Filing GSTR-3B with an incorrect Input Tax Credit (ITC) amount can create problems for businesses during GST reconciliation and future return filing. You may have claimed more ITC than is eligible...
Have you deducted TDS from a vendor, employee or professional payment but forgotten to deposit it with the government on time? A delay in depositing Tax Deducted at Source (TDS) can create an...
Did you forget to report a foreign bank account, overseas shares or other investments in your Indian Income Tax Return (ITR)? Even if the money was earned outside India or the investment was made...
Quick Answer: Yes. If you missed the original ITR filing deadline for Assessment Year (AY) 2026–27, you can generally file a belated Income Tax Return by 31 December 2026, or before completion of...
Advance tax is an important tax obligation for individuals, freelancers, and businesses whose estimated net tax liability is ₹10,000 or more. For Tax Year 2026–27, the third advance tax installment is...
When a new manufacturing scheme is approved, the businesses that move first are usually the ones whose paperwork is already ready by the time guidelines are published. The Union Cabinet has approved...
Many GST refund claims get delayed for a simple reason: the application is filed with incomplete details, and the department raises a deficiency memo. From 1 December 2026, a revised FORM GST RFD-01...
Many founders apply for DPIIT recognition, expecting an automatic tax holiday, and then find out the tax exemption is a separate application. The rules also changed in February 2026, so older guides...
Short answer: A Chartered Accountant (CA) helps your business grow by keeping your numbers accurate, cutting avoidable tax, keeping you compliant, managing cash flow and preparing the documents that...