorrow: New Income Tax Law & Key Updates Roll Out

RBI Acts Tough on Forex Markets to Boost Rupee Stability

Rupee Surges 1.6% to 93.14 After RBI’s Strategic Intervention

Haryana Leads Nation in SGST Growth with Remarkable 21.5% Surge in FY26

FY26 Indirect Tax Revenue Slightly Exceeds Government Targets

GST Revenue Collection Snapshot – March 2026 (Gross & Net)

Notifications/ Circulars

07/04/2026

Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs)

03/04/2026

India–Japan MoU on Tax Collection Assistance Notified; Effective from July 8, 2025

CBIC Amends Customs Valuation Notification under Section 14

02/04/2026

Memorandum of Instructions governing money changing activities – Location of Forex Counters in International Airports in India

PAN Correction Filing Rules Introduced under Income-tax Act, 2025

13/2026-Customs-Seeks to exempt AIDC on certain commodities

12/2026-Customs-Seeks to exempt BCD on certain commodities

Assessment Rules for SEZ Goods Cleared to DTA

Customs Notification 34/2026: Key Changes in Courier Regulations

Risk Management and Inter-Bank Dealings (Revised)

Master Direction – Facility for Exchange of Notes and Coins

Master Direction on Counterfeit Notes – Detection, Reporting and Monitoring

Master Direction on Incentives for Currency Distribution and Exchange and Penalties / Penal Provisions for Bank Branches and Currency Chests for Deficiency in Rendering Customer Service and Reporting of Transactions / Balances

Overseas Investment – Submission of References to the Reserve Bank

01/04/2026

Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to Foreign Exchange Management (Guarantees) Regulations, 2026

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 01 Entry

Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility

Reserve Bank of India (Trade Relief Measures) Directions, 2026

Income Tax Circular - Referencing by Document Identification Number (DIN)

31/03/2026

Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 (Revised)

Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026 - (Revised)

Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026 (Revised)

Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)

ABC & Co.,

Chartered Accountant

30, IInd Floor, Jangpura Road,

Bhogal, New Delhi - 110014

Mob.. 9868520786
Emaiil : khuranavivek@khuranavivekca.com

Income Tax

Consultancy on various intricate matters pertaining to Income tax.
Effective tax management, tax structuring and advisory services.
Tax Planning for Corporates and others.
Designing / restructuring salary structure to minimise tax burden.
Obtaining Advance tax Rulings.
Obtaining No Objection Certificates from Income tax department.
Obtaining PAN for assessees, employees etc.
Advance tax estimation and deposit.
Assessing the liability towards deferred taxes.
Providing regular updates on amendments, circulars, notifications & judgments.
Filing Income Tax and Wealth Tax returns for all kinds of assessees.
Filing Income tax returns for employees of corporate clients.
Services of assessment, rectification, obtaining refunds etc.
Expertise in complicated direct tax assessments.
Filing and pleading appeals under various provisions of IT Act.
Special expertise in search, seizure and prosecution litigation.
Advice on future tax implications in respect of the potential acquisition.
Opinions on the various Double Tax Avoidance Agreement related issues.

Khurana Vivek & Co Chartered Accountant

Khurana Vivek & Co
Chartered Accountant