Praveen Lakshmi & Co., Chartered Accountants

Praveen Lakshmi & Co., Chartered Accountants Your trusted chartered accountants in Hyderabad since 2017. Expertise, dedication, and personalized solutions for your financial success.

ℹ️ Attention GST filers! If you are an e-commerce operator, don't forget to file GSTR-8 by the 10th of every month. This...
09/01/2026

ℹ️ Attention GST filers! If you are an e-commerce operator, don't forget to file GSTR-8 by the 10th of every month. This return includes details of supplies made through your platform. Stay compliant and avoid penalties by filing on time. πŸ“ŠπŸ“

πŸ“’ Hey taxpayers! Did you know that timely payment of TDS/TCS is crucial for avoiding penalties and compliance issues wit...
07/01/2026

πŸ“’ Hey taxpayers! Did you know that timely payment of TDS/TCS is crucial for avoiding penalties and compliance issues with the Income Tax department? Stay updated with your obligations and fulfill them on time to stay hassle-free! πŸ’°πŸ“‘

πŸ“’ Did you know? Tax Deducted at Source (TDS) Payment can now be made by Authorized Officers (AO) in the Income Tax depar...
07/01/2026

πŸ“’ Did you know? Tax Deducted at Source (TDS) Payment can now be made by Authorized Officers (AO) in the Income Tax department. This initiative aims to streamline the payment process and ensure smoother compliance with tax regulations. Stay informed and fulfill your tax obligations hassle-free! πŸ§ΎπŸ’΅πŸ“‘

πŸ“Œ GST Valuation Update – RSP-Based Taxation for Specified Goods(For informational purposes only | Subject to applicable ...
03/01/2026

πŸ“Œ GST Valuation Update – RSP-Based Taxation for Specified Goods

(For informational purposes only | Subject to applicable law)

Application Date: 01 January 2026

The Government of India has issued Notification No. 19/2025–Central Tax and Notification No. 20/2025–Central Tax, introducing a significant change in the valuation mechanism under GST for certain notified goods.

πŸ”Ή The revised valuation applies to pan masala, to***co, ci******es, and nicotine-based products.
πŸ”Ή With effect from 1 February 2026, the value of supply for these goods shall be deemed as the declared Retail Sale Price (RSP) minus applicable GST, irrespective of the actual transaction value.
πŸ”Ή To give effect to this change, Rule 31D has been inserted in the CGST Rules, 2017.
πŸ”Ή Corresponding relief has also been provided under Rule 86B for non-manufacturer registered persons, where GST has already been discharged on an RSP basis.

This amendment marks a shift towards RSP-linked valuation for specified goods, aimed at strengthening valuation consistency and tax administration

Today, we celebrate the birth anniversary of Savitri Bai Phule, a pioneer in women's education and social reform. Let's ...
03/01/2026

Today, we celebrate the birth anniversary of Savitri Bai Phule, a pioneer in women's education and social reform. Let's honor her tireless efforts in advocating for gender equality and education for all. πŸ™πŸ“š

πŸŽ‰βœ¨ Wishing everyone a Happy New Year filled with joy, love, and good fortune! May this new year bring you lots of happin...
01/01/2026

πŸŽ‰βœ¨ Wishing everyone a Happy New Year filled with joy, love, and good fortune! May this new year bring you lots of happiness and memorable moments with your loved ones. Let's welcome 2023 with open arms and positive vibes! Cheers to a brand new chapter ahead! πŸ₯³πŸŽ† #2023

πŸ“Œ MCA Circular – Relief for Annual Filings (FY 2024-25)(For informational purposes only | Subject to applicable law)Appl...
31/12/2025

πŸ“Œ MCA Circular – Relief for Annual Filings (FY 2024-25)

(For informational purposes only | Subject to applicable law)

Application Date: 30 December 2025

The Ministry of Corporate Affairs (MCA) has issued General Circular No. 08/2025 dated 30 December 2025, granting procedural relief to companies in respect of annual filings under the Companies Act, 2013.

πŸ”Ή Companies are permitted to file the following e-Forms for FY 2024-25 up to 31 January 2026, without payment of additional fees:

MGT-7 / MGT-7A

AOC-4 / AOC-4 XBRL

NBFC-related AOC-4 forms

πŸ”Ή This relaxation applies only to additional fees.
πŸ”Ή All other terms and conditions prescribed under General Circular No. 06/2025 continue to remain unchanged.

This measure provides time-bound compliance relief and facilitates smoother completion of statutory annual filings.

Exciting news for MCA students! 🌟 Did you know that AOC 4 has been extended this semester? This means more time to work ...
31/12/2025

Exciting news for MCA students! 🌟 Did you know that AOC 4 has been extended this semester? This means more time to work on your projects and perfect your skills. Make sure to take advantage of this opportunity!

πŸ“Š Did you know? The Ministry of Corporate Affairs (MCA) has introduced the AOC-4 XBRL Extended, a new reporting format f...
31/12/2025

πŸ“Š Did you know? The Ministry of Corporate Affairs (MCA) has introduced the AOC-4 XBRL Extended, a new reporting format for companies to submit their financial data more efficiently. Stay updated with the latest regulations in the corporate world! πŸ“ˆπŸ“

πŸ“’ Attention all MCA students! πŸ“’ Did you know that the deadline for submitting your MGT-7 Extended form is approaching? M...
31/12/2025

πŸ“’ Attention all MCA students! πŸ“’ Did you know that the deadline for submitting your MGT-7 Extended form is approaching? Make sure to complete and submit your form on time to avoid any complications. Stay organized and stay ahead with your MCA department requirements. πŸ“πŸ”’

Address

#6-1-289/1/1A, Flat No 102, Gharonda Apartment, Padmarao Nagar
Secunderabad
500025

Opening Hours

Monday 10am - 7pm
Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10am - 7pm
Friday 10am - 7pm
Saturday 10am - 5pm

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