Income tax is now largely data-driven. Your salary, interest, share and mutual fund transactions, property deals and high-value spending already reach the tax department through the Annual Information Statement. A return that does not agree with this data is picked up automatically, which is why we reconcile before we file.
The Income-tax Act, 2025 has come into force from 1 April 2026. It replaces the previous year and assessment year with a single tax year, renumbers the sections and introduces new forms for TDS and audit. Income of financial year 2025-26 is still reported under the earlier law, so for some time both sets of provisions have to be applied correctly. We keep track of which law applies to which period, so you do not have to.
Who we work with
- Salaried individuals, including those with capital gains, house property or foreign income
- Freelancers, consultants and professionals
- Proprietors, partnership firms, LLPs and companies
- Online sellers, traders and exporters
- Investors and traders in shares, mutual funds and futures and options
- Trusts and non-profit organisations
What we handle for you
Income tax return filing
Returns for individuals, HUFs, firms, LLPs, companies and trusts, prepared after matching Form 26AS, AIS and TIS with your records.
Old or new tax regime
A worked comparison of both regimes on your actual numbers before the option is exercised.
Capital gains
Computation for property, shares, mutual funds and other assets, with exemptions available on reinvestment.
Business and professional income
Presumptive taxation, regular books, depreciation, disallowances and advance tax planning through the year.
TDS and TCS compliance
Monthly deposit, quarterly statements, certificates for deductees, correction statements and resolution of defaults.
TDS on property and rent
Deduction, payment and certificates for purchase of property and for rent paid by individuals.
Lower or nil deduction certificates
Applications where the tax deducted at normal rates would exceed your actual liability.
Updated and revised returns
Correction of earlier returns and reporting of missed income within the time the law permits.
Income tax notices and assessments
Most notices today are issued and answered online. We prepare the response, upload the evidence and follow the matter until it is closed.
- Intimations with adjustments or demand after processing of the return
- Defective return notices
- Mismatch of income or TDS with AIS and Form 26AS
- Enquiries on high-value transactions and cash deposits
- Scrutiny assessments and reassessment proceedings
- Rectification applications for errors in orders
- Penalty proceedings
- Appeals before the first appellate authority
TDS: small defaults become large costs
Tax deducted in a month is generally to be deposited by the 7th of the following month. Late deposit attracts interest, late statements attract a fee for every day of delay, and expenses on which tax was not deducted can be disallowed in your own return. From 1 April 2026, deductions are reported under the consolidated TDS provisions of the new Act, with new section references and new form numbers. We review your payments every month, so that the right rate and the right reference are applied before the payment is made.
Documents usually required
- PAN and Aadhaar, and login details of the income tax portal
- Form 16 and salary details, or books of account and bank statements
- Interest certificates and capital gains statements
- Details of property bought, sold or let out
- Proof of investments and deductions, where the old regime is chosen
- Any notice or intimation received
Frequently asked questions
Which is better for me, the old or the new tax regime?
It depends on your income level and on deductions such as housing loan interest, house rent allowance and eligible investments. The new regime is the default and suits many taxpayers, but not all. We calculate tax under both and show you the difference before filing.
I have received an intimation showing a tax demand. Do I have to pay it?
Not until it has been checked. Many demands arise from TDS that has not been matched, an arithmetical adjustment or a mismatch in reported income. If the demand is incorrect, a rectification request or a response on the portal can remove it.
I missed filing my return on time. What can be done now?
A belated return can be filed with a late fee within the permitted period, and after that an updated return can be filed on payment of additional tax. Some losses cannot be carried forward when a return is late, so it is better not to wait.
Does the new Income-tax Act change how much tax I pay?
The new Act mainly simplifies the language and structure of the law and renumbers its provisions. Tax rates and slabs are set by the Finance Act each year. What changes for you are the terms, section numbers and forms used from tax year 2026-27.