Reads your live ERP profile — entity type, turnover, GST registration, headcount, vendor
MSME status, capital assets — against the current-FY statute, and surfaces proactive,
time-bound savings and compliance actions. Every card shows a with-vs-without ₹ comparison,
the cited provision with source, and a CA-approval gate before any action is taken.
No recommendation is applied automatically.
Cited provision: Income-tax Act 1961, §43B(h) — inserted by Finance Act 2023, effective AY 2024-25 onward.
Deduction for amounts payable to MSME suppliers allowed only in year of actual payment if not paid within 45 days (15 days without written agreement).
· Source: indiafilings.com/learn/section-43bh
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AI-generated guidance based on Income-tax Act 1961 §43B(h). tapestree does not provide tax advice — confirm interpretation and action with your Chartered Accountant or licensed advisor before acting.
Pending CA approval · sent to ca@aanya.co
Advance tax — first instalment due in 25 days (15 Jun)
Miss 15 Jun instalment (15% of estimated annual liability)
− ₹ 38,000
Interest under §234C @ 1%/month on shortfall for 3 months; §234B if total advance <90%
With action by 15 Jun
Pay ₹3,75,000 (15% of ₹25L estimated annual tax)
+ ₹ 38,000
No §234C interest this quarter · full deduction preserved
Cited provision: Income-tax Act 1961, §§234B & 234C — interest at 1% per month or part thereof on shortfall of advance tax instalments.
Four instalments: 15 Jun (15%), 15 Sep (45%), 15 Dec (75%), 15 Mar (100%). Presumptive taxpayers (§44AD): single instalment by 15 Mar.
· Source: cleartax.in/s/advance-tax-234b-234c
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AI-generated guidance based on Income-tax Act 1961 §§234B & 234C. tapestree does not provide tax advice — confirm estimated liability and instalment with your CA before payment.
32 fewer filings · CA fee saving · no interest if challan paid on time
Cited provision: CGST Rule 61A, Notification 84/2020-CT & 89/2020-CT — Quarterly Return Monthly Payment (QRMP) scheme for taxpayers with aggregate turnover ≤ ₹5 Cr in previous FY.
Opt-in window for Q2 (Jul–Sep 2026): 1–31 Jul 2026 via GST portal. Monthly PMT-06 challan due by 25th of months 1 & 2 of each quarter.
· Source: bajajfinserv.in/qrmp-scheme
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AI-generated guidance based on CGST Rule 61A and Notification 84/2020-CT. tapestree does not provide tax advice — confirm eligibility and opt-in with your GST practitioner before acting.
Not yet sent · review pending
New vs old income tax regime — 4 employees can switch and save
People · PayrollBefore Jul runRecommendedIncome-tax Act 1961 §115BAC · §80CCD(2)
Without switching (old regime)
4 employees remain on old regime with suboptimal HRA + low NPS
₹ 73,600/yr
Excess TDS deducted from salary · employees bear higher net tax
With new regime + 14% NPS
Standard deduction ₹75k + employer NPS 80CCD(2) 14% of basic
+ ₹ 18,400/emp/yr
₹73,600 aggregate saving across 4 employees · 80CCD(2) valid in new regime
Cited provision: Income-tax Act 1961, §115BAC (new tax regime, default from AY 2024-25); §80CCD(2) — employer NPS contribution up to 14% of Basic+DA deductible under new regime.
Standard deduction ₹75,000 in new regime from FY 2025-26 (enhanced). Employee regime choice via Form 12BB declaration before first payroll run of FY.
· Source: caclubindia.com/articles/salary-structuring
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AI-generated guidance based on Income-tax Act 1961 §115BAC and §80CCD(2). tapestree does not provide tax advice — individual employee circumstances vary; confirm with your CA before updating TDS computation.
Sent to ca@aanya.co · awaiting approval
LUT not filed — ₹18L IGST blocked on export working capital
Pay IGST @ 18% on every export invoice upfront; claim refund after filing
₹ 18,00,000
Working capital locked for 4–6 weeks per refund cycle; processing risk
With LUT filed (free)
Zero-rated export supply without upfront IGST payment; file RFD-11 on GST portal
+ ₹ 18,00,000
₹18L working capital freed on ₹1.5Cr export turnover · no refund lag
Cited provision: IGST Act 2017, §16(3)(a) — zero-rated supply without payment of IGST under bond or Letter of Undertaking (LUT); CGST Rule 96A — LUT procedure, filing via RFD-11 on GST portal before first zero-rated supply of each FY.
LUT valid for full FY once accepted; no bond/bank guarantee required for eligible exporters with clean compliance record.
· Source: registerkaro.in/post/gst-compliance-calendar
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AI-generated guidance based on IGST Act 2017 §16(3)(a) and CGST Rule 96A. tapestree does not provide tax advice — confirm LUT eligibility and filing procedure with your GST practitioner before the first export invoice.
