Guides
Business Compliance Guides
Free, detailed guides with interactive tools, exact costs, and step-by-step processes. Sourced from official government portals.
Do I Need GST Registration?
Find out if GST registration is mandatory for your business in India. Covers turnover thresholds, exemptions, interstate supply rules, and e-commerce.
Private Limited Company vs LLP: Which Should You Choose?
Compare Private Limited Company and LLP in India. Understand compliance costs, tax implications, liability protection, and which is better for your business.
Do I Need to File an Income Tax Return?
Check if ITR filing is mandatory for you in India. Covers salaried, freelancers, business owners, and NRIs - with 2025-26 thresholds and exemptions.
Do I Need Trademark Registration?
Find out if trademark registration makes sense for your brand in India. Understand protection, costs, enforcement, and when to prioritise it in 2026.
When Does PF Registration Become Mandatory?
Find out when Provident Fund (EPFO) registration becomes mandatory for your business in India. Covers employee threshold, penalties, and voluntary registration.
When Does ESI Registration Become Mandatory?
Understand when ESIC registration becomes mandatory for your business in India. Employee threshold, salary limit, covered industries, and non-compliance penalties.
Do I Need Professional Tax Registration?
Find out if Professional Tax applies to your business or profession in India. State-wise thresholds, who must register, and employer vs self-employed obligations.
Do I Need Shop and Establishment Registration?
Find out if your business needs Shop and Establishment registration in India. Covers shops, offices, restaurants, and home-based businesses - state-wise rules 2026.
Is MSME / Udyam Registration Worth It?
Find out if Udyam (MSME) registration makes sense for your business. Covers benefits, eligibility, credit access, government tenders, and what you actually get.
Should I Get DPIIT Startup Recognition?
Decide if DPIIT Startup Recognition is right for your company. Covers eligibility, angel tax exemption, 3-year tax holiday, patent benefits, and how to apply.
Do I Need an FSSAI Licence?
Find out if FSSAI registration or licence is mandatory for your food business in India. Covers restaurants, cloud kitchens, home cooks, manufacturers, and importers.
Which ITR Form Should I Use?
Find out which Income Tax Return form applies to you in India for FY 2024-25. ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 - clear eligibility explained.
GST DRC-01 Notice: What It Means and What to Do
A DRC-01 is a formal GST tax demand. You have 30 days to reply before the officer passes an order without hearing your side. Understand Section 73 vs 74 and how to respond.
GST DRC-01A Notice: Pre-Show Cause Notice Intimation
A DRC-01A is a pre-demand intimation, not a formal notice. Respond well here and the matter may close without a DRC-01 ever being issued. You have 30 days.
GST DRC-01B Notice: GSTR-1 vs GSTR-3B Liability Mismatch
A DRC-01B notice means the GST system found a mismatch between your GSTR-1 and GSTR-3B. You have 7 days to explain or pay the difference before it escalates to a formal DRC-01 demand.
GST ASMT-10 Scrutiny Notice: What It Means and How to Reply
A GST ASMT-10 notice means an officer found a discrepancy in your returns. You have 15 days to reply in Form ASMT-11. No reply leads to a best judgment assessment under Section 62.
GST ASMT-14 Notice: Best Judgment Assessment
A GST ASMT-14 is a best judgment assessment issued when ASMT-10 was not replied to. Filing all pending returns within 30 days withdraws the assessment under Section 62(2).
GST REG-17 Notice: Your GST Registration May Be Cancelled
A GST REG-17 notice means your registration may be cancelled. You have 7 working days to reply in Form REG-18. No reply results in a REG-19 cancellation order.
GST REG-31 Notice: Your GST Registration Has Been Suspended
A GST REG-31 notice means your registration is suspended. You cannot issue invoices or claim ITC while suspended. REG-17 cancellation notice follows within 30 days if you do not act.
GST ITC Mismatch Notice: GSTR-2B vs Claimed Input Tax Credit
ITC claims exceeding your GSTR-2B are blocked under Section 16(2)(aa). Reconcile your purchase register with GSTR-2B every month before filing GSTR-3B to avoid demands.
GST Annual Return Mismatch Notice: GSTR-9 vs GSTR-3B Discrepancy
GSTR-9 discrepancies often trigger ASMT-10 scrutiny. Prepare a full year reconciliation matching GSTR-9 lines to GSTR-3B. GSTR-9 cannot be amended after filing.
Income Tax Section 143(1) Intimation: What It Means
A 143(1) intimation shows the CPC processing result: demand raised, refund due, or no adjustment. TDS mismatch is the most common demand trigger. File Section 154 rectification to fix errors.
Income Tax Section 143(2) Scrutiny Notice: A Human is Reviewing Your Return
A 143(2) notice means your return was selected for detailed scrutiny. The process runs 12-18 months through the faceless assessment system. Engage a CA from day one.
Income Tax Section 142(1) Notice: What the Department is Asking For
A 142(1) notice has two purposes: asking you to file a return (142(1)(i)) or produce documents during scrutiny (142(1)(ii)). Non-compliance attracts Rs. 10,000 penalty per notice under 271(1)(b).
Income Tax Section 148 / 148A Notice: Reopening of Assessment
A 148A notice is your chance to stop reassessment before it starts. Reply within 7-30 days explaining why the alleged income did not escape assessment. Strong 148A replies close cases early.
Income Tax Section 139(9) Notice: Defective Return
A 139(9) notice means your ITR has a structural defect. Fix it within 15 days or your return becomes invalid. Common defects: wrong ITR form, missing schedules, or audit report not filed.
Income Tax Section 156 Notice of Demand: Tax Has Been Assessed and is Now Due
A Section 156 notice is the formal demand for tax determined in an assessment order. Pay within 30 days, or interest at 1 percent per month starts. Appeal requires 20 percent pre-deposit for stay.
Income Tax Section 245 Notice: Your Refund Has Been Adjusted
A Section 245 notice says your refund will be adjusted against an old demand. You have 30 days to object. Check if the demand was already paid or is under appeal.
Income Tax Section 271 Penalty Notice: Penalty for Non-Compliance or Concealment
271(1)(b) penalty is Rs. 10,000 for non-response. 271(1)(c) penalty is 100-300 percent of tax on concealed income. Show "reasonable cause" or "bonafide belief" to contest.
