Regulatory & Compliance Guides
In-depth practitioner insights, legal procedures, and forensic checklists for corporate boards, compliance officers, and institutional investors in India.
GST Registration Cancellation and Final Return: Complete Compliance Guide
Cancellation is not complete until the final return in Form GSTR-10 is filed, within three months of the effective date of cancellation or the cancellation order, whichever is later, with a late fee reported at two hundred rupees per day capped at ten thousand.
GST Refund for Exports and Unutilised ITC: Eligibility, Documents and Process
Exporters choose between paying IGST and claiming it back, or exporting under a LUT and claiming refund of accumulated input tax credit in RFD-01, and both are subject to the two-year limit from the relevant date.
GST Registration Amendment: How to Update Business Details on the GST Portal
Amendments split into core fields, which require officer approval in Form REG-14 and are reported to be approved within fifteen working days, and non-core fields, which are processed automatically on the portal.
Share Allotment in a Private Limited Company: Procedure, Documents and PAS-3 Filing
A private placement runs on fixed deadlines, money into a separate bank account, allotment within 60 days of receipt, PAS-3 within 15 days of allotment, and the money cannot be used until the shares are allotted and the return is filed.
GSTR-1 Filing: Due Dates, Documents, Procedure and Common Errors
GSTR-1 is now the return that decides your tax liability, because since the July 2025 tax period the outward liability in GSTR-3B is auto-populated from it and cannot be edited.
GSTR-9 Annual Return: Applicability, Documents, Due Date and Filing Process
GSTR-9 is the annual consolidation of the year’s returns, due by 31 December following the financial year, with GSTR-9C the self-certified reconciliation statement required above the prescribed turnover.
GSTR-2B vs Purchase Register Reconciliation: Process and ITC Mismatches
Credit is available on what appears in GSTR-2B, so the reconciliation between GSTR-2B and the purchase register is what decides your claim, and Rule 88D generates an automated DRC-01C where the claim exceeds it beyond the notified threshold.
Revised Income Tax Return: Eligibility, Deadline and Online Filing Process
A revised return under Section 139(5) corrects a return already filed, costs nothing beyond any interest, can be filed more than once, and is the only correction route that can reduce your tax or produce a refund.
Capital Gains Tax Return Filing: Tax Calculation, Documents and ITR Forms
Listed equity is short-term under 12 months at 20 per cent and long-term beyond it at 12.5 per cent above a Rs 1.25 lakh annual exemption, while property, gold and unlisted shares turn long-term at 24 months and are taxed at 12.5 per cent without indexation.