Executive Summary
Most tax problems are not caused by aggressive positions. They are caused by a payment category nobody realised carried TDS, a figure that did not reconcile with Form 26AS, or a notice that sat unopened past its deadline. The work below is arranged so that none of those three ever arises - and so that if one does, the person answering it is the person who filed.
3 Services Under One Engagement
Grouped by the problem they solve, so you can find the one you actually came for.
Filing & Planning
The annual cycle, and the structural work that decides what it costs.
TDS
Someone else's tax, entirely your penalty. The 194 series now sits under Section 393.
Audit & Assessment
When turnover crosses a threshold, or when the department has questions.
Interest Runs Quietly. Penalties Do Not.
Every figure below accrues while nothing appears to be happening, which is why most of them are discovered at audit rather than at the time.
1.5%
Per Month, TDS Deposited Late
From the date of deduction to the date of deposit. Part of a month counts as a full month, so a two-day delay across a month end costs a full month.
100%
Penalty For Failing To Deduct
Section 271C imposes a penalty equal to the entire tax you should have deducted. On a year of unnoticed contractor payments this is usually the largest figure.
₹200
Per Day, Late TDS Return
Section 234E, capped at the TDS amount, mandatory and not waived on reasonable cause. Section 271H adds ₹10,000 to ₹1,00,000 on top.
15 days
To Cure A Defective Return
A return left defective under Section 139(9) is treated as never filed - losses cannot be carried forward and the refund goes with it.
₹5,000
Late Filing Fee, Section 234F
Where total income exceeds ₹5 lakh, ₹1,000 where it does not. Payable even where the entire liability is already covered by TDS.
8 years
Losses Carried Forward, Or Not
Capital and business losses carry forward for up to eight assessment years - but only from a return filed by the due date.
How A Tax Year Runs With Us.
01
Position Review
What you earn, what you pay out, what is deducted at source and what is outstanding from prior years. Gaps are quantified before anything is filed.
02
The Monthly Rhythm
TDS computed and deposited by the 7th, quarterly returns filed, advance tax scheduled across the four instalment dates.
03
The Return
Reconciled against Form 26AS and the AIS, both regimes computed on your figures, shown to you with the reasoning before it is filed.
04
Anything That Comes Back
A notice on a return we filed is answered as part of the engagement, not as a new matter. Same lawyer, same file.
Who This Is For.
Companies And LLPs
Corporate returns, payroll TDS, vendor deductions and the audit that follows once turnover crosses the Section 44AB threshold.
Founders And Professionals
Consultants, agencies and freelancers, including presumptive taxation under 44ADA where it genuinely helps and where it does not.
Anyone Holding A Notice
143(1), 139(9), 143(2), 148 or a demand under Section 156 - including where somebody else prepared the return in question.
Businesses Carrying Old Defaults
Unfiled returns, TRACES demands or short deductions from earlier years, quantified and cleared in the right sequence.