✦ANNUAL COMPLIANCE & REPORTING
Annual Filing in Gurgaon
Income tax, GST, Registrar and TDS filings prepared from one set of books by one team, so the four returns describing your year actually agree with each other.
Gupta Varundeep & Co. (GVC Audit) is a Chartered Accountant firm in Gurgaon running the complete annual cycle: closing the books, statutory and tax audit, the income tax return, the GST annual return and reconciliation statement, Registrar filings for companies and LLPs, and quarterly TDS returns. Every engagement includes a documented reconciliation between GST turnover, reported turnover and filed accounts, because that comparison is where scrutiny begins.
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The due dates for assessment year 2026-27 were differentiated by taxpayer category. Salaried and simple returns fell due on 31 July. Non audit business and professional returns, filed on ITR-3 and ITR-4, have until 31 August. A great many small businesses in Gurgaon still believe both dates are the same, and a smaller number have assumed the later date applies to them when it does not.
Filing each return is the easy part. Making them agree with each other is the job.
Your GST returns, your income tax return, your filed financial statements and your TDS returns all describe the same twelve months. They are read by systems that compare them automatically. Most businesses file four accurate returns that quietly contradict each other, and find out eighteen months later.
Getting each return filed on time
Four separate authorities, four separate calendars, and a set of deadlines that runs from June through to December. Necessary, entirely routine, and not where the risk actually sits.
- Income tax return, with tax audit where the threshold applies
- GST annual return and the reconciliation statement above the threshold
- Annual filings with the Registrar for companies and LLPs
- Quarterly TDS returns and the certificates that follow them
Making the four returns tell one story
Turnover in the GST annual return against turnover in the income tax return against turnover in the audited accounts. Credits claimed against credits reflected. Receipts against the information the department already holds about you.
- GST turnover reconciled to the books and to the income tax return
- Input tax credit reconciled to the auto generated statement
- Receipts reconciled to the annual information statement and form 26AS
- Filed financial statements agreeing with the return that reports them
Four authorities, four calendars, one business
Which of these apply to you depends on what you are and what you earn. What does not vary is that each one is read against the others.
Income tax
The return itself, and a tax audit report first where turnover or receipts cross the threshold. The report has to be filed before the return, so a late audit forces a late return.
GST annual
The annual return above the turnover threshold, and a self certified reconciliation statement above a higher one. Due at the very end of the calendar year.
Registrar filings
Financial statements and the annual return for companies, and the two annual forms for LLPs. Keyed to the annual general meeting for companies and to fixed dates for LLPs.
TDS and TCS
Quarterly returns and the certificates issued from them. Not annual, but the year's four quarters are what your counterparties see in their own tax credit statements.
Everything flows from one set of books, or it does not work
When the four filings are prepared independently by different people from different data, they diverge. When they all descend from one closed set of books, they agree by construction.
What gets compared, checked in 10 seconds
These are the reconciliations that generate notices. If you cannot explain each difference in a sentence, it is worth looking at before somebody asks.
If any of this sounds familiar, your annual filing is not finished.
Four filed returns and a folder of acknowledgements is not the same as a clean year. These are the four gaps we find most often.
Your turnover figures do not match
The GST annual return says one number, the income tax return says another, and the audited accounts say a third. Each may be right on its own basis. Without a reconciliation, all three look like a discrepancy to whoever is reading them.
The reconciliation order →Your AIS shows income you have not reported
The annual information statement aggregates what banks, customers, registrars and platforms have reported about you. Anything in there and not in your return is a question waiting to be asked, and increasingly asked automatically.
What the AIS holds →Your audit ran late and took the return with it
The tax audit report must be filed before the return. When the audit slips, the return slips automatically, and the consequences of a late return include interest, a fee, and the loss of the ability to carry certain losses forward.
The full year calendar →You skipped the GST annual return
It carries its own late fee, and leaving the year unclosed means every reconciliation issue in it stays open and unaddressed until it surfaces as a scrutiny query on a period you can no longer correct.
GST annual filings →Annual filing services from GVC Audit
Four engagements. The whole point is that one team does all four, because that is what makes them agree.
Books, Accounts and Audit
The foundation everything else is drawn from.
