Tax Audit 2026: Form 3CD Changes, Section 44AD Issues & New Compliance Rules
A practical guide to Tax Audit 2026 covering Section 44AD's 6% vs 8% presumptive rates, Form 3CD Clause 22 MSME reporting, Clause…
Read the guide →ITR-3 Filing AY 2026-27 for Share Market Income: Intraday, F&O, Turnover, Balance Sheet and Losses
Filing ITR-3 for AY 2026-27 can become complicated when a taxpayer has intraday trading, Futures & Options (F&O), delivery-based investments, salary, interest…
Read the guide →Account Finalization for FY 2025-26: GST Reconciliation, ITC, Liability and Year-End Checklist
Account finalization is not merely preparing a Profit & Loss Account and Balance Sheet. A reliable year-end close requires businesses to reconcile…
Read the guide →Tax Audit Limits for AY 2026-27: Form 3CA vs 3CB, Section 44AB and Filing Process
Tax audit filing for Assessment Year 2026-27 is governed by Section 44AB of the Income-tax Act, 1961. Taxpayers carrying on business or…
Read the guide →How to Download an ITR and Prepare a Professional Income Tax Computation
Income Tax Return documents are commonly required for home loans, visa processing, personal loans, credit card applications and other financial purposes. However,…
Read the guide →How to File ITR-3 with Salary, F&O/Intraday Trading, Presumptive Income, Dividend and Interest Income
Many taxpayers have more than one source of income. A common case is: In such cases, selecting the correct ITR form becomes…
Read the guide →GST Reconciliation in Tally: GSTR-1, GSTR-3B, GSTR-2A, GSTR-2B and Books Matching Guide
GST reconciliation is one of the most important steps before finalising books of account, preparing GST annual returns, completing audit work and…
Read the guide →Amazon and Flipkart Seller Accounting in Tally: GST-Ready Automation for Online Businesses
Accounting for online sellers is one of the most time-consuming areas for accountants, tax professionals and finance teams. Amazon and Flipkart sellers…
Read the guide →Foreign Income in ITR: Schedule FSI, Schedule FA, Schedule TR and Social Media Income
Foreign income reporting in ITR-3 should never be taken lightly. Many Indian residents now receive income from YouTube, Meta, Instagram, Facebook, Twitter,…
Read the guide →Books of Accounts in ITR-3: When Balance Sheet and Profit & Loss Are Required
One of the biggest confusions in ITR-3 filing is whether every taxpayer must prepare a balance sheet and profit and loss account.…
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