Income Tax Section 131 Summons: What to Do When You Are Called In
A Section 131 summons requires your personal attendance for examination on oath. Non-compliance is a criminal offence under Section 131(1A). Take a CA or advocate with you.
Income Tax AIS / SFT High-Value Transaction Notice
AIS now shows every high-value transaction to the department. If your ITR does not reflect a transaction in your AIS, expect a notice. Respond proactively before it becomes a 148A.
TDS Short Deduction or Non-Deduction Notice from TRACES
TRACES detected TDS short or non-deduction. Interest runs at 1-1.5 percent per month. Section 40(a)(ia) disallows 30 percent of the expense. File a correction return after depositing the shortfall.
TDS Mismatch Notice: 26Q / 27Q Return vs Actual Deposits
A TDS mismatch notice means your 26Q or 27Q return does not match challan deposits. File a correction return on TRACES to link challans correctly. Wrong deductee PAN blocks their TDS credit.
TDS Demand Notice: Section 194C (Contractors) and 194J (Professional Fees)
194C applies to contractor payments above Rs. 30,000 (1-2 percent). 194J applies to professional fees above Rs. 30,000 (10 percent or 2 percent for technical services). Non-deduction disallows 30 percent of the expense.
ROC / MCA Show Cause Notice for Annual Filing Default
Three consecutive years of non-filing disqualifies all directors under Section 164(2). File AOC-4 and MGT-7 immediately. Penalties accumulate at Rs. 100 per day. Use CFSS amnesty if available.
DIR-3 KYC Notice: Director DIN Deactivation
DIN deactivation blocks all director actions. File DIR-3 KYC with Rs. 5,000 late fee to restore. Triennial KYC filing. Next due June 30, 2028. Use DIR-3 KYC-Web for renewals if details unchanged.
Business PAN: What It Is and Why Your Company Needs It
Companies and LLPs now get PAN automatically at incorporation via SPICe+ and FiLLiP. Who still needs to apply (firms, trusts, older entities), what you cannot do without PAN, and how Form 49A works.
TDS Return Q4 FY2025-26: Deadline Passed, Late Filing Guide
The 31 May 2026 due date for Q4 FY2025-26 TDS returns has passed; Section 234E fees accrue at Rs 200 per day. How to file 24Q/26Q/27Q late, stop the fee, and issue the Form 16 your employees need for ITR season.
TDS Return Q1 FY2026-27: Filing Guide and Due Date
Complete guide to filing TDS Return for Q1 (Apr-Jun 2026) of FY2026-27. Due date is July 31, 2026. Learn about Form 24Q, 26Q, 27Q requirements and avoid late filing penalties.
TDS Return Q2 FY2026-27: Filing Guide and Due Date
Complete guide to filing TDS Return for Q2 (Jul-Sep 2026) of FY2026-27. Due date is October 31, 2026. Learn about Form 24Q, 26Q, 27Q requirements and avoid late filing penalties.
Business ITR FY2025-26: Filing Guide and Due Date
Complete guide to filing Business Income Tax Return for FY2025-26 (AY2026-27). Due date is October 31, 2026 for companies and audit cases. Learn about ITR-6, ITR-5, and ITR-3 requirements.
GSTR-9 Annual Return FY2025-26: Filing Guide and Due Date
Complete guide to filing GSTR-9 Annual Return for FY2025-26. Due date is December 31, 2026. Learn about eligibility, documents required, reconciliation process, and penalties for late filing.
ITR Filing for FY 2025-26: Which Form, When, and What Changed
How to choose the right ITR form for FY 2025-26, the staggered Budget 2026 deadlines, the new Section 234I revised return fee, and what the Income Tax Act 2025 transition means for your filing.
ITR Filing for FY 2026-27: First Full Year Under Income Tax Act 2025
First ITR fully under the Income Tax Act 2025. Tax Year 2026-27, staggered deadlines, renumbered sections (139 to 263, 234F to 426), expanded HRA cities, new PAN rules, revised forms.
GST Annual Return Filing: GSTR-9 and GSTR-9C for Indian Businesses
Complete guide to GST annual return filing in India. Who files GSTR-9 and GSTR-9C, the FY 2024-25 deadline that was 31 December 2025, FY 2025-26 deadline of 31 December 2026, tiered late fee structure, and self-certification rules.
GST Annual Return for FY 2025-26: GSTR-9 and GSTR-9C Due 31 December 2026
Annual GST return for FY 2025-26 due 31 December 2026. GSTR-9 mandatory above Rs 2 crore turnover, GSTR-9C above Rs 5 crore. Tiered late fee structure, self-certification, ITC reconciliation under Rules 37 and 37A.
DIR-3 KYC for Directors: New Triennial Regime, Penalty, and Reactivation
DIR-3 KYC moved from annual to triennial filing per MCA notification G.S.R. 943(E) dated 31 December 2025, effective 31 March 2026. Filing once every 3 years by 30 June. Rs 5,000 penalty for late filing or DIN reactivation. Filed by Ollvy CS team.
TDS Return Q1 FY 2026-27: First Quarter Under Income Tax Act 2025
TDS quarterly return for Q1 FY 2026-27 (April-June 2026), due 31 July 2026. The first TDS quarter governed by the Income Tax Act 2025 (Sections 392, 393). Section 234E and 271H penalties, IT Act 2025 section mappings, and filing checklist.
Salaried ITR Filing for FY 2025-26: ITR-1 vs ITR-2, Deadlines, Penalties
File ITR-1 / ITR-2 for FY 2025-26 by 31 July 2026. Section 234F penalty for late filing, loss of carry-forward, Section 87A rebate up to Rs 12 lakh under new regime. Ollvy files in 3 days starting Rs 1,499.
Business ITR Filing for FY 2025-26: ITR-3 and ITR-4 Non-Audit
Budget 2026 set a staggered ITR deadline. ITR-3 and ITR-4 non-audit filers must file by 31 August 2026 for FY 2025-26. Section 234F penalty, presumptive scheme rules, audit threshold triggers covered.
MGT-7 Annual Return Filing for Indian Companies (FY 2025-26)
File MGT-7 / MGT-7A annual return within 60 days of AGM. For 30 September 2026 AGM, deadline is 29 November 2026. Section 403 Rs 100/day + Section 92(5) Rs 10K base penalty. Ollvy CS team files in 7 days.