- Books finalised, bank reconciled and trial balance agreed
- Financial statements prepared in the applicable format
- Statutory audit where the entity requires it, and tax audit under Section 44AB where the threshold is crossed
- One closed set of numbers that every subsequent filing uses
Income Tax Return and Audit Report
Filed on the right form, on the right date, from the right numbers.
- Correct return form for your entity type and income profile
- Tax audit report prepared and filed ahead of the return
- Advance tax computed through the year rather than discovered in March
- AIS and form 26AS reconciled to your reported income before filing
GST Annual Return and Reconciliation
Closing the GST year properly rather than leaving it open.
- Annual return prepared from the twelve months of filed returns and the books
- Self certified reconciliation statement where the threshold applies
- Credit reconciled to the auto generated statement, with differences quantified
- Any shortfall identified and discharged before filing rather than after
TDS and Registrar Filings
The two that most often sit with somebody else and drift out of line.
- Quarterly TDS returns and issue of certificates
- Annual filings with the Registrar for companies and LLPs
- Filed financial statements checked against the tax return reporting the same year
- A single compliance calendar covering every authority
The department already has a version of your year. Yours has to match it.
The annual information statement pulls together what third parties have reported about you: interest credited by banks, dividends, securities transactions, property registrations, large cash deposits, foreign remittances, GST turnover and amounts on which tax was deducted from you. Form 26AS sits alongside it with the tax credit detail.
Filing a return without reading these first is filing blind. The comparison between what they show and what you reported is automated, and where it does not match, the query is generated without anybody at the department having to notice you individually.
- Interest and dividend income you may have forgotten
- Receipts on which customers deducted tax from you
- GST turnover as reported in your own returns
- Property purchases and sales above the reporting thresholds
- Securities and mutual fund transactions
- Foreign remittances and large cash movements
The full annual filing calendar
Dates assume a financial year ending 31 March. Not everything here applies to everyone, but everything here applies to somebody, and the sequence matters as much as the dates.
Did you actually close last year?
Five checks. Filing four returns on time satisfies none of them by itself, which is the point.
Get the full checklist ↗- You can explain the gap between your GST and income tax turnoverIn one sentence, with a working behind it. The gap is usually fine. The silence is not.
- You read the AIS and 26AS before filing, not afterAnything reported about you and absent from your return is a query generated automatically.
- The financial statements you filed match the return that reports themTwo filings, two authorities, same year. They are compared.
- Your GST year is closedAnnual return filed, credits reconciled, and any shortfall discharged rather than left sitting in an open year.
- One team saw all four filingsWhere the GST, the accounts, the tax return and the Registrar filing are done by different people, they diverge. Every time.
Four returns from one set of books, by one team.
A named CA signs off
CA Varundeep Gupta personally oversees client engagements. The reconciliations are judgement work, and the whole value of this service is that somebody qualified actually looked at the differences rather than filing around them.
Current on the law, not last year's law
The differentiated return due dates for this assessment year, the Income-tax Act, 2025 taking effect from 1 April 2026 with the tax year replacing the assessment year, and the current GST annual return position. Most compliance calendars circulating online are a year behind.
We see all four, so we catch the drift
Splitting GST, accounts, tax and Registrar filings across three providers is the most common reason the numbers diverge. Nobody is comparing them, because nobody has all four in front of them.
Annual filing touches everything.
A reconciliation done in October costs a fraction of one done under notice.
Talk to the partner who will actually see all four filings, not four different people who never compare notes.
Annual Filing in Gurgaon, All Four Authorities, Reconciled
Annual filing is not one filing. For a typical Gurgaon business it is a set of obligations owed to four different authorities on four different calendars: the income tax department, the GST authorities, the Registrar of Companies where you are a company or an LLP, and the TDS machinery that runs quarterly through the year.
Every one of those filings describes the same twelve months of the same business. They are prepared from the same underlying transactions, and they are read by systems that compare them to each other and to information the department already holds from third parties. That comparison is where most scrutiny begins.
GVC Audit (Gupta Varundeep & Co.) is a Chartered Accountant firm in Sushant Lok-1, Gurgaon. We run the entire annual cycle for businesses across Gurgaon and Delhi NCR, from closing the books through audit, the income tax return, the GST annual return and the Registrar filings, prepared in that order so that they agree.
