Frequently Asked Questions

For most individual taxpayers and Hindu Undivided Families (HUFs), the due date for filing the Income Tax Return is 31st July of the assessment year. For businesses that require a tax audit, the extended deadline is typically 31st October. However, these dates can change based on government notifications. We recommend starting early to avoid last-minute complications and to ensure accuracy. At S. Baheti & Associates, we send timely reminders well before the deadlines so that you never miss a filing date.

GST registration is mandatory for businesses with an aggregate annual turnover exceeding ₹20 lakhs (₹10 lakhs in special category states). Additionally, registration is compulsory if you're involved in inter-state supply of goods or services, if you're an e-commerce operator or seller, or if you're required to pay tax under the reverse charge mechanism. Even if your turnover is below the threshold, voluntary registration can be beneficial for claiming input tax credit and building business credibility. Our team can evaluate whether GST registration makes strategic sense for your business.

A tax audit under Section 44AB of the Income Tax Act is an examination of your financial records by a practising Chartered Accountant. It is mandatory if your business turnover exceeds ₹1 crore (or ₹10 crore in certain cases involving digital transactions) or if your professional receipts exceed ₹50 lakhs. The purpose is to verify the accuracy of reported income, deductions, and tax computations. Beyond compliance, a tax audit also provides valuable insights into your financial health and helps identify areas for improvement. Our team ensures a smooth, stress-free audit process.

Absolutely. Receiving a notice from the Income Tax Department can be stressful, but most notices are routine and can be resolved with the right response. We assist clients with all types of notices — including demand notices under Section 143(1), scrutiny under Section 143(3), and rectification requests under Section 154. Our process involves a careful analysis of the notice, review of your filed return and supporting documents, preparation of an appropriate response, and representation before tax authorities if required. We handle the process end-to-end so that you can focus on your business with peace of mind.

The documents required depend on the type of entity being registered. For a Private Limited Company, you'll typically need: PAN card and identity proof of all directors, address proof of directors, passport-size photographs, proof of registered office (rent agreement or property documents, utility bill), Digital Signature Certificates (DSC) for the directors, and Director Identification Numbers (DIN). For other structures like LLP, partnership firms, or OPCs, the requirements vary slightly. Our team guides you through the entire documentation and filing process, ensuring quick and hassle-free registration.

While there's no legal mandate to hire a CA from day one, it is highly advisable. Many startups make early mistakes — choosing the wrong business structure, missing initial compliance deadlines, or not setting up proper accounting systems — that become expensive to fix later. Having a CA involved from the start ensures that your financial foundation is solid, your books are maintained correctly, tax registrations are obtained on time, and compliance obligations are met from the very beginning. At S. Baheti & Associates, we offer startup-friendly engagement models that provide essential support without straining an early-stage budget.

Yes, we regularly assist Non-Resident Indians (NRIs) with their Indian tax obligations. NRIs who earn income in India — whether from rental properties, capital gains, interest income, or business income — are required to file income tax returns in India. We handle the complexities of NRI taxation, including determination of residential status, application of DTAA (Double Tax Avoidance Agreement) provisions, repatriation of funds, TDS refunds, and compliance with FEMA regulations. We work remotely via secure communication channels, making it convenient for NRIs based anywhere in the world.

Absolutely. Many of our clients — particularly small businesses, freelancers, and startups — choose to outsource their bookkeeping entirely to us. Our bookkeeping services include recording day-to-day transactions, bank reconciliation, vendor and customer ledger management, payroll processing, and preparation of monthly/quarterly financial statements. We use modern, cloud-based accounting tools that give you real-time visibility into your finances while our team handles the heavy lifting. Outsourcing bookkeeping saves you the cost of an in-house accountant and ensures your records are maintained by qualified professionals.

Getting started is simple. You can book a free consultation through our website, call us at +91 89567 60409, or email us at info@sbaheti.com. During the initial consultation, we'll understand your requirements, explain our service options and fee structure, and recommend the best approach for your specific situation. There's no obligation — the consultation is completely free and confidential.

We believe in complete transparency in our fee structure. Fees vary based on the complexity and scope of the engagement — for instance, filing a simple salaried individual's ITR will cost differently from managing the complete accounting and audit of a growing business. We discuss fees upfront during the initial consultation and provide a detailed engagement letter before any work begins. There are no hidden charges or surprise bills. For ongoing engagements like bookkeeping or GST compliance, we offer convenient monthly or quarterly billing arrangements.

Yes, we serve clients across India and even internationally. Most of our services — including income tax filing, GST compliance, company registration, and bookkeeping — can be handled entirely remotely using secure digital communication. We use cloud-based tools for document sharing, video consultations for discussions, and digital signatures for authorisations. Our NRI clients and businesses across different cities benefit from the same personalised attention as every client we serve.