Category: Income Tax Published by: Atul Kapur & Associates Many taxpayers are surprised by a demand notice from the Income Tax department asking for interest on advance tax not paid. Unlike salaried employees whose tax is deducted at source by their employer, self-employed professionals, business owners, freelancers, and investors are required to pay their estimated tax liability in advance — in instalments across the financial year. Understanding advance tax is especially

Published by: CA Atul Kapur, Senior Partner, Atul Kapur & Associates Transfer pricing is often thought of as a concern only for large multinational corporations. In reality, any Indian business that transacts with a related party outside India, even a small exporter dealing with a foreign subsidiary or a family member's business abroad, is subject to India's transfer pricing regulations. With over 38 years of experience working with exporters, travel trade businesses, and e

A new financial year means a fresh compliance clock. Missing even a single GST deadline can cost your business more than just a late fee — it can affect your Input Tax Credit (ITC), trigger notices from GST authorities, disrupt vendor relationships, and in repeat cases, lead to suspension of your GST registration. FY 2026-27 (April 2026 to March 2027) brings with it the same core filing structure, but with updated enforcement focus from GSTN on ITC mismatches and e-invoicing

Category: NRI & International Tax Published by: Atul Kapur & Associates Whether you are an Indian professional working abroad, a returning NRI, or a foreign national with income sources in India, understanding your tax obligations is critical to staying compliant and avoiding double taxation. India's tax rules for Non-Resident Indians (NRIs) are nuanced and have seen significant updates in recent years. Here is a plain-English guide to help you understand where you stand. S

Category: Startups & Advisory Reading time: 6 min Published by: CA Abhay Kapur, Partner, Atul Kapur & Associates Most founders hire a CA when something goes wrong: a GST notice, a missed ROC filing, or a term sheet from an investor that they cannot decipher. By then, a reactive relationship with your Chartered Accountant costs far more than a proactive one would have. Having worked extensively with startups across energy, tech, VC-funded NBFCs, and D2C brands, here is what

Category: Income Tax Published by: Atul Kapur & Associates With the July 31 deadline for ITR filing approaching, salaried employees often find themselves scrambling for documents at the last minute. Filing your Income Tax Return correctly and on time not only keeps you compliant but also helps you claim refunds faster and avoid penalties under Section 234F. Here is a comprehensive checklist our team at Atul Kapur & Associates recommends every salaried taxpayer follow before