What applies to you
| Entity | Income tax | GST annual | Registrar | Audit |
|---|---|---|---|---|
| Private limited company | ITR-6, with tax audit above the threshold | Above the turnover threshold | Financial statements and annual return | Statutory audit always |
| One person company | ITR-6, with tax audit above the threshold | Above the turnover threshold | Financial statements and abridged annual return | Statutory audit always |
| LLP | ITR-5, with tax audit above the threshold | Above the turnover threshold | Annual return and statement of account and solvency | Above the turnover or contribution thresholds |
| Partnership firm | ITR-5, with tax audit above the threshold | Above the turnover threshold | None | Tax audit only, above the threshold |
| Proprietorship | ITR-3 or ITR-4 in the proprietor's own return | Above the turnover threshold | None | Tax audit only, above the threshold |
| HUF | ITR-2 or ITR-3 depending on income | Where registered and above the threshold | None | Tax audit only, above the threshold |
All of them also have TDS obligations where their payments cross the applicable thresholds, and since the provision extending withholding to payments made by firms and LLPs to their own partners came into force, a great many entities that never needed a tax deduction account number now do.
The income tax side
- Due dates are now differentiated. For this assessment year the dates were split by taxpayer category rather than being a single date for everyone. Salaried and simple returns fell due on 31 July, non audit business and professional returns on 31 August, returns for taxpayers liable to audit on 31 October, and returns involving transfer pricing reports on 30 November.
- The audit report comes before the return. Where Section 44AB applies, the audit report is due by 30 September and must be filed before the return that depends on it. A late audit therefore makes a late return unavoidable, which is why an audit that slips is more expensive than it looks.
- Advance tax runs through the year. Four instalments in June, September, December and March. Getting it wrong attracts interest under Sections 234B and 234C, which is entirely avoidable and entirely common.
- Late filing has consequences beyond the fee. Interest under Section 234A, a fee under Section 234F, and the loss of the ability to carry forward certain losses, which can be the single most expensive item on that list.
- Belated and revised returns. Both may generally be filed up to 31 December of the assessment year, which is also the deadline for correcting something you filed in a hurry.
The GST annual side
- GSTR-9, the annual return. Required where aggregate turnover exceeds the prescribed threshold, and optional below it. It consolidates the twelve months of returns you already filed and is due by 31 December following the financial year.
- GSTR-9C, the reconciliation statement. Required above a higher turnover threshold, reconciling the annual return to your audited financial statements. It has been self certified since the requirement for separate professional certification was removed, which shifted the risk of an error from the certifier to you.
- It is a reconciliation exercise, not a data entry one. The value is in comparing the annual figures to the books and to the credit actually available, identifying differences, and dealing with any shortfall before filing rather than leaving it to be found later.
- Late filing carries a daily fee, subject to a cap linked to turnover, and an unfiled annual return leaves the whole year open and unresolved.
- Corrections have a window. Amendments relating to a financial year can generally only be made up to a specified point in the following year. Once that passes, an error in that year can no longer be self corrected and can only be assessed.
The reconciliations that matter most
GST turnover against income tax turnover
These are computed on different bases and a difference is normal. Exports, stock transfers between your own registrations, the point at which revenue is recognised, sale of fixed assets, and income that is outside GST altogether will all create legitimate gaps. What matters is that the gap is quantified, itemised and documented. An unexplained difference between two figures you filed yourself is the single most common trigger for a query.
Outward supplies against the summary return
What you declared invoice by invoice through the year against what you declared in summary and paid tax on. Where these diverge, the system compares them and the difference surfaces, so it is better identified at year end than in a notice.
Credit claimed against credit available
Input tax credit taken in your summary returns against what actually appeared in your auto generated statement. Credit taken but not appearing in that statement is the most litigated number in GST, and the annual return is where the year's position gets settled.
Reported income against the AIS and Form 26AS
See the section above. Third parties report a great deal about you, and the comparison against your return is automated. Reading these before filing is not optional practice, it is the basic hygiene of a defensible return.
Filed accounts against the tax return
The financial statements you file with the Registrar and the figures in your income tax return describe the same year. Two authorities, one set of numbers, and the difference between them is visible to both.
