Arpit Gupta & Co.

Arpit Gupta & Co. At Arpit Gupta & Co., we provide the best consultancy services of Income tax, GST. Arpit Gupta & Co. In India, we have a client base of over 350+ companies.

We are a team of expert and dedicated professionals who are committed to provide the best quality services in order to serve the best interest of our clients. is a professionally managed CA firm established in 2012 established by Indian chartered accountants. The firm operates from its offices in Lucknow, Delhi, Lakhimpur-Khiri. The firm's approach to service delivery helps provide value-added ser

vices to clients. Running through our organization is a strong sense of obligation to serve a number of different stakeholders who count on us to deliver quality and excellence in everything we do. Every day, each one of us makes choices and decisions that directly affect the way we experience each other and the way our clients and wider communities experience us. Our values give us confidence that we are using the same principles to help us make these decisions throughout our organization

For NGOs, trusts, and societies, 12A/12AB and 80G compliance is not a one-time registration exercise. Proper records, ti...
24/08/2026

For NGOs, trusts, and societies, 12A/12AB and 80G compliance is not a one-time registration exercise. Proper records, timely audits, and statutory filings are essential to protect tax benefits, transparency, and donor confidence.

Key compliance areas include:

1. Audit records
Maintain books of account, donation and grant records, receipts, expense details, asset registers, and supporting documents in an organised manner.

2. Statutory filings
Complete the applicable audit reporting and income tax return filing within the prescribed timelines. Delays or incomplete submissions may create compliance complications.

3. Registration continuity
Regularly review 12A/12AB and 80G registration details, donor documentation, renewal or revalidation requirements, and applicable reporting obligations.

4. Governance and documentation
Ensure that funds are applied strictly towards stated charitable objectives and that resolutions, vouchers, utilisation records, and financial statements are properly maintained.

Sound compliance strengthens the organisation’s credibility and supports continued confidence among donors, beneficiaries, regulators, and stakeholders.

Arpit Gupta & Co., Chartered Accountants, provides professional assistance for NGO, trust, and society audit, 12A/12AB and 80G compliance, income tax filing, documentation, and statutory reporting.

For clear and reliable compliance support, visit https://caarpitgupta.com/ or connect with Arpit Gupta & Co. today.

Tax incentives can strengthen a startup’s runway: but only when eligibility and documentation are planned before the ret...
24/08/2026

Tax incentives can strengthen a startup’s runway: but only when eligibility and documentation are planned before the return is filed.

1. Section 80-IAC
Eligible startups may claim 100% deduction of eligible business profits for any 3 consecutive years within the first 10 years, subject to conditions. Key checks include:

• Private limited company or LLP structure
• Incorporation within the prescribed period
• DPIIT recognition and required eligibility certification
• Turnover within the applicable limit; the 80-IAC framework is commonly associated with a ₹100 crore threshold, while DPIIT recognition thresholds may differ
• Innovation, development or scalability criteria
• No formation through splitting or reconstruction of an existing business
• Proper books, audit records, Form 80-IAC and CA verification

2. DPIIT Recognition
DPIIT recognition can provide access to several startup benefits, but it does not automatically grant the Section 80-IAC deduction. Each incentive has separate conditions, applications and documentation requirements. Keep incorporation documents, financial statements, cap table, business model and innovation records updated.

3. ESOP Taxation
For eligible startup employees and founders, ESOP taxation generally involves:

• Perquisite tax at exercise based on fair market value less the exercise price
• Deferred tax payment only where statutory conditions are satisfied
• Tax becoming payable on the earliest applicable trigger, such as sale of shares, cessation of employment or expiry of the prescribed deferral period
• Capital gains tax separately on the sale of shares, based on the applicable cost and holding period

Startups should align ESOP grants, valuation, payroll withholding, employee communication, Form 16/TDS and cap table records. Employees and founders should also plan cash flow before exercising options.

Tax rules and thresholds may change, and eligibility depends on the facts of each case. Obtain a case-specific review before claiming any incentive.

Arpit Gupta & Co., Chartered Accountants helps startups with DPIIT recognition, Section 80-IAC eligibility, tax compliance and ESOP planning. Visit https://caarpitgupta.com/ to get started.

A business expense is not protected by payment alone. It must be properly documented and connected to the business.To su...
23/08/2026

A business expense is not protected by payment alone. It must be properly documented and connected to the business.

To support your deductions, maintain:

1. A clear business purpose showing that the expense was incurred wholly and exclusively for business.
2. Bills or invoices with vendor details and applicable GST information.
3. Payment proof, approvals, expense notes, and accounting entries.
4. Organised ledgers, digital backups, and a consistent expense review trail.

Be especially careful with personal expenses, capital expenditure claimed as routine revenue expenses, and excessive drawings. These may be disallowed or questioned during scrutiny.

