Siddarth Agarwal & Co.Company Secretaries

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Taxation & accounting

GST and income tax returns, TDS, notices, accounting and payroll.

Frequently asked questions

When is GST registration compulsory?

In most States, once aggregate turnover exceeds ₹40 lakh for suppliers of goods only, or ₹20 lakh for suppliers of services. Lower limits apply in some States. Some businesses must register whatever their turnover, for example those making inter-State supplies of goods.

What is the QRMP scheme?

Taxpayers with aggregate turnover up to ₹5 crore can file GSTR-1 and GSTR-3B quarterly instead of monthly, while paying tax every month. Invoices for business customers can be uploaded monthly through the optional Invoice Furnishing Facility.

When are TDS payments and returns due?

Tax deducted must be deposited by the 7th of the following month (30 April for deductions made in March). Quarterly TDS returns are due by 31 July, 31 October, 31 January and 31 May.

What changed with the Income-tax Act, 2025?

The Income-tax Act, 2025 replaced the Income-tax Act, 1961 from 1 April 2026. It uses the term "tax year" and renumbers sections and forms. Many rules were carried over, but references to old section numbers in agreements and policies should be checked.

Can you work in our existing accounting software?

Yes. We work in Tally, Zoho Books and other common accounting software, so your records stay in the system your team already uses.

General information based on the law as on 23 October 2026. Not professional advice.

Have a question about your compliance?

Speak to us on WhatsApp or book a consultation. We usually reply the same working day.

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