• Ambalal M. Shah & Co
    Chartered Accountant

    Founded in 1953 in the name of B.H.Patel & Co.

    Read More
  • Ambalal M. Shah & Co
    Chartered Accountant

    Founded in 1953 in the name of B.H.Patel & Co.

    Read More
  • Ambalal M. Shah & Co
    Chartered Accountant

    Founded in 1953 in the name of B.H.Patel & Co.

    Read More
  • Ambalal M. Shah & Co
    Chartered Accountant

    Founded in 1953 in the name of B.H.Patel & Co.

    Read More
  • Ambalal M. Shah & Co
    Chartered Accountant

    Founded in 1953 in the name of B.H.Patel & Co.

    Read More

Welcome to
Ambalal M. Shah & Co

Founded in 1953 in the name of B.H.Patel & Co., Baroda, later in 1973 it changed its name to Ambalal M. Shah & Co. (AMSCO) and then converted to partnership firm since 1978. The firm has been providing services to diverse sections of clients helping them to grow. The firm has conducted number of audits for CAG appointed government companies as statutory auditors and handled search survey & settlement commission cases. The firm has a branch in Mumbai and is on its way to open office in Jaipur.

The firm provides audit and assurance service, direct and indirect tax support and business consulting. The firm has also been providing client specific tailor-made specialized services in diverse fields. Across the service areas, the firm has dealt with a wide cross section of industrial and service sectors.

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Our
SERVICES

We understand that for any organization to be successful SERVICE is the key factor and hence we always strive hard to provide our clients the best possible services at each and every stage of their business.

Auditing & Assurance Services

Bank Statutory Audits, Bank Concurrent Audit, Statutory Audit

Income Tax Compliances

Tax Planning, Tax Advisory Services, Tax Return Filing, Opinions

Goods & Service Tax (GST)

GST Impact Analysis Study for Companies, General Advisory and Training

Secretarial Services

Amalgamation/Takeover, Mergers & Acquisitions, Incorporation of companies

Legal Services

Giving Opinions on Complex issues, Representation before various Tax Authorities

Insolvency and Bankruptcy Code

Managing bankruptcy proceedings and advising under ‘Sick Industries’ regulations.

News, Due Date Reminder

News

11 Jul 25
CBDT Collects Rs 20,000 Crore in Q1 FY2025, Doubles Previous Year`s Recovery
Karnataka HC Quashes I-T Assessment Over Notice Sent to Old Email, Cites Denial of Fair Hearing
Beware of Fraudulent Emails: PIB Warns Against Fake E-PAN Card Download Links
MCA Designates CA, CMA, and CS in Appellate Authority Via Notification No. G.S.R. 456(E)
10 Jul 25
Odisha Records a 126% Increase in GST Collections Since FY19 to 25
09 Jul 25
CBDT Mandates Aadhaar OTP for Email, Mobile & PAN Updates
Cuttack ITAT Deletes ?5.01 Lakh Addition U/S 69A; Holds Demonetisation-Era Cash Deposits Were Business Receipts
Kerala HC: Section 148A Proceedings Invalid If Income Escaped Is Under ?50 Lakh and Notice Is Beyond 3-Year Limit
Gauhati HC Allows Revival of Cancelled GST Reg After Filing Pending Returns & Paying Dues
AP Agriculture Minister Urges Centre to Lower GST on Mango Pulp from 12% to 5%
08 Jul 25
Kerala HC: GST Notice Sent via WhatsApp Is Invalid Under Section 169 Prior to Seizure
Delay in Filing 10DA Form Treated As Procedural: Ahmedabad ITAT Permits Deduction U/S 80JJAA
Orissa HC Rules on Validity of Single GST Assessment Order for the Same Financial Year
Delhi HC Cancels GST Order Due to Wrong SCN Communication on GSTN Portal
07 Jul 25
CESTAT Delhi: Form 26AS Data Alone Insufficient to Prove Service Tax Liability
TR Refunds for AY 2025-26 Likely to Be Delayed as IT Dept Reviews Past Tax Records
GoM on GST Revenue Forms Panel to Curb Tax Evasion and Boost Compliance
06 Jul 25
Income Tax Dept Rolls Out "TAXASSIST" to Guide Taxpayers, Flag Errors & Ensure Compliance
Form ITR-B Filing Now Enabled Online for Section 158BC Notices via e-Proceeding Tab
05 Jul 25
GST Registration Must Be Reinstated If Dues Are Cleared: Gauhati High Court
Patna HC Quashes Unlawful GST Recovery, Orders Department to Refund the Money
02 Jul 25
GST Collection Marks a 9.4% Increase, Reaching ?22.08 Lakh Crore in FY 2024-25
Kerala HC: Confiscated Goods Under GST Can Be Returned if Not Auctioned
01 Jul 25
Cabinet Committee Reappoints Ravi Agarwal as New CBDT Chairman Again
Gujarat HC: PAN Not Required for Reduced TDS Under DTAA, Upholds Supremacy of Treaty Benefits Over Domestic Law
Upcoming GST Council Meeting to Discuss Simpler Tax Structure & Rate Revision
30 Jun 25
Next GST Council meeting may eliminate 12% tax slab and shift items to other slabs 
ICAI Unites CAs and Entrepreneurs to Power MSME & Startup Ecosystem for Viksit Bharat 2047
29 Jun 25
Ravi Agrawal Reappointed as CBDT Chairman on Contract Basis Till June 2026
Orissa HC: Section 12A Exemption Can’t Be Denied Solely for Delay in Submitting Audit Report
28 Jun 25
Madras HC: No Interest on GST Due if Paid to Cash Ledger, Even with Late GSTR-3B
Madras High Court Quashes GST Demand Order U/S 74 for Lack of Independent Reasoning
GST Penalty Blocked: Calcutta HC Restrains Action Without Prior Approval
26 Jun 25
FM Sitharaman Directs CBDT to Accelerate Tax Refunds and Settle Pending Appeals
GST Tax Evasion Scam Worth Rs 524 Crore Busted, Seven Arrested Across States
CBIC Clarifies Review and Appeal Process for GST Orders Passed by CAA
Maharashtra Moves to Sync State GST Law with CGST Act Amendments
Delhi HC Flags Prima Facie Double Demand in GST ITC Reversal and Utilisation Case
25 Jun 25
CBDT Grants Income Tax Exemption to FSSAI Under Section 10(46A)
NPCI Rolls Out Real-Time PAN & Bank Validation to Speed Up Tax Refunds
Maharashtra GST AAR: 18% Tax Applicable on Shifting of Transmission Lines for Dedicated Consumers
Supreme Court Criticises Misuse of Conditional Bail Undertakings After GST Fraud
24 Jun 25
GST Scam Busted: Advocate Among Two Arrested for Running Fake GST Firm Racket in Delhi
Calcutta HC Sends Back Bajaj’s Appeal to GST Authority Over ITC Legality Lapse
ITR Scrutiny Selection New Rules Updated for FY 2025-26
NPCI Rolls Out Real-Time PAN & Bank Validation to Speed Up Tax Refunds
23 Jun 25
Gross Direct Tax Collection Rises 4.86% in FY26 Despite Surge in Refunds
ICAI Mandates Disclosure of Auditor`s Opinion While Generating UDIN for GST & Tax Audits
22 Jun 25
NPCI Launches Real-Time PAN and Bank Account Validation API on Income Tax Portal
MCA Allows Separate Filing of e-Form CSR-2 on V3 Portal After Transition from MCA21 V2 to V3
TDS Exemption for IFSC Units Under Section 80LA Effective July 1, 2025
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Due Date Reminder

