Fo. 09Notes & toolsA D K S & Company
Questions and answersabout the firm and this site.
39 questions, answered from the pages of this website. General information, not advice. Facts still being confirmed are marked.
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Q/01The firm
What is A D K S & Company?
A D K S & Company is a partnership firm in New Delhi. Its legal name, constitution and city are taken from its GST registration.
Where is the firm’s office?
The firm is in New Delhi. The full office address is being confirmed and will be printed once it is. To be confirmed
When was the firm established?
The year of establishment is being confirmed against the firm’s records. 2011
Who are the partners?
Partner names and details will be published only once they are confirmed and consent is given. To be confirmed
How is an engagement run?
As the firm describes it: a partner is responsible for each engagement from planning to the final report; a manager and senior auditors supervise and carry out the fieldwork; working papers are discussed at periodic partner and staff meetings; and client matters stay confidential. The firm is reconfirming this description. To be confirmed
Does the firm publish the names of its clients?
No. Client names are not published anywhere on this site.
Does the firm publish its fees?
No. Fees are not published on this site.
Q/02Areas of work
What areas of work does the firm’s published list cover?
Internal audit and verification, agency audits, tax compliance, non-profit organisations, setting up in India, corporate advisory, management systems, information technology advisory, outsourced administration, and people and organisation. The list is being confirmed by the firm. To be confirmed
What does internal audit and verification cover?
The published list names internal audit of head office, branches and depots, and physical verification of fixed assets and of stock. To be confirmed
What is an agency audit?
An independent check of an agency that acts for a lender, such as a collection, repossession or field-verification agency. It tests whether the agency did what its mandate allows, kept the records it should, handled money and property correctly and dealt with borrowers within the lender’s conduct rules.
What does a lender receive from an agency audit?
A report of exceptions case by case, with the evidence behind each, so the lender can act on specific findings rather than a general opinion.
What does the tax compliance area cover?
The published list names tax planning and compliance for companies and individuals, and international and expatriate taxation. To be confirmed
What does the non-profit area cover?
The published list names setting up trusts and societies, statutory clearances to receive foreign contributions, and setting up educational institutions. To be confirmed
Which sectors are on the firm’s published list?
Banking, construction, consultancy, financial services, garments, information technology, trusts and welfare, research institutions, shipping agencies, tea, textiles, telecom, tourism, and trading and export. The list is being confirmed. To be confirmed
Q/03Non-profits and foreign contribution
Trust, society or section 8 company: what is the difference?
All three can run charitable work. A trust is the simplest to form and is controlled by its trustees. A society is member-based and suits bodies run by an elected committee. A section 8 company has the most formal governance and reporting of the three.
Does forming a trust or society make its income tax-exempt?
No. It must separately register with the Income Tax Department for exemption, and obtain a further approval if donors are to claim a deduction for their gifts.
What must a non-profit do to receive CSR funds?
Register with the Ministry of Corporate Affairs by filing Form CSR-1, in addition to its other registrations.
Can an NGO in India accept a donation from abroad?
Only with registration under the Foreign Contribution (Regulation) Act, 2010, or prior permission from the Ministry of Home Affairs. The money must first arrive in the designated FCRA account at the State Bank of India, New Delhi Main Branch.
Is a gift from an Indian citizen living abroad a foreign contribution?
Gifts from Indian citizens living abroad, out of their own savings, are generally not foreign contribution. The position depends on the facts.
When is the FCRA annual return due?
Form FC-4 is due within nine months of the end of the financial year, which is 31 December.
Does an FCRA-registered organisation still post quarterly receipts on its website?
That requirement was omitted from the FCRA Rules on 1 July 2022.
Q/04Setting up in India
Can a liaison office earn income in India?
No. A liaison office can only represent its parent, and its expenses are met by remittances from the parent.
What can a branch office do?
Specified activities such as export and import, consultancy and research. Retail trading and, outside special economic zones, manufacturing are not permitted.
How is a wholly owned subsidiary different?
It is an Indian company, incorporated under the Companies Act, 2013, that can run any business its objects allow, subject to the foreign investment rules for its sector. It is taxed as a domestic company.
Do investors from neighbouring countries need approval?
Investors from countries that share a land border with India need government approval for investment in every sector.
Q/05Notes, calendar and glossary
Is anything on this site professional advice?
No. The notes, calendar and glossary are general information, written on the date shown. Rules change; check the current position before acting.
Who has reviewed the notes and the calendar?
Review by the firm’s tax desk is pending. Each note and the calendar show the review status. To be confirmed
How were the calendar dates checked?
Each date was checked on 25 September 2026 against the official portal and a dated secondary summary, both named under the calendar. Dates are often extended by notification, so confirm the current date on the official portal.
Which law governs income tax from 1 April 2026?
The Income-tax Act, 2025, from tax year 2026-27. Returns for 2025-26, filed in 2026, still follow the Income-tax Act, 1961.
What are the new TDS statement forms?
Form 138 for salary, Form 140 for other payments to residents, Form 144 for payments to non-residents and Form 143 for TCS. They replace Forms 24Q, 26Q, 27Q and 27EQ.
How often do directors now file KYC?
Once every three financial years, by 30 June, under amendment rules in force from 31 March 2026. Changes in contact details are reported within 30 days.
Q/06Using this site
How do I contact the firm?
Use the request form on the contact page. The firm replies by email. The telephone, email and office hours are being confirmed. To be confirmed
Is the WhatsApp button live?
Not yet. It goes live only once the firm confirms its number. Meanwhile, use the request form. To be confirmed
What does “Ask this site” do?
It searches the pages of this website inside your browser and shows where the answer is. Questions are not sent to the firm or any other service and are not stored.
What personal data does the request form collect?
Your name, email, optional phone and organisation, and your message, used only to reply. If you arrived from a link that carries campaign tags, the form also records those tags. The retention period is being confirmed. To be confirmed
Is the consent box ticked for me?
No. The box is not ticked in advance, and the form cannot be sent without it.
What does the “Was this page useful?” question record?
Only the page address and your yes or no. No name, email or other personal data is collected.
Can I make the text larger or turn off motion?
Yes. Use Display settings in the footer to change text size, switch on high contrast or reduce motion. The choice is kept in your browser only.
Are the photographs of the firm?
No. Photographs are illustrative and do not show the firm’s premises, people or clients.