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Limited scrutiny and full scrutiny income tax notices examine tax returns at different levels of depth, often triggered by mismatches, high-value transactions, or risk parameters detected by the system. Limited scrutiny focuses on one or two flagged issues, while full scrutiny reviews the entire financial profile, including income sources, deductions, assets, and bank activity. These notices are issued under Section 143(3) to verify accurate reporting and prevent evasion. Un

Clubbing provisions under Sections 60 to 64 of the Income Tax Act require income generated from assets transferred to a spouse, minor children, or certain family members without adequate consideration to be added back to the transferor’s taxable income. These rules prevent tax reduction through indirect family investments and often lead to mismatches in AIS, Form 26AS, or KYC-linked bank records. Notices under Sections 139(9), 143(1), and 142(1) commonly arise when clubbed in

Section 148A reshapes reassessment by introducing a mandatory inquiry and reply process before any notice under Section 148 can be issued. The framework ensures that reassessment occurs only when supported by credible information indicating income escapement. The Assessing Officer must evaluate facts, issue a show-cause notice, consider the taxpayer’s response, and obtain higher authority approval before proceeding. This procedure enhances transparency and protects taxpayers

GST return types determine how businesses report sales, purchases, tax liabilities, and input tax credit under India’s GST framework. Each taxpayer category—regular, composition, e-commerce, TDS deductor, and marketplace operator—is assigned specific forms such as GSTR-1, GSTR-3B, GSTR-4, and GSTR-9. The right filing frequency and accurate data reporting help maintain compliance and avoid penalties. TaxBuddy supports businesses by automating return preparation, integrating i

The QRMP scheme under GST allows eligible small businesses with a turnover up to ₹5 crores to file GSTR-3B quarterly while paying tax monthly, easing compliance without disrupting cash flow. Designed to reduce routine filing load, the scheme uses structured monthly payments through PMT-06 and optional IFF uploads to help buyers claim timely ITC. For many small businesses, QRMP becomes a practical way to stay compliant while focusing more on operations. Platforms such as TaxBu

Input Tax Credit forms the backbone of GST compliance, allowing businesses to offset taxes paid on purchases against their tax liability. The credit remains available only when strict conditions under Section 16 are met and all supplier invoices match government systems like GSTR-1, GSTR-2B, and the Invoice Management System. Frequent mismatches, late filings, or supplier non-compliance can block credits and increase tax outflow. With tighter restrictions introduced from 2025

E-commerce sellers face some of the most complex GST obligations in India, primarily due to platform-based transactions, automated TCS deductions, and strict reporting rules under GSTR-1 and GSTR-3B. Every sale, return, commission, and fee flows through digital records that must match the GST portal’s ledgers exactly, making reconciliation essential for avoiding mismatches and notices. Since e-commerce operators collect TCS under Section 52 and deposit it through GSTR-8, sell

GST compliance for online traders has become a non-negotiable obligation, especially for sellers operating on platforms like Amazon, Flipkart, and Meesho, where GST registration is mandatory irrespective of turnover. Marketplaces deduct TDS under Section 194-O and collect TCS under GST, which pushes traders to maintain accurate monthly filings and reconciliations. Rising enforcement, MFA rollout across the GST portal, and tighter scrutiny in 2025 make structured compliance e

Freelancers and consultants registered under GST must manage invoice reporting, tax payments, and input tax credit claims with precision to avoid notices and blocked credits. GSTR-1 and GSTR-3B form the backbone of monthly or quarterly compliance, while ITC reconciliation ensures accuracy across suppliers and expenses. The rules apply whether services are offered within India or to overseas clients, and even voluntary registrants face the same filing obligations. TaxBuddy p

A GST return is a mandatory electronic statement used to report sales, purchases, output tax, and input tax credit under India’s Goods and Services Tax system. Small businesses must file these returns accurately and on time to avoid penalties and maintain smooth compliance. Each return type serves a specific purpose, from outward supplies to monthly summaries, making GST filing a detailed process for business owners. With frequent updates in GST rules and reconciliation chall