Jan Feb Mar Apr May June
July Aug Sep Oct Nov Dec
All
15 Jul 25 E-Payment of PF for June.
15 Jul 25 Payment of ESI for June
15 Jul 25 Details of Deposit of TDS/TCS of June by book entry by an office of the Government.
15 Jul 25 TCS statements for April-June.
15 Jul 25 Statement by Banks etc. in respect of foreign remittances during April-June.
15 Jul 25 E-filing of form 15G/H for April-June.
15 Jul 25 Issue of TDS Certificate for tax deducted u/s 194-IA on payment made for purchase of property in May.
15 Jul 25 Issue of TDS Certificate for tax deducted on rent above 50,000 pm by certain individuals/HUF under Section 194-IB where lease has terminated in May.
15 Jul 25 Issue of TDS Certificate for tax deducted u/s 194M on certain payments by individual/HUF in May.
15 Jul 25 Issue of TDS Certificate for tax deducted u/s 194S on Virtual Digital Assets in May.
15 Jul 25 RBI Annual Return by Companies having Foreign Investment received or Foreign Investment made abroad during FY 24-25.
15 Jul 25 Annual Return of Foreign Assets & Liabilities for FY 24-25 to be filed by companies, LLPs, etc. which have received FDI and/or made overseas investment and who hold foreign assets/ liabilities.
15 Jul 25 Contribution from Jan-Jun. Amount = No of employee as on 30 June X Rs 3. Online payment to be made at htttps://dlabourwelfareboard.delhi.gov.in after registration at this portal. Prior registration under Delhi Shops & Establishments Act is required at htt
18 Jul 25 Payment of tax under Composition Scheme for June quarter.
20 Jul 25 Monthly Return by persons outside India providing online information and data base access or retrieval services, for June.
20 Jul 25 Add/amend particulars (other than GSTIN) in GSTR-1 of Jun. It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B.
20 Jul 25 Summary Return cum Payment of Tax for June by Monthly filers. (other than QRMP).
22 Jul 25 Summary Return of April-June quarter by Quarterly filers in Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, A
22 Jul 25 Add/amend particulars (other than GSTIN) in GSTR-1 of June quarter by Quarterly filers in Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra a
24 Jul 25 Add/amend particulars (other than GSTIN) in GSTR-1 of June quarter by Quarterly filers in Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, We
24 Jul 25 Summary Return of April-June quarter by Quarterly filers in Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha,
28 Jul 25 Return for June by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.
30 Jul 25 Issue of TCS certificate for April-June by All Collectors.
30 Jul 25 Deposit of TDS u/s 194-IA on payment made for purchase of property in June.
30 Jul 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 25-26, where lease has terminated in June. (Else TDS is to be deposited on annual basis by 30 April of next year.)
30 Jul 25 Deposit of TDS on certain payments made by individual/HUF u/s 194M for June.
30 Jul 25 Deposit of TDS on Virtual Digital Assets u/s 194S for June.
31 Jul 25 Statement of tax deposited to be furnished by an exchange in relation to transfer of virtual digital asset u/s 194S for April-June.
31 Jul 25 Quarterly TDS Statements for April-June.
31 Jul 25 Return of non-deduction at source by banks from interest on time deposit for April-June.
31 Jul 25 Taxpayers with Turnover below Rs 5 Crores can opt in or opt out of QRMP Scheme for Jul-Sep quarter.
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