Special Focus: Surge in GST Notices for ITC Mismatch – What Every Business Must Act On Immediately
Why Many Businesses Are Receiving GST Notices in 2026 Over the past few months, there has been a noticeable surge in GST notices issued to businesses across sectors. The most common reason is a mismatch between Input Tax Credit (ITC) claimed in GSTR-3B and the details reflected in GSTR-2B. This is currently one of the […]
GST Compliance and Tax Advisory Services in India for Growing Businesses
If you run a business in India, GST is not optional. But confusion around GST is almost guaranteed. Most business owners start with good intentions. They register on time, file returns, maybe even buy GST software. And for a while, things seem fine. Then the business grows. Transactions increase. Vendors don’t file correctly. Input tax […]
SME Compliance Essentials 2025: Your Guide to GST, Tax & Financial Compliance
A practical guide for founders, startups & fast-growing SMEs Running a business in India has never been more exciting or more regulated. 2025 is shaping up to be a year where compliance moves from the background to the front seat. Whether you’re a founder scaling a startup, a second-gen entrepreneur managing legacy systems, or an […]
Direct Tax Update For the Month of September 2025
CBDT extends due date for filing Tax Audit Report for A.Y 2025-26 to 31st October 2025 The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing audit reports under the Income-tax Act, 1961 for AY 2025-26 (PY 2024-25). · Original Due Date: 30th September 2025 · Extended Due Date: 31st October […]
Rebate u/s 87A available even if tax payable on STCG on listed shares under section 111A : ITAT
Section 87A of the Income Tax Act, 1961 provides a tax rebate to resident individual taxpayers whose total income does not exceed a specified threshold. For the financial year 2023-24 (assessment year 2024-25), under the new tax regime, individuals with a total income up to ₹7,00,000 are eligible to claim a rebate of up to […]