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Trusted by 10,000+ entrepreneurs across India

Our Services

Taxation Services

Stay tax-compliant, minimise liability, and file on time — every time.

3–5 Days

GST Registration

₹0

Penalty with Timely Filing

100%

Accuracy Guaranteed

Free

Tax Consultation

What is Taxation Services?

Taxation is the backbone of every business's financial compliance in India. With the Goods and Services Tax (GST) unifying indirect taxation, the income tax system governing profits, TDS governing payments, and a host of other compliances — staying on top of tax obligations requires expertise, accuracy, and timely action.

Non-compliance is expensive. GST late fees start at ₹50 per day per return and can reach ₹10,000 per return. Income tax penalties can be 50%–200% of the tax evaded. TDS defaults attract interest at 1%–1.5% per month plus penalties. Beyond the financial cost, tax defaults can lead to notices, assessments, raids, and prosecution in severe cases.

Equally important is tax planning — legally structuring your business affairs to minimise tax liability. Choosing the right business structure, timing of income and expenses, utilising available deductions and exemptions under the Income Tax Act, and optimising GST input tax credit chains can save businesses lakhs of rupees every year.

Our team of experienced Chartered Accountants and tax professionals handles everything from GST registration and monthly/quarterly return filing to income tax return preparation, TDS computation and deposit, advance tax planning, and representation before tax authorities. We use technology to automate data collection and reconciliation, reducing errors and ensuring every filing is accurate and timely.

Whether you are a salaried individual filing your first ITR, a freelancer with complex income sources, a small business navigating GST for the first time, or a large enterprise managing complex tax structures — we have a service package tailored to your needs.

Services Under Taxation Services

Explore everything we offer under this category — each service handled by dedicated experts.

G

GST Registration

GST registration is mandatory for businesses with annual turnover exceeding ₹40 lakhs (₹20 lakhs for service providers, ₹10 lakhs for special category states), for inter-state suppliers regardless of turnover, for e-commerce operators, and for businesses making taxable supplies. Voluntary registration is also available for businesses below the threshold. We handle the entire registration process — filing REG-01, uploading documents, responding to queries, and obtaining your GSTIN within 3–5 working days.

Best for: All businesses meeting the turnover threshold, inter-state sellers, e-commerce sellers, importers, exporters, and businesses wanting input tax credit benefits.
G

GST Return Filing

Registered GST taxpayers must file returns monthly, quarterly, or annually depending on their category. Regular taxpayers file GSTR-1 (outward supplies) and GSTR-3B (summary return with tax payment). QRMP scheme taxpayers file quarterly. Composition dealers file CMP-08 quarterly and GSTR-4 annually. Annual return GSTR-9 is filed by all regular taxpayers. We collect your sales and purchase data, reconcile it, compute tax liability, claim eligible input tax credit, and file all returns accurately and on time.

Best for: All GST-registered businesses — from small traders to large companies.
I

Income Tax Return (ITR) Filing

Every individual with income above the basic exemption limit and every company, LLP, and partnership firm must file an Income Tax Return annually. The correct ITR form depends on the nature and quantum of income. We analyse your income sources (salary, business, capital gains, property, other sources), compute taxable income after all eligible deductions (80C, 80D, HRA, standard deduction), calculate tax liability, advise on advance tax, and file the return with the correct form. We also handle scrutiny notices, refund follow-ups, and rectification requests.

Best for: Individuals, salaried employees, business owners, freelancers, NRIs, companies, LLPs, and trusts.
T

TDS / TCS Compliance

Tax Deducted at Source (TDS) is a mechanism where the payer deducts tax at specified rates before making payments for salary, interest, professional fees, rent, contractor payments, and other specified transactions. Every person responsible for deducting TDS must obtain a TAN, deduct TDS at correct rates, deposit it by the 7th of the following month, and file quarterly TDS returns (Form 24Q, 26Q, 27Q). We compute TDS liability for each payment, ensure timely deposit, file quarterly returns, and issue Form 16 / 16A to deductees.

Best for: All businesses making payments that attract TDS — salary employers, companies paying rent, professional fees, or contractor charges above threshold limits.
T

Tax Planning & Advisory

Strategic tax planning can significantly reduce your overall tax burden within the framework of the law. We analyse your business structure, income streams, investments, and expenditure patterns to identify opportunities for tax saving — including choice of business entity, optimal salary structuring for directors, timing of capital expenditure for depreciation benefits, utilisation of set-off and carry-forward of losses, tax-efficient investment strategies, and international tax planning for businesses with cross-border transactions.

Best for: Business owners, HNIs, professionals, companies considering restructuring, and anyone looking to legally minimise their tax outgo.
G

GST Reconciliation & Audit

GST reconciliation involves matching GSTR-2B (auto-populated input tax credit) with purchase records to ensure all eligible ITC is claimed and no ineligible credit is availed. Mismatches can trigger notices from the GST department. GST audit (GSTR-9C) is mandatory for businesses with turnover above ₹5 crores and involves reconciling annual returns with audited financial statements. We perform systematic reconciliation, identify and resolve mismatches, and prepare the reconciliation statement.

Best for: Businesses with complex supply chains, large volumes of purchases, or turnover above ₹5 crores requiring GSTR-9C certification.

How It Works

Our step-by-step process ensures a smooth, transparent experience from start to finish.

01

Initial Assessment

We understand your business type, turnover, nature of transactions, and existing compliance status. This helps us identify all applicable taxes, returns, and deadlines — and spot any compliance gaps that need to be addressed immediately.

02

Registration & Setup

We obtain required registrations (GSTIN, TAN) if not already in place, set up accounting processes to capture tax-relevant data correctly, and create a compliance calendar with all filing due dates.

