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DVS Advisors is a tax-centric, diversified professional services organization with presence in 6 countries and partners in over 100 countries through our affiliation. Since our founding in 2007, we have earned the trust of numerous family owned businesses, entrepreneurs and midmarket corporates and have become their preferred partner for specialized tax and business advising services.

We concentrate on developing and providing practical, business-specific, and, most importantly, implementable solutions.

April 30, 2016

DEDUCTION IN RESPECT OF BAD AND DOUBTFUL DEBTS IN CASE OF NBFCS

The existing provisions of Section 36(1) (viia) allows for a deduction of maximum 5% of the Gross Total Income (before […]
April 30, 2016

INCREASE IN THRESHOLD LIMIT OF PRESUMPTIVE TAXATION SCHEME FOR PERSONS HAVING BUSINESS INCOME

The existing provision of Section 44AD states that eligible businesses having gross receipts not exceeding Rs.1 crore shall be presumed […]
April 30, 2016

INCREASE IN THRESHOLD LIMIT FOR AUDIT OF PROFESSIONALS

The existing provision of Section 44AB provides for compulsory audit for professionals whose gross receipts exceed Rs.25 lakhs. It is […]