Your Trusted Business Partner
Your Trusted Business Partner
1. ITR‑2 & ITR‑3 Utilities Still Pending As of June 2025, the Income Tax Department has only released ITR‑1 and ITR‑4 Excel/online filing utilities.ITR‑2 and ITR‑3—used by: Salaried individuals with capital gains Individuals with multiple properties or foreign assets (ITR‑2) Professionals and business owners (ITR‑3) These forms are still unavailable, causing delays for taxpayers who […]
🚨 Income Tax Filing Update – AY 2025–26 Read More »
Introduction Running a small business comes with many challenges — managing finances shouldn’t be one of them. Bookkeeping is the backbone of every successful business. Without accurate records, even the best businesses can face financial confusion, tax problems, and missed growth opportunities. At Hemant Consulting, we provide professional bookkeeping services that help small businesses stay
Benefits of Professional Bookkeeping for Small Businesses Read More »
📋 Overview The GSTN has issued an urgent advisory regarding the GSTR‑1 return for the May 2025 tax period (due June 11, 2025).Effective immediately, Table 12 mandates B2B HSN code entries, while B2C entries remain optional. 🔍 The Issue Businesses dealing only in B2C sales (i.e., to end consumers) are facing issues while filing GSTR‑1.
Attention B2C GST Filers: GSTN Advisory on GSTR‑1 Filing Glitch (June 2025) Read More »
What is GST Registration? Goods and Services Tax (GST) is a unified indirect tax system introduced in India in 2017. Any business whose aggregate turnover exceeds the threshold limit (₹40 lakhs for goods, ₹20 lakhs for services in most states) is mandated to register under GST. Even those below the threshold can voluntarily register for
GST Registration Process in India – Step-by-Step Guide | Hemant Consulting Read More »