Resources
Business compliance guides
Plain-language explainers built for clear next steps — current requirements checked and reviewed by qualified professionals before we publish.
Income Tax
TDS on Payments to Non-Residents: Section 393(2), Treaty Relief and the Form 145 Remittance File
The complete seventeen-row section 393(2) table, what serial number 17 actually catches, treaty relief under section 159 and Form No. 41, the Rule 217 no-PAN relief, and the Form No. 145 and 146 paperwork your bank asks for before it releases the money.
Income Tax
TDS Forms Under the Income-tax Rules, 2026: Which Form, and By When
The Income-tax Rules, 2026 renumbered every TDS form. Forms 138, 140, 143 and 144 for the quarterly statements, Form 141 for the challan-cum-statement, Forms 130 to 133 for certificates, 134 and 135 for a TAN and 128 for a lower-deduction certificate — each with the rule it comes from and the date it is due.
Income Tax
Revised, Belated or Updated Return: Which One Fixes Your ITR, and By When
You filed and something is wrong, or you never filed at all. Three instruments can still help — a revised return, a belated return or ITR-U — and they have different deadlines, different costs and different limits. Here is how to pick, with the dates that changed for AY 2026-27.
Income Tax
Capital Gains Tax in India: Holding Periods, Rates and What You Actually Pay
You sold shares, a flat, gold or a mutual fund. This is how the gain is classified and taxed — the two holding periods, the 20% and 12.5% rates, the ₹1,25,000 exemption, the end of indexation, and the relief for land bought before 23 July 2024.
Income Tax
Advance Tax in India: Who Has to Pay, What Each Instalment Is, and What Interest Costs
The ₹10,000 test in section 404, the A = B − C computation in section 405, the four cumulative instalments in section 408, and exactly how interest under sections 424 and 425 is charged — including the section 425(4) exclusion that removes it for a capital gain you could not have foreseen.
Income Tax
TDS Section Crosswalk: Old 194 Sections to Sections 392, 393 and 394 of the Income-tax Act, 2025
Every familiar TDS section mapped to the provision that actually governs a deduction made today, with rates, thresholds, payer categories and the exemptions that sit outside the rate table.
Income Tax
Income Tax Notice Types and How to Respond: A Triage Guide for Business Owners
Every common income tax notice and intimation in one triage table — what triggers it, the clock you are on, your first move, and what silence costs. Plus why a notice you receive today may still quote the 1961 Act's section numbers, and why that is correct.
Income Tax
The Income-tax Act, 2025: What Actually Changed for an Indian Business from 1 April 2026
The new Act commenced on 1 April 2026, but it does not govern your AY 2026-27 return. This is what genuinely changed, what was only renumbered, and what to fix in your systems before the next quarter closes.
Income Tax
TDS Return Filing Guide
The full TDS cycle for a deductor — TAN, deduction, deposit by the 7th, the quarterly 24Q/26Q/27Q statement, Form 16 and 16A, and the fees, interest and penalties when a step slips. Updated for the section 392/393/394 renumbering from 1 April 2026.
Income Tax
Income Tax Return Filing for Business Owners
The whole compliance year for someone running a business with books, staff and vendors — ITR-3 versus ITR-4, the section 58 presumptive arithmetic, books and audit, the 31 August and 31 October dates, and the TDS your own business now owes.
Income Tax
Income Tax Return Filing Guide: Forms, Due Dates & Documents
Who has to file, which ITR form fits, what documents to gather, and the AY 2026-27 due dates — 31 July, 31 August, 31 October — with the fees, interest and repair routes if something goes wrong.
Income Tax
ITR Filing for Freelancers: Presumptive 44ADA, Expenses & Advance Tax
No employer, no Form 16, and often no TDS. A freelancer's filing worked end to end — the presumptive 50% against real expenses, the audit trap under it, advance tax computed net of client TDS, the 31 August due date, and reconciling AIS before you file.
Income Tax
Company ITR Filing Guide: ITR-6, Tax Audit & Due Dates
A company's income-tax year end, start to finish — which return form, what feeds it, when the tax audit report is due, the 31 October date and the transfer-pricing exception, the company's own obligations as a deductor, and what a late return costs. Answered separately for assessment year 2026-27 and tax year 2026-27, because both are open at once.
Income Tax
LLP ITR Filing Guide: ITR-5, Audit Triggers, Due Dates and Partner Payments
An LLP's income-tax year end to end — ITR-5 every year whether or not it traded, the two independent audit triggers, the due dates that also fix the partners' dates, and the 10% deduction on payments to a partner that catches more LLPs than anything else.
Income Tax
TAN Registration: Who Needs One, Who Does Not, and How to Apply
A TAN is not a formality every deductor has to complete. Some of the most common deduction obligations in India are expressly exempt from it. Here is the test, the application forms under Rule 216, and what the number obliges you to do once you hold it.
Income Tax
15CA and 15CB Filing Guide: Foreign Remittance Reporting, and the Forms That Replaced Them
The remitter's paperwork journey for a payment to a non-resident — which part of the form you file, when an accountant's certificate is required, why the bank will not release the money without it, and what Forms No. 145 and 146 changed on 1 April 2026.
Income Tax
Tax Audit Applicability: When Section 44AB Applies
Whether a tax audit applies to you, answered for both years that are open at once — section 44AB for AY 2026-27 and section 63 for tax year 2026-27 — with the turnover tests, the presumptive trap, the books-of-account obligation that bites far lower, and what a late report now costs.
Income Tax
Old vs New Tax Regime for Business Owners: How to Choose
The regime decision as a business owner actually faces it — the AY 2026-27 new-regime slabs and the section 87A rebate, why the option under section 115BAC(6) binds you differently than it binds a salaried filer, and how the choice moves your advance tax from the June instalment onward.