Returns that reconcile to your books and survive scrutiny
A return is easy to file and expensive to file badly. We compute from the books rather than from last year's figures, keep the working, and file with the schedules that make a later query straightforward to answer.
What this covers
- Return preparation and filing
- Advance tax
- Capital gains
- Revised and belated returns
What this covers
Return preparation and filing
ITR-1 through ITR-7, computed from the books and reconciled to Form 26AS and the AIS.
Advance tax
Quarterly estimates and challans, so you are not paying interest under s.234B and s.234C for a shortfall nobody tracked.
Capital gains
Property, shares and mutual funds — computation, indexation and exemption planning under s.54 and its siblings.
Revised and belated returns
Corrections and late filings, including updated returns under s.139(8A) where they still help.
Form 26AS and AIS reconciliation
Differences between what the department already knows and what you are declaring, resolved before filing rather than after a notice.
Working paper file
The computation, its basis and its supporting documents kept, so a query three years later is answerable.