LLP Form 8 Statement of Account and Solvency Filing (FY 2025-26)
Every LLP must file Form 8 (Statement of Account and Solvency) by 30 October 2026 for FY 2025-26. Audit needed if turnover above Rs 40L or contribution above Rs 25L. Multiplier-based late fees under LLP (Amendment) Rules 2022. Ollvy files in 7 days from Rs 2,499.
ADT-1 Auditor Appointment Filing under Companies Act 2013
File Form ADT-1 to intimate ROC about auditor appointment within 15 days of AGM. Standard deadline 15 October 2026 for 30 September AGMs. Multiplier-based late fees (2x to 12x of normal fee). Filed by Ollvy CS team.
DPT-3 for FY 2025-26: Missed the 30 June 2026 Deadline? File Now
The 30 June 2026 DPT-3 deadline has passed. Additional fees run at Rs 100 per day (Section 403) with no cap, and Section 73 penalties can follow on adjudication. File now with Ollvy CS to stop the meter.
Missed Advance Tax Q1 (15 June 2026)? Catch Up Before 15 September
The 15 June 2026 Q1 advance tax date has passed. Interest under Section 425 (IT Act 2025) is a fixed 3 months at 1% on the shortfall. Reach 45% of annual tax by 15 September 2026 to stop the next charge.
Advance Tax Q2 for FY 2026-27: 45 Percent Cumulative by 15 September 2026
Pay cumulative 45% of estimated FY 2026-27 advance tax by 15 September 2026. Section 425 (IT Act 2025) interest for default. Computed and paid by Ollvy CAs starting Rs 999.
Advance Tax Q3 for FY 2026-27: 75 Percent Cumulative by 15 December 2026
Pay cumulative 75% of estimated FY 2026-27 advance tax by 15 December 2026. Section 425 (IT Act 2025) interest for default. Computed and paid by Ollvy CAs starting Rs 999.
Advance Tax Q4 for FY 2026-27: 100 Percent by 15 March 2027
Pay 100% of estimated FY 2026-27 advance tax by 15 March 2027. Avoid Section 424 (IT Act 2025) annual underpayment interest. Computed and paid by Ollvy CAs starting Rs 999.
TDS Return Q3 FY 2026-27: Forms 24Q, 26Q, 27Q under IT Act 2025
File Q3 TDS return (Oct-Dec 2026) by 31 January 2027 under IT Act 2025 Section 393. Forms 24Q, 26Q, 27Q, 27EQ. Section 234E penalty Rs 200 per day for delays. Filed by Ollvy CAs.
TDS Return Q4 FY 2026-27: Form 16 Generation and Year-End Reconciliation
File Q4 TDS return (Jan-Mar 2027) by 31 May 2027 to trigger Form 16 issuance to employees. Section 234E penalty Rs 200 per day for delays. IT Act 2025 Section 392/393 codes apply. Filed by Ollvy.
MSME Form 1 H1 2026-27: V3 Expanded Disclosure for MSE Suppliers
File MSME Form 1 H1 (Apr-Sep 2026) by 31 October 2026 under V3 expanded disclosure. Required if any MSE supplier payment exceeded 45 days. Section 405 penalty Rs 25,000 plus Section 43B(h) disallowance.
MSME Form 1 H2 2026-27: Year-End Cutoff and Section 43B(h) Reconciliation
File MSME Form 1 H2 (Oct 2026 - Mar 2027) by 30 April 2027 under V3 expanded disclosure. Year-end cutoff aligns with 43B(h) tax audit. Section 405 penalty Rs 25,000+ for delays. Filed by Ollvy.
MCA Annual Filing for Pvt Ltd: AOC-4 and MGT-7 Explained
Complete guide to MCA annual filing for Pvt Ltd companies in India. AGM rules, AOC-4 (financials, 30 days), MGT-7 (annual return, 60 days), penalties, director disqualification under Section 164(2).
Advance Tax in India: Who Pays, When, and How Much
Complete guide to advance tax in India. When it applies, the 15/45/75/100 quarterly schedule, Section 234B and 234C interest, calculation logic, and exemptions. By Ollvy CAs.
IEC (Import Export Code) in India: When You Need It and How to Get It
Complete guide to IEC (Import Export Code). Who needs it, how it differs from GST, AD Code follow-up, application via DGFT, annual update requirement. Filed by Ollvy in 5 days.
LUT for Exports: How to Export GST-Free Without IGST Refund Hassles
Complete guide to LUT (Letter of Undertaking) for GST-free exports. Eligibility, annual filing, LUT vs IGST refund route, application via GST portal. Filed by Ollvy in 3 days.
IEPF Claim: How to Recover Unclaimed Shares and Dividends in India
Step-by-step guide to recovering unclaimed shares, dividends, matured deposits and debentures from IEPF using Form IEPF-5. Documents, timelines, common rejections. Filed by Ollvy.
ESOP Structuring for Indian Startups: Pool Size, Vesting, Tax
Plain-English guide to setting up an ESOP plan for your Indian startup. Pool sizing benchmarks, vesting schedules, Section 17(2) tax timing, FMV, exercise mechanics. Drafted by Ollvy.
TDS on Rent: Section 194-I vs 194-IB Explained (FY 2026-27)
When TDS on rent applies, who deducts under 194-I (10%, threshold Rs 50K/month) and who deducts under 194-IB (2%), Form 26QC for individuals, and how the Income Tax Act 2025 maps these to Section 393. Plain English guide by Ollvy.
TDS on Property Purchase: Section 194-IA and Form 26QB
Buying property over Rs 50L in India? Section 194-IA needs you to deduct 1% TDS and file Form 26QB within 30 days. Joint buyers, instalment payments, NRI sellers and the most common mistakes, all explained.
AGM Compliance for Indian Companies: Timing, Notice, Penalties
Annual General Meeting rules for Pvt Ltd and OPC: when the first AGM is due, recurring AGM by 30 September, 21-day notice rule, quorum, voting, penalties under Section 99. Filed by Ollvy.
