Practical Indian tax, financial reporting, labour, state law and business compliance guides for CAs, accountants and businesses.
GST Rule 37 requires proportionate ITC reversal where value plus tax is not paid to the supplier within 180 days, subject to specified exceptions and re-availment rules.
By Team assureOfficeSection 16(4) generally blocks ITC after 30 November following the financial year or filing of the annual return, whichever is earlier, subject to special statutory relief provisions.
By Team assureOfficeGSTR-9 errors often come from unreconciled books, incorrect treatment of prior-period adjustments and incomplete ITC review. Use this practical checklist before filing.
By Team assureOfficeA practical year-end GST checklist for reconciling revenue, tax liability, credit notes, ITC and financial statements before filing GSTR-9 and GSTR-9C.
By Team assureOfficeGSTR-9C is a self-certified reconciliation statement for registered persons crossing the prescribed ₹5 crore aggregate-turnover threshold, subject to applicable exclusions.
By Team assureOfficeGSTR-9 is the annual return under Section 44. Understand the standard applicability, statutory exclusions, 31 December due date and why FY-specific exemptions must be checked.
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TDS corrections can still be filed after 1 April 2026, but the applicable form depends on the period being corrected. Old-period corrections remain in the old framework.
By Team assureOfficeQuarterly TDS/TCS return due dates continue on the familiar 31 July, 31 October, 31 January and 31 May cycle under the new Income-tax Act forms.
By Team assureOfficeIncome-tax Rules, 2026 introduce new TDS certificate forms. This practical guide explains Form 130 for salary and Form 131 for non-salary TDS certificates.
By Team assureOfficeForm 138 replaces Form 24Q for salary TDS reporting under the Income-tax Act, 2025. See the quarterly due dates and transition rules for payroll teams.
By Team assureOfficeForm 140 replaces Form 26Q for Tax Year 2026-27 resident non-salary TDS reporting. Learn who files it, quarterly due dates and transition points.
By Team assureOfficeForm 141 is the unified PAN-based challan-cum-statement under the Income-tax Act, 2025 for property, rent, Individual/HUF contractor/professional payments and VDA transactions.
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