Professional Accountant Services in India | Nainit Savla & Associates

Professional Accountant Services

Q: What is the last date for filing income tax returns in India?

31st July for non-audit cases and 31st October for audit cases, for the financial year ending 31st March. CBDT may extend these dates — verify annually.

Q: Do I need a CA to file my GST returns or can I file myself?

GST returns can be self-filed, but professional filing significantly reduces errors in ITC claims, HSN classification, and GSTR-2B reconciliation — preventing notices and penalties that cost far more than professional fees.

Q: What documents do you need to file my income tax return?

Salaried individuals need Form 16, bank statements, and investment proofs. Business owners need P&L, balance sheet, GST returns, and TDS certificates. All clients need PAN, Aadhaar, and prior year ITR.

Q: What is a tax audit and when is it applicable?

A Section 44AB tax audit is mandatory for businesses with turnover above ₹1 crore (or ₹10 crore with digital transactions) and professionals with receipts above ₹50 lakh. The CA issues Form 3CA/3CB and Form 3CD.

Q: Can you help us respond to an income tax or GST notice?

Yes. We review the notice, prepare a documented response, and file it within the prescribed timeline. We also represent clients before the Assessing Officer or GST authorities in assessment proceedings.

Managing your accounts and tax compliance should not be a burden that distracts you from running your business or profession. Our accountant services provide qualified, experienced CA and accounting support across income tax, GST, TDS, financial statements, and business advisory — giving you a trusted financial partner for the full spectrum of accounting and compliance needs.

Income Tax Return Filing

Preparation and filing of income tax returns for individuals, firms, LLPs, and companies — covering all ITR forms, capital gains computation, and deduction optimisation under the Income Tax Act.

GST Registration & Returns

GST registration, amendment, and cancellation; monthly and quarterly GSTR-1 and GSTR-3B filing; annual GSTR-9 and GSTR-9C; and ITC reconciliation with GSTR-2B.

TDS Compliance

Monthly TDS computation, challan payment, quarterly TDS return filing (Form 26Q, 24Q, 27Q), TDS certificate generation (Form 16, 16A), and lower deduction certificate applications.

Financial Statement Preparation

Preparation of annual financial statements — trading account, profit & loss account, and balance sheet — for individuals, partnership firms, LLPs, and private limited companies.

Accounting Advisory

Practical accounting and tax advisory — structuring transactions for tax efficiency, advising on allowable deductions, explaining compliance obligations, and planning for upcoming financial events.

Notices & Assessments

Handling of income tax notices, GST notices, and assessment proceedings — preparing and filing responses, attending hearings, and representing clients before tax authorities.

Who Can Benefit from Our Accountant Services?

Our accountant services are designed to serve a wide range of clients — from sole proprietors and professionals filing their first ITR to established companies managing multi-state GST compliance. The common thread is a need for reliable, expert accounting support delivered by qualified professionals who understand both the technical requirements and the practical realities of running a business in India.

Our services pair naturally with outsourced bookkeeping for a fully managed financial function, and with MIS reporting for businesses that need management-ready financial insights alongside their compliance work.

Clients We Typically Serve

Salaried individuals with income from salary, investments, and property
Freelancers, consultants, and self-employed professionals
Proprietorship businesses and small traders
Partnership firms and Limited Liability Partnerships (LLPs)
Private limited and public limited companies
HUFs (Hindu Undivided Families) with complex income structures
NRIs with income sources in India requiring ITR and FEMA compliance
Startups requiring clean, investor-ready financial records and tax compliance

Frequently Asked Questions

What is the last date for filing income tax returns in India?

For individuals and entities not subject to audit, the due date for filing the income tax return is 31st July of the assessment year (for the financial year ending 31st March). For entities subject to tax audit under Section 44AB — including businesses with turnover above ₹1 crore and professionals with receipts above ₹50 lakh — the due date is 31st October of the assessment year. These dates are subject to extension by the Central Board of Direct Taxes (CBDT) and should be verified each year.

Do I need a CA to file my GST returns or can I file myself?

GST returns can technically be filed by the business owner directly on the GST portal. However, professional filing by a qualified accountant significantly reduces the risk of errors in ITC claims, HSN classification, place of supply determination, and reconciliation with GSTR-2B. Errors in self-filed returns often lead to ITC disallowances, demand notices, and penalties that cost far more to resolve than the cost of professional filing. We recommend professional GST compliance support for all businesses with regular purchasing, multiple supplies, or any element of complexity.

What documents do you need to file my income tax return?

The documents required depend on your income sources. For salaried individuals: Form 16, bank statements, investment proofs for deductions (80C, 80D, home loan certificates), and capital gains statements if applicable. For business owners: profit & loss account, balance sheet, bank statements, GST returns, TDS certificates, and loan statements. For all clients: PAN, Aadhaar, and the previous year's ITR acknowledgement for reference. We provide a detailed document checklist specific to your profile at the start of every engagement.

What is a tax audit and when is it applicable?

A tax audit under Section 44AB of the Income Tax Act is a mandatory audit of books of accounts by a Chartered Accountant when a business's total sales, turnover, or gross receipts exceed ₹1 crore (or ₹10 crore if cash transactions are below 5% of total receipts under the extended digital threshold). For professionals, the audit threshold is ₹50 lakh of gross receipts. The tax auditor issues a report in Form 3CA/3CB and Form 3CD, which must be submitted before the due date for return filing.

Can you help us respond to an income tax or GST notice?

Yes. Receiving a tax notice — whether a scrutiny assessment notice, a demand notice, a high-value transaction notice, or a GST show cause notice — requires prompt, accurate, and well-documented responses. We review the notice, analyse the discrepancy or demand, prepare a detailed written response with supporting evidence, and file it within the prescribed timeline. For assessment proceedings, we represent clients before the Assessing Officer or GST authorities as required.

Your Trusted Accountant — For Tax, GST, and Beyond

Professional accountant services for individuals, businesses, and professionals across India — compliance, advisory, and representation under one roof.

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