:: Welcome to S.D.Lakhotia & Co. ::

Welcome to S.D.Lakhotia & Co.

S.D.Lakhotia & Co. is a partnership firm established in 1988. Since our inception we have been providing all kinds of Professional Services including Project financing, Consultation and Liasoning for Central and State Government Subsidies, Auditing, Assurance Services, Statutory Compliances under Tax and Corporate Acts, Startup Advisory, RERA, Income Tax & GST Assessments and Appeals

Our mission is to provide our clients a one stop solution for all kinds of professional services so that they save their time and efforts and focus more on their core business processes while we take care of all statutory and financial processes. Our vision is to provide an environment for sustainable growth of our clients’ business driven by financial efficiency and fuillfilment of statutory requirements

Our Services

Project Finance

Central Government Subsidies

State Government Subsidies & DIC Work

MIDC Related Work

Statutory Audit Under Companies Act, 2013

Tax Audit Under Income Tax Act, 1961

GST Audit

Formation of Companies, LLPs, Partnership Firms (Starting Business)

Start up Advisory

Government Audit

Income Tax Return Filling, Scrutiny, Appealate Cases

GST Return Filling, GST Refunds, Appeals, Business Audit

RERA

VAT Audit, Assessment & Appeals

Assurance Services

ROC Compliances, NCLT Petitions

DT Consultancy & Advisory

IDT Consultancy & Advisory

Managerial Services

Internal & Concurrent Audit

Legal Documentation & Secretarial Services

News

18 Aug 25
CBDT Amends Form No. 7 to include both Assessment Year and Block Period Effective from 1st September 2025
ICAI Issues Checklist for Filing ITR-1 and ITR-4 for AY 2025-26
17 Aug 25
Apollo Tyres Receives GST Demand Order from TN Commercial Taxes Department
Officer Barred from Relevying Covered Demand: Orissa HC Quashes GST Order as Double Taxation
GSTN Launches "Navigate to GSTR-1A" on GST Portal
GST Council Likely to Approve 5% and 18% Two-Slab Structure: Big Reforms Coming by Diwali
16 Aug 25
Title : India’s FY26 Gross Direct Tax Collections Reach ?7.99 Lakh Crore as of Aug 11
Facility for Filing Updated Returns for AY 2021-22 and AY 2022-23 for ITR-3 and ITR-4 Now Available
Income Tax Department Releases Excel Utility of ITR-6 for AY 2025-26
15 Aug 25
ICAI Hails New Income Tax Bill 2025 as a Clear, Business-Friendly Framework
CBIC and CBDT Grapple with 39–34% Staff Shortages Amid New Tax Reforms
CAG Flags Gaps in GST E-Way Bill System
13 Aug 25
Rajya Sabha Passes New Income Tax Bill 2025 by Voice Vote to Replace Six-Decade-Old Act
Calcutta HC Quashes GST Order for Violating Mandatory Hearing Requirement U/S 75(4)
Calcutta HC: GST Authorities Cannot Recover Full Tax Demand Before Appeal Period Ends
Karnataka Officers Uncover Approx. ?39,000 Crore GST Evasion in FY 2024-25
12 Aug 25
ICAI Launches Practical Guide to GST Disputes to Empower CAs in Litigation and Representation
GST ITC Reversal on Expired Drugs: Gujarat HC Seeks Department’s Response
Vyapar Mandal Meets Union MoS Chaudhary Over GST Simplification in Punjab
Madras HC Quashes GST Orders Issued Under Notif. No. 56/2023, Says Extension Valid Only in Exceptional Circumstances
11 Aug 25
ITR-5 Excel Utility for AY 2025-26 Released
Lok Sabha Passes Manipur GST Amendment Bill 2025
Government Appoints 31 Technical Members (Centre) to State Benches of GST Appellate Tribunal
GST ITC Reversal on Expired Drugs: Gujarat HC Seeks Department’s Response
10 Aug 25
Income Tax Bill 2025 Withdrawn, Fresh Version to Be Tabled in Lok Sabha on August 11
ICAI Launches International ADR Centre to Promote Alternate Dispute Resolution in India
Vyapar Mandal Meets Union MoS Chaudhary Over GST Simplification in Punjab
Madras HC Quashes GST Orders Issued Under Notif. No. 56/2023, Says Extension Valid Only in Exceptional Circumstances
09 Aug 25
Parliamentary Panel Seeks Faster Appointment of GST Appellate Tribunal Benches Nationwide
AP Launches ?5?Crore Thrift Fund for Weavers, Offsets GST for Handlooms
Orissa High Court Directs 10% Tax Payment Within a Week for GST Appeal Relief
08 Aug 25
Delhi HC: Consolidated GST SCN Must for Multiple-Year ITC Mismatch Allegations
Uttar Pradesh Records First Fiscal YoY GST Rise Post June Slump
Supreme Court Rejects Plea Challenging Relief on GST ECL Blocking
06 Aug 25
Bombay HC: Section 54 Exemption Allowed Even When Sale Proceeds Used for Numerous Residential Units
Supreme Court: 100% GST Penalty Requires Proof of Fraud, Orders High Court for Rehearing
05 Aug 25
ITAT Delhi Quashes Assessment Framed U/S 143(3) Due to Invalid Notice Format U/S 143(2)
July 2025 GST Collection at ?1.96 Lakh Crore, Grows 7.5% YoY
How GST Software Helps Transport & Logistics Businesses
04 Aug 25
ICSI Calls for Recognition of Company Secretaries as `Accountants` Under Income Tax Bill
Pre-Filled SCN Waiver Form Not Legally Valid: Delhi HC Orders Release of Jewellery Upon Payment
03 Aug 25
Income Tax Bill 2025: Lok Sabha Panel Recommends Over 330 Changes to Boost Clarity
02 Aug 25
GST Collection Hits Rs 1.96 Lakh Crore in July 2025, Rises 7.5% YoY
Delhi HC: GST Audit Can’t Be Completed Without a Reply, Violates CGST Rule 101(4)
No TDS, No Fee: ITAT Mumbai Cancels ?1.16 Lakh Late Filing Penalty Imposed U/S 234E
Hyderabad CESTAT: No Service Tax on Repairs of Sainik School Buildings by Military Engineering Services
31 Jul 25
No Change in LTCG Tax Rates in Income Tax Bill 2025, Clarifies IT Department
Income Tax Department Releases Offline and Online Utility for ITR-3 Filing for AY 2025-26
Gujarat HC: GST Officers Can’t Be Cross-Examined Over Summons or Arrest Memos
GST AAR: No ITC on Goods and Services Used to Operate 10.2 MW Solar Plant
FM Clarifies GST Exemption on Maintenance Charges for Small Apartments Below INR 7500