03

Monthly Data Collection

Each month (or quarter), you share your sales data, purchase invoices, and payment details via our secure portal or directly from your accounting software. We extract the required data and begin computation.

04

Computation & Review

Our team computes tax liability, reconciles input tax credit, checks for errors, and prepares a summary for your review. We flag any discrepancies and resolve them before filing.

05

Filing & Payment

We file all returns before due dates and advise on tax payable amounts. You authorise the payment, which is made via the government portal. We share filing acknowledgements as proof of compliance.

06

Notices & Representation

If you receive any notice from GST or Income Tax authorities, our team reviews it, prepares a response, and represents you in proceedings. Most routine notices are resolved without any personal appearance required.

Documents Required

  • PAN card of the business / individual
  • GST registration certificate (for return filing clients)
  • Bank statements for the relevant period
  • Sales invoices / invoice summary
  • Purchase invoices
  • Expense vouchers and bills
  • Previous year tax returns (for new clients)
  • Form 16 / Form 16A (for ITR filing of salaried individuals)
  • Investment proofs (for deductions — 80C, 80D, HRA, etc.)
  • Profit & Loss account and Balance Sheet (for business ITR)

Timeline & Turnaround

GST Registration3–5 working days
Monthly GST Return FilingBefore the 11th/20th of following month
ITR Filing (Individual)2–5 working days after data received
ITR Filing (Company/LLP)5–7 working days after data received
TDS Return FilingBefore the 31st of the month following quarter end

Why Choose MeraFinanceWala

Zero Penalty Guarantee

We file all returns before due dates, ensuring you never pay late fees or interest.

Maximum ITC Claims

We reconcile every purchase to ensure you claim all eligible input tax credit.

Proactive Email Updates

Our experts notify you by email before every due date — filings, dues, and deadlines, always on your radar.

Notice Handling Included

All routine tax notices are handled by our team at no extra charge.

Dedicated Tax Advisor

A dedicated CA for your account who knows your business inside-out.

Proactive Tax Saving

We flag tax-saving opportunities throughout the year, not just at year-end.

Ready to Get Started?

Book a free consultation — our expert will call you within 24 hours.

Frequently Asked Questions

Is GST registration mandatory if my turnover is below ₹40 lakhs?
If your annual aggregate turnover is below ₹40 lakhs (₹20 lakhs for service providers), GST registration is generally not mandatory. However, you must register regardless of turnover if you make inter-state taxable supplies, sell through e-commerce platforms, are liable to pay tax under reverse charge mechanism, or are a casual taxable person. Voluntary registration is also beneficial if your customers are businesses (B2B) as it allows them to claim input tax credit on purchases from you.
What is the composition scheme under GST?
The composition scheme is a simplified GST compliance option for small businesses with annual turnover up to ₹1.5 crores (₹75 lakhs for special category states). Composition dealers pay tax at a flat rate (1% for traders, 5% for restaurants, 6% for service providers) on turnover instead of the standard rates, file returns quarterly instead of monthly, but cannot collect GST from customers or claim input tax credit. It significantly reduces compliance burden for eligible small businesses.
What is the due date for filing income tax returns?
For individuals and HUFs not requiring audit, the ITR due date is July 31st of the assessment year. For businesses requiring audit (turnover above ₹1 crore for businesses, ₹50 lakhs for professionals under presumptive taxation), the due date is October 31st. For companies and LLPs, it is also October 31st. Belated returns can be filed up to December 31st with a late fee of ₹1,000–₹5,000. Note: due dates may be extended by the government from time to time.
What is TDS and who needs to deduct it?
TDS (Tax Deducted at Source) is a system where the payer deducts a specified percentage of tax at the time of making certain payments and remits it to the government on behalf of the payee. Any individual or entity making payments above specified thresholds for salary, contractor payments, professional fees, rent, interest, etc. is responsible for TDS deduction. Individuals and HUFs not subject to tax audit are exempt from TDS on non-salary payments except on rent above ₹50,000 per month.
Can I claim a refund if excess TDS is deducted from my payments?
Yes. If TDS deducted on your income exceeds your actual tax liability, you can claim the excess as a refund while filing your Income Tax Return. The refund is processed by the Income Tax Department directly to your bank account. Typically, refunds are processed within 2–6 weeks of filing, though it can take longer in some cases. Ensuring your bank account is pre-validated on the IT portal speeds up the process.
What is the penalty for not registering under GST despite being eligible?
If a business that is required to register under GST fails to do so, the GST officer can levy a penalty of 10% of the tax due, subject to a minimum of ₹10,000. In cases of deliberate evasion, the penalty can be 100% of the tax due. Additionally, you cannot collect GST from customers without registration, meaning you absorb the tax cost yourself. Retroactive registration is possible but may attract back-tax demands.
What is advance tax and when should I pay it?
Advance tax is income tax paid in instalments during the financial year itself rather than as a lump sum at year end. It is applicable if your estimated tax liability for the year exceeds ₹10,000. Advance tax is paid in four instalments: 15% by June 15, 45% by September 15, 75% by December 15, and 100% by March 15. Failure to pay advance tax or underpayment attracts interest under Section 234B and 234C. Freelancers, business owners, and investors with significant capital gains must be especially careful about advance tax.
How long should I keep my tax records?
Under the Income Tax Act, you should generally retain records for at least 6 years from the end of the relevant assessment year. However, if there is a pending litigation or scrutiny proceeding, records must be kept until resolution. For GST, records must be maintained for 72 months (6 years) from the due date of filing the annual return. Digital storage of records is accepted and recommended for ease of retrieval during assessments.

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