DIR-3 KYC: The New Triennial Rule and What Directors Must Do
MCA's December 2025 notification shifted Director KYC from annual to triennial, retired the eForm DIR-3 KYC, and made DIR-3 KYC Web the only filing route. Triennial cycle, Rs 5K reactivation fee, Rs 500 change fee, and the 30-day event-based update rule.
CCFS 2026: MCA Amnesty for Pending ROC Filings Ends 31 August
MCA CCFS window closes 31 August 2026: clear pending AOC-4, MGT-7 and ADT-1 at 10% of additional fees. Miss it and Rs 100/day per form returns in full.
New TDS Sections for FY 2026-27: 194-Series Replaced by 392, 393, 394
From 1 April 2026 the 194-series is gone: salary TDS is Section 392, non-salary 393, TCS 394. New forms 138/140/143/144. Q2 FY 2026-27 return due 31 Oct 2026.
Income Tax Act 2025 vs 1961: Old to New Section Mapping
Find any 1961 Act section in the Income-tax Act 2025: 139 is now 263, 143(1) is 270(1), 148 is 280, 234B is 424. Plus which Act governs your notice or ITR.
Missed the ITR Deadline? Belated Return for AY 2026-27 Explained
Missed the ITR due date for AY 2026-27? File belated u/s 139(4) by 31 Dec 2026: Rs 5,000 late fee (Rs 1,000 under Rs 5L income), 234A interest, losses lost.
ITR-U Updated Return: The 48-Month Window and What It Costs
ITR-U lets you file or fix a return up to 48 months late at 25-70% additional tax. AY 2022-23 window closes 31 March 2027. Who can file, who cannot, the math.
Got a Foreign Assets SMS from the Income Tax Department? Schedule FA, Explained
The IT department NUDGE SMS on foreign assets uses CRS/FATCA data already in your AIS. Revise with Schedule FA by 31 Dec 2026 or face the Rs 10 lakh penalty.
The Four Labour Codes Are Live: What SME Employers Must Change in 2026-27
Four labour codes in force since 21 Nov 2025, Central Rules notified 8 May 2026. The 50% wages rule reshapes PF, gratuity and take-home. Fines up to Rs 3 lakh.
The New EPF Scheme 2026: What Changes for Employers From 1 July
The EPF Scheme 2026, effective 1 July 2026, replaces the 1952 Scheme: contributions on SS-Code wages, voluntary employer share above Rs 15,000, EPFO 3.0.
PAS-6 for Apr-Sep 2026: The Share Capital Audit Report Most Private Companies Now Owe
PAS-6 for Apr-Sep 2026 is due 29 November 2026. Most non-small private companies must now file. Section 450 penalty: Rs 10,000 plus Rs 1,000/day if you miss it.
Form 141: The New TDS Challan for Property Purchases and Rent
Form 141 replaces 26QB/26QC/26QD/26QE for TDS deducted from 1 April 2026: property buys of Rs 50L+, rent over Rs 50k/month. 30 days to deposit, Rs 200/day late.
GST Invoice Management System (IMS): Mandatory Rules and ITC Hard-Locking
IMS is mandatory from 1 April 2026 and GSTR-3B Table 4 ITC is hard-locked from the July 2026 period. Unactioned or rejected invoices mean lost ITC and DRC-01B.
Appealing to the GST Appellate Tribunal (GSTAT): Deadlines, Pre-Deposit, Process
Lost your first GST appeal? You have 3 months from the order to file APL-05 before GSTAT with a 10% pre-deposit. Miss it and recovery can hit your bank account.
Salaried ITR for Tax Year 2026-27: Due 31 July 2027
Salaried ITR for tax year 2026-27 is due 31 July 2027, the first under the Income-tax Act 2025. Late fee up to Rs 5,000. Check Form 130 before filing.
Business ITR for Tax Year 2026-27: New Deadline 31 August 2027
Non-audit business ITR for tax year 2026-27 is now due 31 August 2027, not 31 July. Audit cases 31 October. Late fee Rs 5,000 plus 1% monthly interest.
Section 280 / 281 Reassessment Notice (Income Tax Act 2025): What It Means
Sections 280 and 281 of the Income-tax Act 2025 replace 148/148A for reopening notices from 1 April 2026. Respond within the notice window, usually 30 days.
Section 270(1) Intimation (Income Tax Act 2025): Demand, Refund, or No Change
A Section 270(1) intimation is the Income-tax Act 2025 successor to 143(1): demand, refund, or no change. You get 30 days to respond to adjustments.
Form 16 Is Now Form 130: Salary TDS Certificate for Tax Year 2026-27
For tax year 2026-27 your salary TDS certificate is Form 130, not Form 16, under the Income Tax Rules 2026. Employers must issue it by 15 June 2027.
LUT Renewal for FY 2027-28: File Before 1 April 2027
Renew your GST LUT for FY 2027-28 before 1 April 2027 to keep exporting without IGST. Miss it and you pay IGST upfront and wait months for the refund.
LLP Form 11 Annual Return Filing (FY 2026-27): Due 30 May 2027
Every LLP must file Form 11 annual return for FY 2026-27 by 30 May 2027. Late fees are multiplier-based with no upper cap. Dormant LLPs file too.
DPT-3 Return of Deposits for FY 2026-27: Due 30 June 2027
File DPT-3 for FY 2026-27 by 30 June 2027. Director loans, ICDs, and advances all get reported. Late filing: Rs 100/day fee plus Rs 5,000 penalty (Rule 21).
Advance Tax Q1 for FY 2027-28: 15 Percent by 15 June 2027
Pay 15% of estimated FY 2027-28 tax by 15 June 2027 if liability exceeds Rs 10,000. Section 425 interest at 1% a month applies to any shortfall.
IEC Annual Update 2027: Confirm Your IEC Between 1 April and 30 June
Confirm your IEC on the DGFT portal between 1 April and 30 June 2027, even with no changes. Miss it and the IEC is deactivated, halting all trade.
RBI FLA Return for FY 2026-27: Due 15 July 2027
Any company or LLP with FDI or overseas investment on the FY 2026-27 balance sheet must file the RBI FLA return by 15 July 2027. Late fee Rs 7,500 under FEMA.
FSSAI Annual Return (Form D1) for FY 2026-27: Due 31 May 2027
FSSAI license holders who manufacture, process, or import food must file Form D1 for FY 2026-27 by 31 May 2027 on FoSCoS. Rs 100 per day penalty, no cap.
