Annual compliance is not optional. Whether your company is big or small, every business registered under the Companies Act, 2013 must file an Annual Return with the Ministry of Corporate Affairs (MCA).But the real confusion most founders face is this: Should we file MGT-7 or MGT-7A? What’s the difference? Which one applies to us? This…
Understanding Form 26AS, the Annual Information Statement (AIS), and TDS reconciliation is crucial to ensure your tax return is accurate, error-free, and avoids future scrutiny. Whether you’re a salaried employee, freelancer, entrepreneur, or first-time taxpayer — this guide will help you stay tax-compliant and stress-free. What is Form 26AS? Form 26AS is your consolidated Tax…
When buying a property in India, most buyers focus on the agreement, location, loan, and registration — but often overlook an important tax responsibility: TDS on property purchase under Section 194IA of the Income Tax Act. Whether you’re a first-time homebuyer, investor, real estate professional, or a startup dealing in real estate transactions — understanding…
Introduction TDS (Tax Deducted at Source) return filing is a critical compliance requirement for all businesses in India, especially startups and SMEs. Whether you’re paying salaries, contractor fees, or interest to non-residents, you must deduct and deposit TDS and file the correct TDS return form. This blog serves as a beginner-friendly yet in-depth guide to…
Introduction Starting a business is exciting but it comes with responsibilities, especially when it comes to tax compliance. One area that often confuses new entrepreneurs and small business owners is TDS (Tax Deducted at Source). TDS compliance is not optional it’s a legal requirement. Whether you’re paying a freelancer, renting office space, or hiring full-time…
As an entrepreneur in India, you are likely managing multiple business processes—from company incorporation and ROC filings to income tax returns and GST compliance. In all of these, a Digital Signature Certificate (DSC) is a crucial and often mandatory tool. Yet, many first-time founders or startup professionals ask:“What is a DSC, and how do I…