Not yet sent · review pending
Presumptive taxation §44AD — you may qualify; audit obligation drops
Declare 6% deemed income on digital receipts (≤₹3Cr limit); no §44AB audit
+ ₹ 90,000
Audit fee eliminated · advance tax simplified to single 15 Mar payment
Cited provision: Income-tax Act 1961, §44AD — presumptive taxation for eligible businesses; turnover ≤ ₹3 Cr (FY 2026-27) with ≥ 95% digital receipts; 6% deemed income on digital turnover (8% on cash).
Resident individuals, HUFs, and firms (not LLPs) eligible. Electing §44AD also avoids §44AB tax audit obligation. Single advance tax instalment by 15 Mar.
· Source: tax2win.in/guide/section-44ad-44ada-44ae
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AI-generated guidance based on Income-tax Act 1961 §44AD. tapestree does not provide tax advice — eligibility depends on entity type and prior-year elections; confirm with your CA before filing.
Not yet sent · review pending
RCM ITC not being claimed on GTA freight — ₹72k/quarter leaking
GTA freight ₹4L/quarter from unregistered providers — GST paid under RCM but ITC not claimed in GSTR-3B
− ₹ 72,000/qtr
ITC permanently lost if not claimed in same return period · ₹2.88L/year
With RCM ITC in GSTR-3B
Pay GST @ 5% on GTA freight under RCM; claim same-return ITC in Table 4B
+ ₹ 72,000/qtr
Net GST cost = nil on qualifying freight · ₹2.88L/year preserved
Cited provision: CGST Act 2017, §9(3) — reverse charge on notified services; Notification 13/2017-CT(Rate) — GTA services from unregistered GTA to registered recipient attract 5% GST under RCM.
ITC claimable in same GSTR-3B return under Table 4B (RCM credit), provided used for taxable outward supply. Turnover threshold >₹20L (GST registration mandatory).
· Source: cleartax.in/s/reverse-charge-mechanism-rcm
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AI-generated guidance based on CGST Act 2017 §9(3) and Notification 13/2017-CT(Rate). tapestree does not provide tax advice — confirm GTA classification and RCM applicability with your GST practitioner before filing.
Not yet sent · review pending
PoSH: No ICC on record — ₹50k penalty risk + licence exposure
Headcount 47 · ICC not constituted · annual report to District Officer not filed
₹ 50,000
Fine up to ₹50k on first offence; repeat = doubled fine + licence cancellation risk (§26)
With ICC + annual report
Constitute ICC (≥4 members incl. external member); file annual report by 31 Jan
+ ₹ 50,000
Penalty avoided · licence protected · POSH policy published to all employees
Cited provision: Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013 (PoSH Act), §4 — every employer with ≥10 employees must constitute an Internal Complaints Committee (ICC); §21 — ICC must submit annual report to the employer and District Officer.
Annual report due 31 January each year. Non-compliance: §26 — fine up to ₹50,000; second conviction: doubled + licence cancellation.
· Source: companify.in/Blog/129/new-financial-year-2026-27-compliance-checklist
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AI-generated guidance based on PoSH Act 2013 §§4 & 21. tapestree does not provide legal advice — confirm ICC constitution requirements and annual report procedure with your legal counsel or HR compliance advisor.
Money · Compliance31 Dec 2026PlanningCGST Act §44 · §47
Without early filing
GSTR-9 delayed past 31 Dec · late fee accumulates from day 1 of default
₹ 36,000
₹200/day (₹100 CGST + ₹100 SGST) × 180 days potential exposure; GSTR-9C if turnover >₹5Cr
File by 31 Dec · start now
Begin GSTR-9 reconciliation today · 194 days to deadline · no late fee
+ ₹ 36,000
Penalty avoided · ITC differences reconciled early · clean 26AS + GSTR-2B match
Cited provision: CGST Act 2017, §44 — annual return GSTR-9 mandatory for taxpayers with turnover > ₹2 Cr; GSTR-9C (reconciliation statement, self-certified) for turnover > ₹5 Cr; §47(2) — late fee ₹100/day per act (CGST + SGST) capped at 0.25% of turnover.
Due date: 31 December of the year following the FY (GSTR-9 for FY 2026-27 due 31 Dec 2027; this alert is for FY 2025-26 GSTR-9 due 31 Dec 2026).
· Source: registerkaro.in/post/gst-compliance-calendar
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AI-generated guidance based on CGST Act 2017 §44 and §47. tapestree does not provide tax advice — confirm turnover thresholds, GSTR-9C applicability, and reconciliation gaps with your GST practitioner.
Not yet sent · 194 days to deadline
All recommendations are AI-generated, grounded in the FY 2026-27 provision knowledge base (Income-tax Act 1961; GST rules as notified through June 2026; Companies Act 2013 with amendments current to Jan 2026).
The knowledge base is maintained by the tapestree India statutory team and is not auto-scraped from the web.
No recommendation is applied automatically — every action requires explicit CA or owner approval.
Provision citations are displayed as received from the knowledge base; consult your Chartered Accountant before acting.
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