96 guides
Do I Need GST Registration?
Find out if GST registration is mandatory for your business in India. Covers turnover thresholds, exemptions, interstate supply rules, and e-commerce.
Private Limited Company vs LLP: Which Should You Choose?
Compare Private Limited Company and LLP in India. Understand compliance costs, tax implications, liability protection, and which is better for your business.
Do I Need to File an Income Tax Return?
Check if ITR filing is mandatory for you in India. Covers salaried, freelancers, business owners, and NRIs - with 2025-26 thresholds and exemptions.
Do I Need Trademark Registration?
Find out if trademark registration makes sense for your brand in India. Understand protection, costs, enforcement, and when to prioritise it in 2026.
When Does PF Registration Become Mandatory?
Find out when Provident Fund (EPFO) registration becomes mandatory for your business in India. Covers employee threshold, penalties, and voluntary registration.
When Does ESI Registration Become Mandatory?
Understand when ESIC registration becomes mandatory for your business in India. Employee threshold, salary limit, covered industries, and non-compliance penalties.
Do I Need Professional Tax Registration?
Find out if Professional Tax applies to your business or profession in India. State-wise thresholds, who must register, and employer vs self-employed obligations.
Do I Need Shop and Establishment Registration?
Find out if your business needs Shop and Establishment registration in India. Covers shops, offices, restaurants, and home-based businesses - state-wise rules 2026.
Is MSME / Udyam Registration Worth It?
Find out if Udyam (MSME) registration makes sense for your business. Covers benefits, eligibility, credit access, government tenders, and what you actually get.
Should I Get DPIIT Startup Recognition?
Decide if DPIIT Startup Recognition is right for your company. Covers eligibility, angel tax exemption, 3-year tax holiday, patent benefits, and how to apply.
Do I Need an FSSAI Licence?
Find out if FSSAI registration or licence is mandatory for your food business in India. Covers restaurants, cloud kitchens, home cooks, manufacturers, and importers.
Which ITR Form Should I Use?
Find out which Income Tax Return form applies to you in India for FY 2024-25. ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 - clear eligibility explained.
GST DRC-01 Notice: What It Means and What to Do
A DRC-01 is a formal GST tax demand. You have 30 days to reply before the officer passes an order without hearing your side. Understand Section 73 vs 74 and how to respond.
GST DRC-01A Notice: Pre-Show Cause Notice Intimation
A DRC-01A is a pre-demand intimation, not a formal notice. Respond well here and the matter may close without a DRC-01 ever being issued. You have 30 days.
GST DRC-01B Notice: GSTR-1 vs GSTR-3B Liability Mismatch
A DRC-01B notice means the GST system found a mismatch between your GSTR-1 and GSTR-3B. You have 7 days to explain or pay the difference before it escalates to a formal DRC-01 demand.
GST ASMT-10 Scrutiny Notice: What It Means and How to Reply
A GST ASMT-10 notice means an officer found a discrepancy in your returns. You have 15 days to reply in Form ASMT-11. No reply leads to a best judgment assessment under Section 62.
GST ASMT-14 Notice: Best Judgment Assessment
A GST ASMT-14 is a best judgment assessment issued when ASMT-10 was not replied to. Filing all pending returns within 30 days withdraws the assessment under Section 62(2).
GST REG-17 Notice: Your GST Registration May Be Cancelled
A GST REG-17 notice means your registration may be cancelled. You have 7 working days to reply in Form REG-18. No reply results in a REG-19 cancellation order.
GST REG-31 Notice: Your GST Registration Has Been Suspended
A GST REG-31 notice means your registration is suspended. You cannot issue invoices or claim ITC while suspended. REG-17 cancellation notice follows within 30 days if you do not act.
GST ITC Mismatch Notice: GSTR-2B vs Claimed Input Tax Credit
ITC claims exceeding your GSTR-2B are blocked under Section 16(2)(aa). Reconcile your purchase register with GSTR-2B every month before filing GSTR-3B to avoid demands.
GST Annual Return Mismatch Notice: GSTR-9 vs GSTR-3B Discrepancy
GSTR-9 discrepancies often trigger ASMT-10 scrutiny. Prepare a full year reconciliation matching GSTR-9 lines to GSTR-3B. GSTR-9 cannot be amended after filing.
Income Tax Section 143(1) Intimation: What It Means
A 143(1) intimation shows the CPC processing result: demand raised, refund due, or no adjustment. TDS mismatch is the most common demand trigger. File Section 154 rectification to fix errors.
Income Tax Section 143(2) Scrutiny Notice: A Human is Reviewing Your Return
A 143(2) notice means your return was selected for detailed scrutiny. The process runs 12-18 months through the faceless assessment system. Engage a CA from day one.
Income Tax Section 142(1) Notice: What the Department is Asking For
A 142(1) notice has two purposes: asking you to file a return (142(1)(i)) or produce documents during scrutiny (142(1)(ii)). Non-compliance attracts Rs. 10,000 penalty per notice under 271(1)(b).
Income Tax Section 148 / 148A Notice: Reopening of Assessment
A 148A notice is your chance to stop reassessment before it starts. Reply within 7-30 days explaining why the alleged income did not escape assessment. Strong 148A replies close cases early.
Income Tax Section 139(9) Notice: Defective Return
A 139(9) notice means your ITR has a structural defect. Fix it within 15 days or your return becomes invalid. Common defects: wrong ITR form, missing schedules, or audit report not filed.
Income Tax Section 156 Notice of Demand: Tax Has Been Assessed and is Now Due
A Section 156 notice is the formal demand for tax determined in an assessment order. Pay within 30 days, or interest at 1 percent per month starts. Appeal requires 20 percent pre-deposit for stay.
Income Tax Section 245 Notice: Your Refund Has Been Adjusted
A Section 245 notice says your refund will be adjusted against an old demand. You have 30 days to object. Check if the demand was already paid or is under appeal.
Income Tax Section 271 Penalty Notice: Penalty for Non-Compliance or Concealment
271(1)(b) penalty is Rs. 10,000 for non-response. 271(1)(c) penalty is 100-300 percent of tax on concealed income. Show "reasonable cause" or "bonafide belief" to contest.
