ASCA & ASSOCIATES
Chartered Accountants

News & Events

03/09/2025

CCI approves acquisition of certain share capital & voting rights of YES Bank by SMBC

NFRA to start compliance drive as several firms fail to file annual returns

CBDT eases black money rules, revises exemption threshold from Rs. 5 lakh to Rs. 20 lakh

ICAI Postponed CA Inter & Final Exams Scheduled to be held on 3rd and 4th Sept 2025

01/09/2025

Monthly GST Collections Report – August 2025

Audit committees need to ensure independence of auditors - NFRA

28/08/2025

SEBI Flags Gaps in Corporate Disclosures

27/08/2025

CBIC Urges against Speculation on GST Rates

Draft Rules for new Income Tax Act expected by year end - CBDT

Govt appoints Goldman Sachs as sole banker for stake dilution in 4 public sector banks

23/08/2025

ED arrests auditor in Falcon invoice scam worth Rs.792 Cr

Notifications/ Circulars

26/08/2025

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments to 05 Entries

16/08/2025

Reserve Bank of India (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025

Compliance with Hon’ble Supreme Court Order dated April 30, 2025 in the matter of Pragya Prasun and Ors. vs Union of India (W.P.(C) 289 of 2024) and Amar Jain vs Union of India & Ors. (W.P.(C) 49 of 2025)

14/08/2025

Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System

Investment in Government Securities by Persons Resident Outside India through Special Rupee Vostro account

06/08/2025

Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025

Reserve Bank of India (Co-Lending Arrangements) Directions, 2025

International Trade Settlement in Indian Rupees (INR)

29/07/2025

Reserve Bank of India (Investment in AIF) Directions, 2025

Relaxation of time limit for processing of ITR filed electronically which were incorrectly invalidated by CPC

Contact Us

ASCA & ASSOCIATES

Chartered Accountants,

No 716/35, JC Plaza, 2nd Floor, 12th Main Road, 42nd Cross, 3rd Block,

Rajajinagar, (Near ESI Hospital Signal) Bangalore - 560010.

Ph.080-23402441, Mob. 08904705900, 9980021836

email : asca.associates@gmail.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.