Searching for an income tax consultant near me in Pune often happens during filing deadlines or after receiving tax notices, but proactive taxpayers choose year-round advisory support. Businesses and individuals looking for the Best CA in Pune need more than basic ITR filing — they require structured income tax advisory services, compliance monitoring, and strategic tax planning. Compliance Craft Advisors Private Limited provides expert ITR filing, notice handling, tax optimization, GST advisory, and integrated compliance solutions. As experienced tax and compliance experts, the firm helps reduce penalties, improve documentation, and ensure legal tax efficiency, offering long-term financial security and stress-free income tax compliance in Pune.

Outsourcing accounting and compliance helps businesses reduce costs, improve accuracy, and stay compliant in an increasingly complex regulatory environment. By delegating accounting, taxation, GST, TDS, and statutory compliances to experts, businesses gain access to qualified professionals, timely filings, and reduced compliance risk. Accounting and compliance outsourcing allows startups, SMEs, and growing companies to focus on core business activities while maintaining audit-ready records and financial clarity. It offers scalability, flexibility, and expert advisory support without the burden of in-house teams. Partnering with a Top CA in Pune ensures reliable compliance management, better financial control, and confident business growth.

The Startup Compliance Checklist 2026 is a practical guide to help Indian startups meet their legal, tax, and regulatory obligations with confidence. From business incorporation and ROC filings to GST, income tax, TDS, and labour law compliances, this guide covers all essential requirements startups must follow in 2026. It also explains entity-wise compliance differences, penalties for non-compliance, and best practices for efficient compliance management. Backed by expert insights from a Top CA in Pune, this checklist helps founders stay compliant, reduce risks, and focus on scaling their business sustainably.

MSME registration, now called Udyam Registration, is an essential compliance step for small and medium businesses in India. It helps enterprises gain official recognition and access government benefits such as collateral-free loans, subsidies, and priority lending. The Udyam registration process is fully online, paperless, and quick, requiring minimal documents like Aadhaar and PAN. Although not mandatory, MSME registration is highly recommended for long-term business growth and legal protection. With evolving regulatory requirements, professional guidance ensures accurate registration and ongoing compliance. Consulting a Top CA in Pune helps businesses complete Udyam registration correctly while staying fully compliant with government regulations.

Tax planning for salaried employees in 2025 goes beyond saving tax—it focuses on long-term financial security and full compliance with income tax laws. With choices between the old and new tax regimes, smart planning helps reduce taxable income, build wealth, and avoid last-minute mistakes. Investments like ELSS, PPF, EPF, NPS, health insurance, and home loans remain key under the old regime, while the new regime offers limited deductions. Early planning, diversification, and expert guidance are essential. Consulting the Best CA in Pune ensures optimized tax savings, correct regime selection, and complete legal and financial compliance.

Choosing between the old and new tax regime is a critical decision that directly impacts your tax savings. This blog clearly explains the differences in tax slabs, deductions, exemptions, and eligibility under both regimes, helping taxpayers make an informed choice. It highlights who should opt for each regime, rules for salaried and self-employed individuals, and how switching works. With practical guidance and FAQs, the article ensures clarity and compliance. For accurate tax calculation and expert regime selection, consulting a Top CA in Pune like Compliance Craft Advisors Private Limited can help you minimize tax liability and file returns confidently.

Filing Income Tax Returns (ITR) can be confusing, and many taxpayers make avoidable mistakes. Common errors include selecting the wrong ITR form, not reporting all sources of income such as interest or freelance earnings, and mismatching income details with Form 26AS or AIS. Claiming incorrect deductions or exemptions, especially under Sections 80C and 80D, is another frequent mistake. Many people also forget to verify their ITR after filing, which makes the return invalid. Missing the due date can lead to penalties and interest. Careful review and timely filing help ensure error-free compliance.

E-Invoicing under GST is a system where B2B invoices are electronically authenticated by the Invoice Registration Portal (IRP) before being issued to customers. As of 2025, it is applicable to GST-registered businesses with an annual turnover of ₹5 crore or more (subject to government updates). Under this system, invoices must follow a prescribed format and include mandatory details such as GSTIN, invoice number, and HSN codes. Once validated, the IRP generates an Invoice Reference Number (IRN) and QR code. E-invoicing helps reduce tax evasion, ensures real-time reporting, and simplifies GST return filing and e-way bill generation.

Input Tax Credit (ITC) can be claimed by registered taxpayers by ensuring valid tax invoices, actual receipt of goods or services, and timely filing of GSTR-1 and GSTR-3B. Common errors include mismatch between GSTR-1 and GSTR-2B, claiming ITC on blocked credits, incorrect GSTIN details, and delayed return filing. Practical solutions involve regular reconciliation of purchase data with GSTR-2B, verifying supplier compliance, correcting invoice details promptly, and maintaining proper documentation. Consistent monthly checks and timely corrections help avoid ITC denial, notices, and interest or penalty liabilities under GST law.

Small businesses often make common GST filing mistakes that can lead to notices, penalties, or compliance issues. Key mistakes include incorrect or mismatched invoice details, missing ITC claims, or claiming ineligible ITC without proper documentation. Many businesses also forget to file NIL returns, delay monthly or quarterly filings, or use wrong HSN/SAC codes. Not reconciling GSTR-2B with purchase records and failing to maintain accurate books further cause discrepancies. Businesses should regularly update records, verify invoices, reconcile data, and file returns on time to ensure smooth GST compliance and avoid unnecessary financial or legal complications.

A GST refund is the process of reclaiming excess tax paid under India’s Goods and Services Tax (GST) system. Businesses can apply for refunds in cases like exports, inverted duty structures, supplies to SEZ units, excess tax payment, or balance in the electronic cash ledger. Filing refunds ensures smooth cash flow and compliance. Taxpayers must file Form GST RFD-01 online within two years from the relevant date. In 2025, GST introduced an invoice-based refund system for better transparency and accuracy, requiring all due returns to be filed before submitting the refund claim.

A Capital Asset refers to any significant property owned by an individual or business for investment or personal use, such as land, buildings, stocks, bonds, or machinery. These assets are not meant for regular trading but for generating long-term value. Capital assets are categorized into two types: short-term (held for less than 36 months) and long-term (held for more than 36 months). When these assets are sold, the profit earned is called a capital gain, which is taxable under the Income Tax Act. The tax rate depends on whether the gain is short-term or long-term, with specific exemptions available.

E-Invoicing and E-Way Bill under GST ensure compliance, transparency, and traceability in business transactions and goods movement. E-invoicing is mandatory for businesses with turnover above ₹5 crore, requiring invoices to be authenticated through the Invoice Registration Portal (IRP), which generates an IRN and QR code. Exemptions include SEZ units, banks, NBFCs, and transport services. E-invoices must be cancelled within 24 hours, else rectified via credit/debit notes. Similarly, E-Way Bills are required for transporting goods valued over ₹50,000, capturing consignment and transport details. Non-compliance leads to penalties, ITC denial, and detention of goods, making timely compliance critical.

Entities can be broadly categorized into different types based on their nature and context. In business, entities include sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and cooperatives, each with unique legal and tax implications. In databases, entities represent objects or concepts that data is stored about, such as customers, products, or transactions. In linguistics and natural language processing (NLP), entities are classified as named entities like people, organizations, locations, dates, and numerical values. From a legal perspective, entities can be natural persons (individuals) or artificial/juridical persons (companies or institutions). Each type serves specific purposes within its domain.