A written expense policy helps your team record, approve, and classify expenses consistently; reducing compliance risk and strengthening your position.

Arpit Gupta & Co., Chartered Accountants, provides practical accounting, tax planning, audit, and compliance support for businesses.



Need help with expense documentation and tax compliance? Visit https://caarpitgupta.com/ and speak with Arpit Gupta & Co. today.

Partnership firm compliance requires more than maintaining books of accounts. Proper documentation and timely filing are...
23/08/2026

Partnership firm compliance requires more than maintaining books of accounts. Proper documentation and timely filing are essential to protect legitimate tax deductions and avoid avoidable disputes.

1. Partnership deed compliance
The deed should clearly authorize partner remuneration, interest on capital, profit sharing, and the method of computation. Any ex*****on or amendment should be completed appropriately and supported by proper records.

2. Remuneration and interest deductions
Remuneration is generally deductible only when paid to working partners and authorized by the partnership deed. Interest on partner capital is subject to the prescribed conditions and rate limits, including the applicable 12% simple interest per annum restriction. The overall deduction must remain within the statutory ceiling under Section 40(b) and the relevant profit-based limits.

3. Accurate ITR filing
Before filing, reconcile the books, partner capital and current accounts, TDS and GST records, and profit allocation. The applicable income tax return, typically ITR-5, must be filed within the prescribed due date.

Section 40(b) conditions should be reviewed carefully before claiming deductions, as applicability depends on the facts of the firm and the law in force.

For reliable partnership firm compliance, taxation and ITR filing support, connect with Arpit Gupta & Co., Chartered Accountants. Visit www.caarpitgupta.com or https://caarpitgupta.com/ today.

A startup’s compliance framework should be established from the day it is incorporated: not after the business begins to...
22/08/2026

A startup’s compliance framework should be established from the day it is incorporated: not after the business begins to scale.

Three areas require careful attention:

1. Incorporation compliance
Complete the appropriate company or LLP registration, obtain PAN and TAN, open a compliant business bank account, assess GST and TDS obligations, maintain proper books, and complete ROC and MCA filings within the prescribed timelines.

2. Expense classification and capitalization
Correctly distinguish capital expenditure, revenue expenditure, and pre-operative expenses. Eligible asset costs may require capitalization and depreciation, while other expenses must be recorded under the appropriate accounting treatment. Proper invoices, agreements, payment records, and supporting documentation are essential for audit and tax purposes.

3. Tax incentives
Eligible startups may benefit from incentives such as DPIIT recognition and, subject to statutory conditions, the Section 80-IAC deduction. These benefits are not automatic. Eligibility, approvals, incorporation timelines, business activity, prescribed documentation, and timely compliance must be reviewed carefully.

Correct classification today can prevent costly tax adjustments, interest, penalties, and compliance complications tomorrow.

Arpit Gupta & Co., Chartered Accountants, provides end-to-end startup incorporation, accounting, tax planning, and compliance support without confusion.

Visit https://caarpitgupta.com/ to plan your startup’s compliance framework with confidence.

Managing income, property or investments in India while living overseas? NRI taxation requires careful coordination betw...
22/08/2026

Managing income, property or investments in India while living overseas? NRI taxation requires careful coordination between the Income-tax Act, FEMA regulations and banking procedures.

Key areas to review:

1. NRE, NRO and FCNR accounts
NRE and FCNR(B) interest is generally exempt in India for eligible NRIs, while NRO interest and other Indian-source income are generally taxable, with TDS as applicable. Repatriation rules differ by account type.

2. Indian property income and transactions
Rental income from Indian property is taxable. Property purchases and sales require PAN, proper documentation and banking records. Section 194-IA may apply in specified purchases from a resident seller. Payments to an NRI seller generally require a Section 195 withholding review. Section 194-IB may apply to rent in specified cases, subject to the payer, recipient status and applicable thresholds.

3. Capital gains
Sale of Indian property, shares, securities or other assets may trigger capital gains tax. The correct treatment depends on residential status, holding period, asset type, cost records, exemptions and applicable DTAA provisions.

4. Form 15CA/15CB and FEMA compliance
Before remitting taxable Indian income or sale proceeds overseas, determine taxability, TDS and FEMA requirements. Form 15CA may be required, while Form 15CB may be needed where a Chartered Accountant certificate is prescribed.

At Arpit Gupta & Co., Chartered Accountants, we provide clear, transaction-specific guidance for NRI tax filing, property taxation, capital gains, FEMA compliance and remittances.

Visit https://caarpitgupta.com/ to seek professional assistance before completing your transaction.

Share market and F&O trading require accurate classification, complete documentation and timely tax compliance.Before fi...
21/08/2026

Share market and F&O trading require accurate classification, complete documentation and timely tax compliance.

Before filing your income tax return, review the following:

1. Capital Gains: Listed shares and securities must be correctly reported as short-term or long-term capital gains, based on the nature and holding period of the investment.

