Coming soon
Input tax credit, explained without the circulars
When credit is available, why GSTR-2B decides it, and the deadline that makes it permanent.
GuideGST9 min read
Resources
Financial knowledge designed to help you make better decisions.
Explore practical guides, calculators, due dates, compliance resources and answers to common financial questions.
- Guides
- 12
- Calculators
- 8
- Downloads
- 6
- Topics covered
- 10
Browse
Find what you need
Search by keyword, or filter by topic and type. Everything listed here is either published or openly marked as in preparation.
Topics
26 resources
Income tax return due dates for FY 2025-26
Every filing deadline for individuals, audit cases and companies, with what changes if you miss one.
GuideIncome tax6 min readChoosing between the old and new tax regime
How deductions, salary structure and investments decide which regime actually costs you less.
GuideIncome tax7 min readGST compliance calendar for businesses
The monthly, quarterly and annual filings every registered business has to track.
GuideGST8 min read- Coming soon
Bookkeeping basics every founder should know
Accrual versus cash, what a monthly close involves, and why the bank balance is not profit.
GuideAccounting7 min read - Coming soon
Proprietorship, LLP or private limited?
The four questions that decide your structure, and what each one commits you to afterwards.
GuideBusiness registration10 min read - Coming soon
Capital gains on shares and mutual funds
Short and long term, grandfathering, and reconciling your broker statement against the AIS.
GuideCapital gains8 min read - Coming soon
When an NRI has to file in India
Residential status, income that is taxable here, DTAA relief and recovering TDS.
GuideNRI tax9 min read - Coming soon
Annual ROC compliance for companies and LLPs
Filings, registers, board meetings and the consequences of letting them slide.
GuideCompany compliance7 min read - Coming soon
Payroll compliance for a growing team
PF, ESI, professional tax and salary TDS — what applies once you hire.
GuidePayroll6 min read - Coming soon
TDS for businesses, start to finish
Deduct, deposit, file and issue certificates — with the dates that matter.
GuideTDS7 min read - Coming soon
How to read your monthly MIS
Which numbers to look at first, and the questions to ask when one moves unexpectedly.
GuideVirtual CFO6 min read - Coming soon
Income tax calculator
Estimate your liability for the year in under a minute.
CalculatorIncome taxIn preparation - Coming soon
Old vs new regime
Compare both regimes side by side and see which one saves more.
CalculatorIncome taxIn preparation - Coming soon
HRA calculator
Work out the exempt portion of your house rent allowance.
CalculatorIncome taxIn preparation - Coming soon
80C planner
See how much of the limit you have used and what is left to claim.
CalculatorIncome taxIn preparation - Coming soon
Capital gains calculator
Short and long term gains on equity, property and mutual funds.
CalculatorCapital gainsIn preparation - Coming soon
GST calculator
Add or remove GST at any slab, inclusive or exclusive.
CalculatorGSTIn preparation - Coming soon
EMI calculator
Break a loan into monthly instalments, interest and principal.
CalculatorAccountingIn preparation - Coming soon
SIP calculator
Project what a monthly investment could grow into over time.
CalculatorAccountingIn preparation ITR documents checklist
Everything to keep ready before your return is prepared.
DownloadIncome taxPDFGST registration checklist
Documents, thresholds and details needed to register.
DownloadGSTPDFBusiness compliance calendar
Statutory due dates for the full financial year on one page.
DownloadCompany compliancePDFStartup registration guide
Choosing a structure, and what each one commits you to.
DownloadBusiness registrationPDFPayroll compliance checklist
PF, ESI, TDS and payslip requirements for employers.
DownloadPayrollPDFMonthly close checklist
The steps a clean monthly close runs through, in order.
DownloadAccountingPDF
Due dates
Upcoming compliance calendar
The next three months of statutory obligations, generated from the recurring rules rather than typed in by hand.
Dates are generated from the recurring statutory rules and shown against today. Where a due date is extended by notification, the extended date applies — we confirm the current position before every filing.
Popular questions
Answers people look for most
Grouped by topic, and drawn from the same answers we give on the service pages — so nothing here contradicts what you read elsewhere.
Income tax
- For AY 2026-27 the due date was 31 July 2026 for ITR-1 and ITR-2 filers who do not require an audit, and 31 August 2026 for ITR-3 and ITR-4 non-audit cases. Audit cases are due by 31 October 2026. If no further extension is announced, these are the dates that apply.
- Yes. A belated return under section 139(4) can be filed up to 31 December 2026. A late fee under section 234F applies — up to ₹5,000, reduced to ₹1,000 where total income does not exceed ₹5 lakh — along with interest under section 234A on any unpaid tax. Filing late also restricts your ability to carry forward most losses.