Income Tax Section 131 Summons: What to Do When You Are Called In
A Section 131 summons requires your personal attendance for examination on oath. Non-compliance is a criminal offence under Section 131(1A). Take a CA or advocate with you.
Income Tax AIS / SFT High-Value Transaction Notice
AIS now shows every high-value transaction to the department. If your ITR does not reflect a transaction in your AIS, expect a notice. Respond proactively before it becomes a 148A.
TDS Short Deduction or Non-Deduction Notice from TRACES
TRACES detected TDS short or non-deduction. Interest runs at 1-1.5 percent per month. Section 40(a)(ia) disallows 30 percent of the expense. File a correction return after depositing the shortfall.
TDS Mismatch Notice: 26Q / 27Q Return vs Actual Deposits
A TDS mismatch notice means your 26Q or 27Q return does not match challan deposits. File a correction return on TRACES to link challans correctly. Wrong deductee PAN blocks their TDS credit.
TDS Demand Notice: Section 194C (Contractors) and 194J (Professional Fees)
194C applies to contractor payments above Rs. 30,000 (1-2 percent). 194J applies to professional fees above Rs. 30,000 (10 percent or 2 percent for technical services). Non-deduction disallows 30 percent of the expense.
ROC / MCA Show Cause Notice for Annual Filing Default
Three consecutive years of non-filing disqualifies all directors under Section 164(2). File AOC-4 and MGT-7 immediately. Penalties accumulate at Rs. 100 per day. Use CFSS amnesty if available.
DIR-3 KYC Notice: Director DIN Deactivation
DIN deactivation blocks all director actions. File DIR-3 KYC with Rs. 5,000 late fee to restore. Triennial KYC filing. Next due June 30, 2028. Use DIR-3 KYC-Web for renewals if details unchanged.
Business PAN: What It Is and Why Your Company Needs It
Companies and LLPs now get PAN automatically at incorporation via SPICe+ and FiLLiP. Who still needs to apply (firms, trusts, older entities), what you cannot do without PAN, and how Form 49A works.
TDS Return Q4 FY2025-26: Deadline Passed, Late Filing Guide
The 31 May 2026 due date for Q4 FY2025-26 TDS returns has passed; Section 234E fees accrue at Rs 200 per day. How to file 24Q/26Q/27Q late, stop the fee, and issue the Form 16 your employees need for ITR season.
TDS Return Q1 FY2026-27: Filing Guide and Due Date
Complete guide to filing TDS Return for Q1 (Apr-Jun 2026) of FY2026-27. Due date is July 31, 2026. Learn about Form 24Q, 26Q, 27Q requirements and avoid late filing penalties.
TDS Return Q2 FY2026-27: Filing Guide and Due Date
Complete guide to filing TDS Return for Q2 (Jul-Sep 2026) of FY2026-27. Due date is October 31, 2026. Learn about Form 24Q, 26Q, 27Q requirements and avoid late filing penalties.
Business ITR FY2025-26: Filing Guide and Due Date
Complete guide to filing Business Income Tax Return for FY2025-26 (AY2026-27). Due date is October 31, 2026 for companies and audit cases. Learn about ITR-6, ITR-5, and ITR-3 requirements.
GSTR-9 Annual Return FY2025-26: Filing Guide and Due Date
Complete guide to filing GSTR-9 Annual Return for FY2025-26. Due date is December 31, 2026. Learn about eligibility, documents required, reconciliation process, and penalties for late filing.
ITR Filing for FY 2025-26: Which Form, When, and What Changed
How to choose the right ITR form for FY 2025-26, the staggered Budget 2026 deadlines, the new Section 234I revised return fee, and what the Income Tax Act 2025 transition means for your filing.
ITR Filing for FY 2026-27: First Full Year Under Income Tax Act 2025
First ITR fully under the Income Tax Act 2025. Tax Year 2026-27, staggered deadlines, renumbered sections (139 to 263, 234F to 426), expanded HRA cities, new PAN rules, revised forms.
GST Annual Return Filing: GSTR-9 and GSTR-9C for Indian Businesses
Complete guide to GST annual return filing in India. Who files GSTR-9 and GSTR-9C, the FY 2024-25 deadline that was 31 December 2025, FY 2025-26 deadline of 31 December 2026, tiered late fee structure, and self-certification rules.
GST Annual Return for FY 2025-26: GSTR-9 and GSTR-9C Due 31 December 2026
Annual GST return for FY 2025-26 due 31 December 2026. GSTR-9 mandatory above Rs 2 crore turnover, GSTR-9C above Rs 5 crore. Tiered late fee structure, self-certification, ITC reconciliation under Rules 37 and 37A.
DIR-3 KYC for Directors: New Triennial Regime, Penalty, and Reactivation
DIR-3 KYC moved from annual to triennial filing per MCA notification G.S.R. 943(E) dated 31 December 2025, effective 31 March 2026. Filing once every 3 years by 30 June. Rs 5,000 penalty for late filing or DIN reactivation. Filed by Ollvy CS team.
TDS Return Q1 FY 2026-27: First Quarter Under Income Tax Act 2025
TDS quarterly return for Q1 FY 2026-27 (April-June 2026), due 31 July 2026. The first TDS quarter governed by the Income Tax Act 2025 (Sections 392, 393). Section 234E and 271H penalties, IT Act 2025 section mappings, and filing checklist.
Salaried ITR Filing for FY 2025-26: ITR-1 vs ITR-2, Deadlines, Penalties
File ITR-1 / ITR-2 for FY 2025-26 by 31 July 2026. Section 234F penalty for late filing, loss of carry-forward, Section 87A rebate up to Rs 12 lakh under new regime. Ollvy files in 3 days starting Rs 1,499.
Business ITR Filing for FY 2025-26: ITR-3 and ITR-4 Non-Audit
Budget 2026 set a staggered ITR deadline. ITR-3 and ITR-4 non-audit filers must file by 31 August 2026 for FY 2025-26. Section 234F penalty, presumptive scheme rules, audit threshold triggers covered.
MGT-7 Annual Return Filing for Indian Companies (FY 2025-26)
File MGT-7 / MGT-7A annual return within 60 days of AGM. For 30 September 2026 AGM, deadline is 29 November 2026. Section 403 Rs 100/day + Section 92(5) Rs 10K base penalty. Ollvy CS team files in 7 days.