2. Trading Account Statements: Reconcile broker statements, contract notes, dividends, charges, expenses and F&O turnover. Maintain records that support every figure reported in the return.

3. Tax Audit Requirements: For F&O traders, income is generally considered business income. Tax audit applicability depends on turnover, profit or loss, the applicable presumptive taxation provisions and other prescribed conditions. The correct assessment requires a review of your complete trading activity and financial records.

Incorrect classification or incomplete reporting may lead to tax demands, interest, penalties and notices. Early review helps ensure accurate disclosure and informed tax planning.

Arpit Gupta & Co., Chartered Accountants, provides professional assistance with capital gains computation, F&O taxation, trading statement reconciliation, income tax filing and tax audit compliance.

For clear and compliant tax guidance, visit https://caarpitgupta.com/ or www.caarpitgupta.com.

Marketplace sellers: your bank settlement is not your actual sales figure.For Amazon, Flipkart and Meesho sellers, accur...
21/08/2026

Marketplace sellers: your bank settlement is not your actual sales figure.

For Amazon, Flipkart and Meesho sellers, accurate accounting requires more than recording the amount received in the bank. Your books should capture:

1. TCS under Section 52: Reconcile marketplace TCS with portal statements, GST records and your books.

2. Commission and deductions: Record commission, shipping, advertising, penalties and other marketplace charges separately.

3. GST on marketplace supplies: Match sales, GST liability, TCS, invoices and settlement reports to ensure correct compliance.

4. Warehouse and FBA stock: Track inventory held at fulfilment centres, inter-warehouse transfers, damaged stock and stock adjustments.

5. Refunds and returns: Reconcile customer refunds, cancellations, reverse logistics and the related GST impact.

A proper marketplace reconciliation should bridge the gap between gross sales and net settlement:

Gross sales − returns/refunds − commission and charges − TCS − GST = net settlement

Well-maintained books help protect cash flow, identify leakage, support accurate GST reporting and simplify income tax compliance.

For practical e-commerce accounting, GST compliance and marketplace reconciliation, connect with Arpit Gupta & Co., Chartered Accountants at https://caarpitgupta.com/.

Capital gains on shares and equity mutual funds should be reviewed carefully before you sell. The holding period, STT co...
20/08/2026

Capital gains on shares and equity mutual funds should be reviewed carefully before you sell. The holding period, STT conditions, fund category and transaction date can significantly affect your tax liability.

1. Holding period: Listed equity shares and equity-oriented mutual funds held for 12 months or less are generally treated as short-term capital assets. Holding them for more than 12 months generally qualifies as long-term.

2. STT and tax rates: Subject to applicable conditions, STCG on eligible listed equity is generally taxed at 20% for transfers on or after 23 July 2024. LTCG under Section 112A is generally taxed at 12.5% on gains exceeding the applicable annual threshold of ₹1,25,000 for such transfers. Earlier periods may follow different provisions.

3. Debt mutual funds: Specified debt mutual funds may be taxed at applicable slab rates without indexation. Do not assume equity mutual fund rules apply; verify the fund category and acquisition date.

4. Set-off and carry-forward: Short-term capital loss can generally be adjusted against STCG or LTCG, while long-term capital loss can generally be adjusted only against LTCG. Eligible unabsorbed losses may be carried forward for up to 8 assessment years, subject to timely return filing.

5. Reconcile before filing: Match broker contract notes, realised profit and loss statements, demat records, mutual fund capital-gain statements, dividend records, bank entries, fees and corporate actions.

For accurate capital gains computation and income tax filing, consult Arpit Gupta & Co., Chartered Accountants. Visit https://caarpitgupta.com/ for professional assistance.

Tax filing stress usually arrives when your documents decide to play hide-and-seek at the last minute.A calmer approach ...
20/08/2026

Tax filing stress usually arrives when your documents decide to play hide-and-seek at the last minute.

A calmer approach is simple: prepare early.

Keep these ready:
1. Income details
2. Investment proofs
3. Bank statements

When your paperwork is organised, filing becomes less of a panic exercise and more of a straightforward financial task. After all, tax preparation should involve calculations: not detective work.

Arpit Gupta & Co., Chartered Accountants, provides clear and reliable income tax filing and tax planning support to help you stay prepared and compliant.

Be prepared. Not panicked.

Visit https://caarpitgupta.com/ or www.caarpitgupta.com/ to connect with Arpit Gupta & Co. and make your tax filing simpler.

Address

8/102G, SECTOR 8, NEAR PRERNA PARK, INDIRA NAGAR
Lucknow
226016

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 5pm

Telephone

+91 9454365382

Website

Alerts

Be the first to know and let us send you an email when Arpit Gupta & Co. posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Arpit Gupta & Co.:

Shortcuts

Share