18 Aug 25

CBDT Amends Form No. 7 to include both Assessment Year and Block Period Effective from 1st September 2025

ICAI Issues Checklist for Filing ITR-1 and ITR-4 for AY 2025-26

17 Aug 25

Apollo Tyres Receives GST Demand Order from TN Commercial Taxes Department

Officer Barred from Relevying Covered Demand: Orissa HC Quashes GST Order as Double Taxation

GSTN Launches "Navigate to GSTR-1A" on GST Portal

GST Council Likely to Approve 5% and 18% Two-Slab Structure: Big Reforms Coming by Diwali

16 Aug 25

Title : India’s FY26 Gross Direct Tax Collections Reach ?7.99 Lakh Crore as of Aug 11

Facility for Filing Updated Returns for AY 2021-22 and AY 2022-23 for ITR-3 and ITR-4 Now Available

Income Tax Department Releases Excel Utility of ITR-6 for AY 2025-26

15 Aug 25

ICAI Hails New Income Tax Bill 2025 as a Clear, Business-Friendly Framework

CBIC and CBDT Grapple with 39–34% Staff Shortages Amid New Tax Reforms

CAG Flags Gaps in GST E-Way Bill System

13 Aug 25

Rajya Sabha Passes New Income Tax Bill 2025 by Voice Vote to Replace Six-Decade-Old Act

Calcutta HC Quashes GST Order for Violating Mandatory Hearing Requirement U/S 75(4)

Calcutta HC: GST Authorities Cannot Recover Full Tax Demand Before Appeal Period Ends

Karnataka Officers Uncover Approx. ?39,000 Crore GST Evasion in FY 2024-25

12 Aug 25

ICAI Launches Practical Guide to GST Disputes to Empower CAs in Litigation and Representation

GST ITC Reversal on Expired Drugs: Gujarat HC Seeks Department’s Response

Vyapar Mandal Meets Union MoS Chaudhary Over GST Simplification in Punjab

Madras HC Quashes GST Orders Issued Under Notif. No. 56/2023, Says Extension Valid Only in Exceptional Circumstances

11 Aug 25

ITR-5 Excel Utility for AY 2025-26 Released

Lok Sabha Passes Manipur GST Amendment Bill 2025

Government Appoints 31 Technical Members (Centre) to State Benches of GST Appellate Tribunal