LLP Form 8 Statement of Account and Solvency Filing (FY 2025-26)
Every LLP must file Form 8 (Statement of Account and Solvency) by 30 October 2026 for FY 2025-26. Audit needed if turnover above Rs 40L or contribution above Rs 25L. Multiplier-based late fees under LLP (Amendment) Rules 2022. Ollvy files in 7 days from Rs 2,499.
ADT-1 Auditor Appointment Filing under Companies Act 2013
File Form ADT-1 to intimate ROC about auditor appointment within 15 days of AGM. Standard deadline 15 October 2026 for 30 September AGMs. Multiplier-based late fees (2x to 12x of normal fee). Filed by Ollvy CS team.
DPT-3 for FY 2025-26: Missed the 30 June 2026 Deadline? File Now
The 30 June 2026 DPT-3 deadline has passed. Additional fees run at Rs 100 per day (Section 403) with no cap, and Section 73 penalties can follow on adjudication. File now with Ollvy CS to stop the meter.
Missed Advance Tax Q1 (15 June 2026)? Catch Up Before 15 September
The 15 June 2026 Q1 advance tax date has passed. Interest under Section 425 (IT Act 2025) is a fixed 3 months at 1% on the shortfall. Reach 45% of annual tax by 15 September 2026 to stop the next charge.
Advance Tax Q2 for FY 2026-27: 45 Percent Cumulative by 15 September 2026
Pay cumulative 45% of estimated FY 2026-27 advance tax by 15 September 2026. Section 425 (IT Act 2025) interest for default. Computed and paid by Ollvy CAs starting Rs 999.
Advance Tax Q3 for FY 2026-27: 75 Percent Cumulative by 15 December 2026
Pay cumulative 75% of estimated FY 2026-27 advance tax by 15 December 2026. Section 425 (IT Act 2025) interest for default. Computed and paid by Ollvy CAs starting Rs 999.
Advance Tax Q4 for FY 2026-27: 100 Percent by 15 March 2027
Pay 100% of estimated FY 2026-27 advance tax by 15 March 2027. Avoid Section 424 (IT Act 2025) annual underpayment interest. Computed and paid by Ollvy CAs starting Rs 999.
TDS Return Q3 FY 2026-27: Forms 24Q, 26Q, 27Q under IT Act 2025
File Q3 TDS return (Oct-Dec 2026) by 31 January 2027 under IT Act 2025 Section 393. Forms 24Q, 26Q, 27Q, 27EQ. Section 234E penalty Rs 200 per day for delays. Filed by Ollvy CAs.
TDS Return Q4 FY 2026-27: Form 16 Generation and Year-End Reconciliation
File Q4 TDS return (Jan-Mar 2027) by 31 May 2027 to trigger Form 16 issuance to employees. Section 234E penalty Rs 200 per day for delays. IT Act 2025 Section 392/393 codes apply. Filed by Ollvy.
MSME Form 1 H1 2026-27: V3 Expanded Disclosure for MSE Suppliers
File MSME Form 1 H1 (Apr-Sep 2026) by 31 October 2026 under V3 expanded disclosure. Required if any MSE supplier payment exceeded 45 days. Section 405 penalty Rs 25,000 plus Section 43B(h) disallowance.
MSME Form 1 H2 2026-27: Year-End Cutoff and Section 43B(h) Reconciliation
File MSME Form 1 H2 (Oct 2026 - Mar 2027) by 30 April 2027 under V3 expanded disclosure. Year-end cutoff aligns with 43B(h) tax audit. Section 405 penalty Rs 25,000+ for delays. Filed by Ollvy.
MCA Annual Filing for Pvt Ltd: AOC-4 and MGT-7 Explained
Complete guide to MCA annual filing for Pvt Ltd companies in India. AGM rules, AOC-4 (financials, 30 days), MGT-7 (annual return, 60 days), penalties, director disqualification under Section 164(2).
Advance Tax in India: Who Pays, When, and How Much
Complete guide to advance tax in India. When it applies, the 15/45/75/100 quarterly schedule, Section 234B and 234C interest, calculation logic, and exemptions. By Ollvy CAs.
IEC (Import Export Code) in India: When You Need It and How to Get It
Complete guide to IEC (Import Export Code). Who needs it, how it differs from GST, AD Code follow-up, application via DGFT, annual update requirement. Filed by Ollvy in 5 days.
LUT for Exports: How to Export GST-Free Without IGST Refund Hassles
Complete guide to LUT (Letter of Undertaking) for GST-free exports. Eligibility, annual filing, LUT vs IGST refund route, application via GST portal. Filed by Ollvy in 3 days.
IEPF Claim: How to Recover Unclaimed Shares and Dividends in India
Step-by-step guide to recovering unclaimed shares, dividends, matured deposits and debentures from IEPF using Form IEPF-5. Documents, timelines, common rejections. Filed by Ollvy.
ESOP Structuring for Indian Startups: Pool Size, Vesting, Tax
Plain-English guide to setting up an ESOP plan for your Indian startup. Pool sizing benchmarks, vesting schedules, Section 17(2) tax timing, FMV, exercise mechanics. Drafted by Ollvy.
TDS on Rent: Section 194-I vs 194-IB Explained (FY 2026-27)
When TDS on rent applies, who deducts under 194-I (10%, threshold Rs 50K/month) and who deducts under 194-IB (2%), Form 26QC for individuals, and how the Income Tax Act 2025 maps these to Section 393. Plain English guide by Ollvy.
TDS on Property Purchase: Section 194-IA and Form 26QB
Buying property over Rs 50L in India? Section 194-IA needs you to deduct 1% TDS and file Form 26QB within 30 days. Joint buyers, instalment payments, NRI sellers and the most common mistakes, all explained.
AGM Compliance for Indian Companies: Timing, Notice, Penalties
Annual General Meeting rules for Pvt Ltd and OPC: when the first AGM is due, recurring AGM by 30 September, 21-day notice rule, quorum, voting, penalties under Section 99. Filed by Ollvy.
DIR-3 KYC: The New Triennial Rule and What Directors Must Do
MCA's December 2025 notification shifted Director KYC from annual to triennial, retired the eForm DIR-3 KYC, and made DIR-3 KYC Web the only filing route. Triennial cycle, Rs 5K reactivation fee, Rs 500 change fee, and the 30-day event-based update rule.