- It depends on how much you actually claim, not on which regime sounds better. The new regime has lower slab rates with almost no deductions; the old regime is usually better when you have significant 80C, 80D, HRA or home-loan interest claims. We compute your liability under both and file under whichever is lower.
- Yes, if your total income before deductions exceeds the basic exemption limit. TDS is only tax collected in advance — the return is where your final liability is computed. Filing is also the only way to claim a refund of excess TDS.
- Yes. A revised return under section 139(5) can be filed for AY 2026-27 up to 31 March 2027. Beyond that window, an updated return under section 139(8A) may be available subject to conditions and additional tax. It is far cheaper to get the original return right.
GST
- Registration is generally mandatory once aggregate annual turnover crosses ₹40 lakh for suppliers of goods or ₹20 lakh for suppliers of services. In the special category states the limits are ₹20 lakh and ₹10 lakh. Turnover is computed PAN-wise across all your business verticals, not per branch.
- Selling goods through an e-commerce operator generally requires registration regardless of turnover, because the operator collects TCS against your GSTIN. A limited exemption exists for small suppliers making only intra-state supplies through an operator. Selling services through your own website is treated like any other supply and follows the normal threshold.
- It allows small taxpayers to pay tax at a nominal rate on turnover with far lighter filing, subject to turnover limits of ₹1.5 crore for goods and ₹50 lakh for services. You cannot collect GST from customers or claim input tax credit, and you cannot make inter-state outward supplies or sell through an e-commerce operator. It suits B2C businesses and rarely suits B2B ones.
- Input tax credit is the GST you paid on business purchases, set off against the GST you collect. It is available only if you hold a valid tax invoice, the goods or services have been received, your supplier has actually reported the invoice, and the tax has reached the government.
- Read the section it is issued under and note the reply deadline first — most notices are routine mismatches between GSTR-1, GSTR-3B and GSTR-2B. Ignoring one escalates it into an assessment order and recovery. Send it to us and we will tell you what it actually asks for before drafting a reply.
Accounting
- Bookkeeping is the recording layer: every sale, purchase, payment and receipt entered and reconciled. Accounting is the interpretation layer on top of it: classification, provisions, depreciation, closing entries and the statements your bank, auditor or investor reads. You need both, and doing the first badly makes the second unreliable.
- Companies and LLPs must maintain books under their governing Act. For individuals and firms, section 44AA of the Income-tax Act requires books once income or turnover crosses the prescribed limits, and specified professions must maintain them regardless. Even where it is optional, books are what let you claim expenses, respond to a notice and borrow.
- Under the income tax rules, books and supporting documents are generally retained for six years from the end of the relevant assessment year. Companies must keep books for at least eight financial years under the Companies Act. Where a case is under assessment or appeal, keep everything until it is closed.
- We work in Tally, Zoho Books and QuickBooks, and can set any of them up from scratch. If you already run one, we work inside your system rather than migrating you — a migration mid-year creates reconciliation work that rarely pays for itself.
- Finalisation: closing entries, depreciation, provisions, prepayments and accruals, followed by financial statements in the required format with supporting schedules. We coordinate with your auditor and with your income tax filing so the same figures appear in both.
Starting a business
- There is no single best structure — there is the one that matches how you will operate. The four questions that actually decide it are: how many founders there are, whether you need your personal assets protected, whether you will raise equity investment, and how much compliance you are willing to carry. Use the selector above for an indicative answer, then bring your specifics to the call.
- Both give you limited liability and a separate legal identity. A company issues shares, so it can take equity investment, grant ESOPs and be valued in a priced round — but it carries a statutory audit regardless of turnover, board meetings and heavier ROC filings. An LLP is governed by an agreement between partners, has lighter compliance and no audit until the prescribed turnover or contribution limits are crossed, but it cannot issue shares. If you are raising money, that single difference usually settles it.
- Yes, and many businesses do. A proprietorship can be converted into an LLP or a company later, and an LLP can be converted into a company. Conversion is a fresh incorporation with assets and liabilities transferred, so it costs time and fees and can have tax implications if conditions are not met. Keeping business and personal money separate from day one makes it far cheaper when the time comes.
- Not necessarily. GST is triggered by turnover crossing the threshold, or by a compulsory trigger such as inter-state supply of goods, selling through most e-commerce operators, or liability under reverse charge — not by incorporating. Many businesses register voluntarily anyway because their customers are registered and want input tax credit.
- A private limited company needs at least two shareholders and two directors, and at least one director must be resident in India. An LLP needs at least two partners, of whom at least two are designated partners with at least one resident in India. If you are genuinely alone, a proprietorship or a one person company are the routes worth comparing.
Newsletter
Stay informed.
New guides and calculators as they are published, plus a reminder before the deadlines that apply to you.
Need expert guidance?
Reading gets you part of the way. Book a consultation and we'll apply this to your actual position — there are 26 resources here, but none of them know your numbers.