All Posts

Section 89 relief can reduce the extra tax burden that arises when eligible salary or family-pension arrears are received together in one financial year. It is not an automatic exemption for the entire arrears amount. The prescribed comparison examines the tax effect in the recei

GST on rent in India cannot be decided from the word “residential” or “commercial” alone. The use of the property, registration status of the parties, recipient category, transaction date and applicable notification all matter. A correct review separates exemption, forward charge

The tax treatment of a gift depends on the recipient, donor, asset, value and circumstances. It is not correct to say that every gift is taxable or that any gift from a familiar person is exempt. This guide explains the section 56(2)(x) framework for periods governed by the 1961

Udyam registration records an eligible enterprise within the Government’s MSME framework. It can support access to applicable schemes and recognition, but it does not guarantee a loan, subsidy or every MSME benefit. Eligibility and scheme-specific conditions should be assessed ra

TDS compliance for a business involves identifying covered payments, applying the correct provision and rate, depositing tax, furnishing statements and issuing the required certificates. A single standard percentage or calendar does not cover every payer and transaction. In 2026,

Presumptive taxation can simplify income computation for eligible businesses and professionals, but sections 44AD, 44ADA and 44AE cover different taxpayers and activities. Eligibility for a provision is also different from eligibility to use ITR-4. This guide addresses the old-Ac

A practical 2026 guide to Indian transfer pricing covering associated enterprises, arm’s length pricing, documentation, Form 3CEB, key deadlines, penalties and year-round compliance for businesses.

GST registration in India depends on the nature of supplies, location, turnover and any compulsory-registration or exemption provisions that apply. There is no single turnover headline that answers every case. An accurate registration review should take place before deciding whet

CA and CMA practical training in Ahmedabad should help students turn examination knowledge into reliable professional work. Before applying to PGT & Associates, confirm the course-specific eligibility rules and discuss the assignments, supervision and training registration availa

ITR-1, also called Sahaj, is intended for eligible resident individuals with specified income profiles. This guide concerns AY 2025-26, covering FY 2024-25, and should not be used as a substitute for the form rules of a later year. Eligibility must be checked before entering figu

An income tax appeal is a structured challenge to an appealable order, not simply a complaint that the result is unfair. The available forum, limitation period, filing requirements and grounds depend on the order and governing law. For earlier assessment years, the 1961 Act conti

Articleship at PGT & Associates is an opportunity to enquire about practical learning within an Ahmedabad chartered accountancy practice. The most useful question is not simply whether a firm has a vacancy: it is how the proposed role will help you build sound working habits, und

Professional auditing provides an independent examination within an agreed or statutory reporting framework. It can help users of financial information understand whether reporting is reliable and where control weaknesses require attention. An audit supports confidence, but it do

Timely income tax return filing helps taxpayers complete reporting obligations while preserving choices and remedies that may depend on a statutory deadline. It also leaves time to resolve missing documents and tax-credit differences. Timely filing is useful compliance discipline

Union Budget 2026-27 should be read as part of a wider compliance review, with a clear distinction between the Budget speech, Finance Bill proposals and provisions that actually take effect. This article was restored in October 2026 and focuses on practical tax and reporting ques

An income tax notice for AY 2025-26 should be assessed by its statutory provision, purpose and response date. Some communications concern return defects or processing differences; others seek information or begin a more detailed examination. A clear document-based response is usu

February 2026 is a completed historical period. This restored article helps businesses review whether the filings and payments relevant to that month were completed correctly. It is not a current-month deadline alert, and the applicable due date must be established from the relev

An intimation under section 143(1) reports the result of processing an income tax return under the 1961 Act. It may show no difference, a refund, a demand or an adjustment. Receiving an intimation does not, by itself, mean that a full scrutiny assessment or a finding of tax evasi

This page replaces an empty pre-Budget article with a retrospective guide to assessing Union Budget 2026. The Budget has already taken place; predictions should not be presented as current developments or enacted law. Readers making decisions now should work from the final legisl

Choosing a CA firm in Ahmedabad for articleship is a decision about training quality, supervision and professional fit. A firm’s reputation matters, but students should also examine the work they will perform and the feedback they will receive. This is a selection guide, not an i