GST ITC Reversal on Expired Drugs: Gujarat HC Seeks Department’s Response

10 Aug 25

Income Tax Bill 2025 Withdrawn, Fresh Version to Be Tabled in Lok Sabha on August 11

ICAI Launches International ADR Centre to Promote Alternate Dispute Resolution in India

Vyapar Mandal Meets Union MoS Chaudhary Over GST Simplification in Punjab

Madras HC Quashes GST Orders Issued Under Notif. No. 56/2023, Says Extension Valid Only in Exceptional Circumstances

09 Aug 25

Parliamentary Panel Seeks Faster Appointment of GST Appellate Tribunal Benches Nationwide

AP Launches ?5?Crore Thrift Fund for Weavers, Offsets GST for Handlooms

Orissa High Court Directs 10% Tax Payment Within a Week for GST Appeal Relief

08 Aug 25

Delhi HC: Consolidated GST SCN Must for Multiple-Year ITC Mismatch Allegations

Uttar Pradesh Records First Fiscal YoY GST Rise Post June Slump

Supreme Court Rejects Plea Challenging Relief on GST ECL Blocking

06 Aug 25

Bombay HC: Section 54 Exemption Allowed Even When Sale Proceeds Used for Numerous Residential Units

Supreme Court: 100% GST Penalty Requires Proof of Fraud, Orders High Court for Rehearing

05 Aug 25

ITAT Delhi Quashes Assessment Framed U/S 143(3) Due to Invalid Notice Format U/S 143(2)

July 2025 GST Collection at ?1.96 Lakh Crore, Grows 7.5% YoY

How GST Software Helps Transport & Logistics Businesses

04 Aug 25

ICSI Calls for Recognition of Company Secretaries as `Accountants` Under Income Tax Bill

Pre-Filled SCN Waiver Form Not Legally Valid: Delhi HC Orders Release of Jewellery Upon Payment

03 Aug 25

Income Tax Bill 2025: Lok Sabha Panel Recommends Over 330 Changes to Boost Clarity

02 Aug 25

GST Collection Hits Rs 1.96 Lakh Crore in July 2025, Rises 7.5% YoY

Delhi HC: GST Audit Can’t Be Completed Without a Reply, Violates CGST Rule 101(4)

No TDS, No Fee: ITAT Mumbai Cancels ?1.16 Lakh Late Filing Penalty Imposed U/S 234E

Hyderabad CESTAT: No Service Tax on Repairs of Sainik School Buildings by Military Engineering Services

31 Jul 25

No Change in LTCG Tax Rates in Income Tax Bill 2025, Clarifies IT Department

Income Tax Department Releases Offline and Online Utility for ITR-3 Filing for AY 2025-26

Gujarat HC: GST Officers Can’t Be Cross-Examined Over Summons or Arrest Memos

GST AAR: No ITC on Goods and Services Used to Operate 10.2 MW Solar Plant

FM Clarifies GST Exemption on Maintenance Charges for Small Apartments Below INR 7500

Due Date Reminder

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

20 Aug 25 To add/amend particulars (other than GSTIN) in GSTR-1 of July. It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B. If incorrect values are auto-populated in Table 3.2 of GSTR-3B, correct the values by making amendments through

20 Aug 25 Summary Return cum Payment of Tax for July by Monthly filers. (other than QRMP). Auto-populated values in Table 3.2 of GSTR-3B for inter-state supplies made to unregistered persons, composition taxpayers, and UIN holders are now non-editable. Returns upto

20 Aug 25 Monthly Return by persons outside India providing online information and data base access or retrieval services, for July. Returns upto June 2022 cannot be filed now.

25 Aug 25 Deposit of GST under QRMP scheme for July .

28 Aug 25 Return for July by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.

30 Aug 25 Deposit of TDS u/s 194-IA on payment made for purchase of property in July.

30 Aug 25 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 July. (Else TDS is to be deposited on annual basis by 30 April of next year.)

30 Aug 25 Deposit of TDS on certain payments made by individual/HUF u/s 194M for July.

30 Aug 25 Deposit of TDS on Virtual Digital Assets u/s 194S for July.

31 Aug 25 Application for exercising option under Explanation to section 11(1) to apply income of previous year in the next year or in future, if ITR due date is October 31.

31 Aug 25 Statement in to be furnished to accumulate income for future application u/s 10(21) or 11(1), if ITR due date is October 31.

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S.D.Lakhotia & Co.

S.D.Lakhotia & Co.

S.D.Lakhotia & Co.

S.D.Lakhotia & Co.