GSTR-5A is the GST return filed by non-resident providers of Online Information and Database Access or Retrieval (OIDAR) services for supplies made to unregistered persons in India. It reports the taxable supplies and tax payable for the period and is filed monthly, by the 20th of the following month. GSTR-5A is a monthly return that
TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) require deductors and collectors to deduct or collect tax at prescribed rates, deposit it by the due dates, and file periodic returns. This technical reference explains the TDS/TCS compliance framework – deduction, deposit, returns and the consequences of default. Under the Income Tax Act,
ITR filing for AY 2026-27 covers the income you earned in FY 2025-26 (April 2025 to March 2026). For most individual taxpayers not requiring an audit, the usual due date is 31 July 2026. Choosing the correct form, from ITR-1 to ITR-4, and noting the key changes in schedules and reporting helps you file accurately
GSTR-5A is a monthly return that non-resident Online Information and Database Access or Retrieval (OIDAR) service providers must file on the GST portal. This guide covers eligibility, step-by-step filing, liability offset procedures, and final submission using DSC or EVC.
GSTR-5A is the monthly return filed by OIDAR (Online Information and Database Access or Retrieval) service providers supplying to unregistered recipients in India. This step-by-step guide covers registration, filing on the GST portal and the FY 2025-26 compliance points OIDAR providers must not miss. GSTR-5A is a monthly return that non-resident Online Information and Database
If you work as a freelancer, consultant, or independent professional in India, there is a good chance you are paying more tax than required. Section 44ADA of the Income Tax Act offers a legal way to reduce your tax burden significantly. This provision allows eligible professionals to declare only fifty percent of their gross receipts as taxable income. The remaining fifty percent is automatically considered as expenses, no questions asked, and no receipts are required. Let us understand how this works and whether you qualify.
Filing your Income Tax Return (ITR) within the specified deadline is a crucial compliance requirement for all taxpayers. For Financial Year 2025-26 (Assessment Year 2026-27), understanding the ITR filing due date helps you avoid penalties, interest charges, and loss of valuable tax benefits. ITR filing last date for individuals not subject to tax audit is 31st July 2026 & 31st August 2026 as applicable for FY 2025-26 (AY 2026-27) Missing the income tax filing deadline can result in financial penalties and compliance issues. Missing this deadline can lead to interest charges under Section 234A and a late filing fee up to Rs. 5,000 under Section 234F This comprehensive guide covers all ITR filing dates, belated return options, revised return procedures, and consequences of delayed filing to help you stay compliant.
The question comes up every year during tax season. Should you stick with the old tax regime or switch to the new one? The answer is not as straightforward as most people think. Many taxpayers assume the new regime is automatically better because it offers lower tax rates. Others believe the old regime wins because of deductions. Both assumptions can cost you money. Let us break this down in plain terms so you can make the right choice for your specific situation.
Every year, thousands of salaried employees pay more tax than they legally owe. Not because they want to, but because they do not know about the deductions they qualify for. The Income Tax Act offers numerous ways to reduce your taxable income. Some are well-known, like the basic 80C limit. Others fly under the radar despite being available to most working professionals. Here are five commonly missed deductions and how you can claim them on your next return.
Tax filing has remained largely unchanged for decades. Gather documents, calculate figures, fill forms, submit, and hope you did not make mistakes. Technology is finally changing this experience. Artificial intelligence is transforming how individuals and businesses handle tax compliance. What once required hours of calculation and professional assistance can now happen in minutes with greater accuracy. Here is how AI is reshaping tax filing and what it means for you.
Understand TCS Section 206C(1H) on goods sale, applicability, and e-invoicing rules. Note the provision’s repeal effective April 1, 2025.
Explore blocked ITC under GST Section 17(5), ineligible categories, and GSTR-3B reporting rules to ensure compliance and avoid penalties.
Comprehensive explanations, FAQs, and updates about Tax, Finance, and Compliance.
Book a free consultation with our tax and legal experts and get your ITR filed today with maximum tax savings.
Next Step
15-min discovery call
status
ITR Filed
Hey!
I'm here to help you with your tax savings.
File Check
Documents reviewed
