Regulatory & Compliance Guides
In-depth practitioner insights, legal procedures, and forensic checklists for corporate boards, compliance officers, and institutional investors in India.
LLP Income Tax Return Filing: ITR-5, Due Dates and Compliance Requirements
An LLP files ITR-5 at a flat 30 per cent plus surcharge and cess, cannot use presumptive taxation, and carries two separate audit tests, one under the LLP Act and one under Section 44AB.
GSTR-3B Filing: Due Dates, Tax Calculation and Common Mistakes
GSTR-3B is now a payment return rather than a declaration return, because since the July 2025 tax period Tables 3.1 and 3.2 are auto-populated from GSTR-1 and cannot be edited on the portal.
Company Income Tax Return Filing: ITR-6, Documents, Due Dates and Process
A company files ITR-6, is audited and therefore files by the audit due date, and its effective rate depends on which regime it is in, with the concessional rate under Section 115BAA being an election rather than a default.
GST Sales Register vs GSTR-1: Reconciliation Process and Error Correction
Reconciling the sales register to GSTR-1 before filing is now the control that protects your tax liability, because GSTR-1 feeds a GSTR-3B you cannot edit and the correction window closes when GSTR-3B is filed.
GST Sales Register vs GSTR-1: Reconciliation Process and Error Correction
Reconciling the sales register to GSTR-1 before filing is now the control that protects your tax liability, because GSTR-1 feeds a GSTR-3B you cannot edit and the correction window closes when GSTR-3B is filed.
Reverse Charge Mechanism Under GST: Applicability, Payment and ITC
Under reverse charge the recipient pays the tax instead of the supplier, it must be paid in cash and cannot be discharged from input tax credit, and the credit on it is then available subject to the ordinary conditions.
GSTR-1 vs GSTR-3B Reconciliation: Process, Common Errors and Solutions
GSTR-1 reports what you sold and GSTR-3B pays the tax on it, so when the outward liability in the two diverges beyond the notified threshold, Rule 88C fires an automated DRC-01B intimation with a seven-day reply window.
GST E-Invoice Registration: Setup Process, Applicability and Documents
E-invoicing requires registration on an Invoice Registration Portal and integration with your billing system, after which every covered invoice is reported and returns with an IRN and signed QR code that must appear on the document issued to the customer.
GST E-Way Bill: Generation Process, Documents, Validity and Penalties
An e-way bill is required for movement of goods exceeding Rs 50,000 in consignment value, is valid for one day per 200 km, cannot be generated against a document more than 180 days old, and cannot be extended beyond 360 days from generation.