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GST compliance for service providers in India has become more structured but significantly more data-driven in 2025. Agencies, chartered accountants, and consultants now face clearer tax rates and thresholds, alongside tighter scrutiny through analytics, cross-linking with income tax data, and stricter return matching. Errors in invoicing, ITC claims, or return reconciliation can quickly lead to notices and blocked credits. In this environment, managing GST is no longer a per

Startups and freelancers often receive income tax notices because income does not arrive in fixed monthly patterns. Irregular project payments, fluctuating receipts, mismatches with Form 26AS, or incorrect use of presumptive taxation frequently trigger system alerts under the Income Tax Act, 1961. Notices under sections such as 143(1) or 139(9) are rarely about fraud but usually about mismatches, missing disclosures, or compliance gaps. Handling these notices correctly depend

Side hustle and freelance earnings often leave digital footprints across bank statements, UPI credits, Form 26AS , and the Annual Information Statement. When these financial records do not align with income declared in ITRs, the Income Tax Department issues notices for clarification or reassessment. Most cases stem from unreported gig payments, mismatched TDS entries, or unexplained deposits exceeding disclosed turnover. These discrepancies are quickly flagged by automated s

Income tax notices often arise due to mismatches, missing information, or reporting errors, making compliance challenging for freelancers and business owners. Notices may relate to unreported income, incorrect tax filings, or scrutiny assessments that require prompt and accurate clarification. TaxBuddy offers a structured system that analyses notices, segments them by type, and guides users through resolution using expert oversight and automated checks. This ensures clarity

Freelancers and consultants are subject to income tax just like salaried individuals, but their income is treated as business or professional earnings under the Income Tax Act. With multiple income streams, TDS entries, and expense claims, filing taxes  can be complex. The government’s emphasis on digital compliance and updated tax rules under Budget 2025 has made online filing platforms indispensable. AI-powered platforms like TaxBuddy  simplify ITR filing for freelancers by

Income tax refunds arise when taxes paid exceed the actual tax liability after deductions and exemptions. Timely filing, accurate income reporting, and validated bank accounts are critical to ensure a smooth refund process. Both salaried employees and freelancers must carefully follow ITR rules and compliance requirements to avoid delays. Using verified platforms like TaxBuddy helps manage filing, e-verification, and refund tracking efficiently, minimizing errors and ensurin

Filing an Income Tax Return (ITR) for multiple sources of income—salary, freelance work, and investments—requires precise reporting and careful aggregation. Accurate declaration ensures compliance with the Income Tax Act, 1961, helps avoid notices or penalties, and enables proper calculation of tax liabilities. With the FY 2024-25 deadline set for September 15, 2025, taxpayers must ensure that all income sources are correctly captured, deductions are claimed appropriately, a

Freelancers and consultants in India must navigate unique challenges while filing Income Tax Returns (ITR) for FY 2024-25. Unlike salaried employees, their income is not subject to automatic TDS, making accurate reporting, expense tracking, and timely filing essential. Choosing the correct ITR form, maintaining supporting documents, providing bank account details, and understanding deductions under both the presumptive and regular taxation schemes are key to compliance and av

Freelancers in India earn income through professional services, multiple clients, or project-based work. Filing taxes correctly is...

Freelancers and consultants in India face unique tax challenges due to multiple income streams, varying expenses, and compliance...