CCFS 2026: MCA Amnesty for Pending ROC Filings Ends 31 August
MCA CCFS window closes 31 August 2026: clear pending AOC-4, MGT-7 and ADT-1 at 10% of additional fees. Miss it and Rs 100/day per form returns in full.
New TDS Sections for FY 2026-27: 194-Series Replaced by 392, 393, 394
From 1 April 2026 the 194-series is gone: salary TDS is Section 392, non-salary 393, TCS 394. New forms 138/140/143/144. Q2 FY 2026-27 return due 31 Oct 2026.
Income Tax Act 2025 vs 1961: Old to New Section Mapping
Find any 1961 Act section in the Income-tax Act 2025: 139 is now 263, 143(1) is 270(1), 148 is 280, 234B is 424. Plus which Act governs your notice or ITR.
Missed the ITR Deadline? Belated Return for AY 2026-27 Explained
Missed the ITR due date for AY 2026-27? File belated u/s 139(4) by 31 Dec 2026: Rs 5,000 late fee (Rs 1,000 under Rs 5L income), 234A interest, losses lost.
ITR-U Updated Return: The 48-Month Window and What It Costs
ITR-U lets you file or fix a return up to 48 months late at 25-70% additional tax. AY 2022-23 window closes 31 March 2027. Who can file, who cannot, the math.
Got a Foreign Assets SMS from the Income Tax Department? Schedule FA, Explained
The IT department NUDGE SMS on foreign assets uses CRS/FATCA data already in your AIS. Revise with Schedule FA by 31 Dec 2026 or face the Rs 10 lakh penalty.
The Four Labour Codes Are Live: What SME Employers Must Change in 2026-27
Four labour codes in force since 21 Nov 2025, Central Rules notified 8 May 2026. The 50% wages rule reshapes PF, gratuity and take-home. Fines up to Rs 3 lakh.
The New EPF Scheme 2026: What Changes for Employers From 1 July
The EPF Scheme 2026, effective 1 July 2026, replaces the 1952 Scheme: contributions on SS-Code wages, voluntary employer share above Rs 15,000, EPFO 3.0.
PAS-6 for Apr-Sep 2026: The Share Capital Audit Report Most Private Companies Now Owe
PAS-6 for Apr-Sep 2026 is due 29 November 2026. Most non-small private companies must now file. Section 450 penalty: Rs 10,000 plus Rs 1,000/day if you miss it.
Form 141: The New TDS Challan for Property Purchases and Rent
Form 141 replaces 26QB/26QC/26QD/26QE for TDS deducted from 1 April 2026: property buys of Rs 50L+, rent over Rs 50k/month. 30 days to deposit, Rs 200/day late.
GST Invoice Management System (IMS): Mandatory Rules and ITC Hard-Locking
IMS is mandatory from 1 April 2026 and GSTR-3B Table 4 ITC is hard-locked from the July 2026 period. Unactioned or rejected invoices mean lost ITC and DRC-01B.
Appealing to the GST Appellate Tribunal (GSTAT): Deadlines, Pre-Deposit, Process
Lost your first GST appeal? You have 3 months from the order to file APL-05 before GSTAT with a 10% pre-deposit. Miss it and recovery can hit your bank account.
Salaried ITR for Tax Year 2026-27: Due 31 July 2027
Salaried ITR for tax year 2026-27 is due 31 July 2027, the first under the Income-tax Act 2025. Late fee up to Rs 5,000. Check Form 130 before filing.
Business ITR for Tax Year 2026-27: New Deadline 31 August 2027
Non-audit business ITR for tax year 2026-27 is now due 31 August 2027, not 31 July. Audit cases 31 October. Late fee Rs 5,000 plus 1% monthly interest.
Section 280 / 281 Reassessment Notice (Income Tax Act 2025): What It Means
Sections 280 and 281 of the Income-tax Act 2025 replace 148/148A for reopening notices from 1 April 2026. Respond within the notice window, usually 30 days.
Section 270(1) Intimation (Income Tax Act 2025): Demand, Refund, or No Change
A Section 270(1) intimation is the Income-tax Act 2025 successor to 143(1): demand, refund, or no change. You get 30 days to respond to adjustments.
Form 16 Is Now Form 130: Salary TDS Certificate for Tax Year 2026-27
For tax year 2026-27 your salary TDS certificate is Form 130, not Form 16, under the Income Tax Rules 2026. Employers must issue it by 15 June 2027.
LUT Renewal for FY 2027-28: File Before 1 April 2027
Renew your GST LUT for FY 2027-28 before 1 April 2027 to keep exporting without IGST. Miss it and you pay IGST upfront and wait months for the refund.
LLP Form 11 Annual Return Filing (FY 2026-27): Due 30 May 2027
Every LLP must file Form 11 annual return for FY 2026-27 by 30 May 2027. Late fees are multiplier-based with no upper cap. Dormant LLPs file too.
DPT-3 Return of Deposits for FY 2026-27: Due 30 June 2027
File DPT-3 for FY 2026-27 by 30 June 2027. Director loans, ICDs, and advances all get reported. Late filing: Rs 100/day fee plus Rs 5,000 penalty (Rule 21).
Advance Tax Q1 for FY 2027-28: 15 Percent by 15 June 2027
Pay 15% of estimated FY 2027-28 tax by 15 June 2027 if liability exceeds Rs 10,000. Section 425 interest at 1% a month applies to any shortfall.
IEC Annual Update 2027: Confirm Your IEC Between 1 April and 30 June
Confirm your IEC on the DGFT portal between 1 April and 30 June 2027, even with no changes. Miss it and the IEC is deactivated, halting all trade.
RBI FLA Return for FY 2026-27: Due 15 July 2027
Any company or LLP with FDI or overseas investment on the FY 2026-27 balance sheet must file the RBI FLA return by 15 July 2027. Late fee Rs 7,500 under FEMA.
FSSAI Annual Return (Form D1) for FY 2026-27: Due 31 May 2027
FSSAI license holders who manufacture, process, or import food must file Form D1 for FY 2026-27 by 31 May 2027 on FoSCoS. Rs 100 per day penalty, no cap.
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