What it costs to get this wrong
| Default | Consequence |
|---|---|
| Late income tax return | Interest under Section 234A on tax outstanding, a fee under Section 234F, and loss of the ability to carry forward certain losses to future years. |
| Advance tax shortfall | Interest under Sections 234B and 234C, computed instalment by instalment. Entirely avoidable with a quarterly review. |
| Tax audit not filed or filed late | Penalty under Section 271B, and a return that is necessarily late because the report had to precede it. |
| Late GST annual return | A daily late fee subject to a turnover linked cap, and a financial year that stays open and unreconciled. |
| Late TDS return | A daily fee under Section 234E, potential penalty, and your counterparties not receiving the credit they are entitled to, which becomes a commercial problem as well as a compliance one. |
| Late Registrar filings | Additional fee at a daily rate with no upper cap, penalties on the entity and its officers, and at three continuous years, director disqualification. |
| Unreconciled mismatches | No immediate penalty, which is precisely why they are ignored. They surface later as scrutiny on a period you can no longer correct, with interest running throughout. |
How we run an annual filing engagement
- Scope and calendar. Which of the four sets apply to you, on what dates, and where your thresholds sit for audit and for the GST annual filings. Agreed at the start rather than discovered in September.
- Close the books. Ledgers finalised, bank reconciled, trial balance agreed. Nothing downstream can be right until this is.
- Reconcile GST first. Twelve months of returns against the books, credits against the auto generated statement, differences quantified. Doing this before the accounts are finalised means adjustments land in the right place.
- Prepare the financial statements. In the applicable format, from that same trial balance.
- Audit. Statutory audit where the entity requires it, tax audit where the threshold is crossed, with the report filed ahead of the return.
- Pull the AIS and 26AS. Compare to reported income, resolve or explain every difference, and submit feedback on entries that are wrong.
- File the income tax return. On the correct form and date, from the audited numbers.
- File the Registrar filings. From the same financial statements, so the two agree.
- Close the GST year. Annual return and reconciliation statement filed by 31 December, with any shortfall discharged.
- Hand over the reconciliation file. Every difference between the four filings, quantified and explained, in one document you can produce if anyone ever asks.
Gurgaon specifics
- Split providers are the norm here, and the norm is the problem. A great many Gurgaon businesses use one person for GST, another for accounts and a third for the Registrar filings. Each does their part correctly. Nobody compares the three, which is exactly how the mismatches arise.
- Delhi NCR billing patterns create genuine turnover differences. Businesses here routinely bill across state lines and hold multiple registrations. Aggregate turnover for GST and turnover for income tax then diverge for perfectly good reasons that still need documenting.
- Exporters and service businesses. Export turnover, zero rated supplies and refund positions all widen the gap between GST and income tax figures. These are the files where a written reconciliation matters most.
- Corporate customers pull your filings. Vendor onboarding and annual vendor reviews at the multinationals across Cyber City and Udyog Vihar increasingly check filing status. A clean annual record is a commercial asset, not just a compliance one.
- Funding and acquisition diligence. The first thing a diligence team reconciles is GST turnover against reported revenue against filed accounts. Having that document already prepared shortens the process considerably.
Common mistakes we help you avoid
- Treating the four filings as four unrelated jobs. They describe one year and they are compared with each other.
- Filing the income tax return without reading the AIS. Anything reported about you and missing from your return generates a query automatically.
- Assuming the July date applies to you. Business and professional returns not subject to audit had until 31 August this year. Audit cases have until 31 October. Getting this wrong costs interest and a fee for no reason.
- Letting the audit slip. The report precedes the return, so a late audit makes a late return inevitable and takes loss carry forward with it.
- Skipping the GST annual return because it felt optional. It leaves the year open, and the reconciliation issues in it unresolved.
- Preparing accounts from the bank statement. If the accounts do not descend from the same records as the GST returns, the two will not agree and nobody will know until somebody compares them.
- Ignoring advance tax until March. The interest is computed instalment by instalment, so a March catch up does not undo it.
- Filing financial statements with the Registrar that differ from the tax return. Same year, same numbers, two authorities, both able to see the other.
- Never documenting the differences. The gap is usually defensible. The absence of any explanation is what turns it into an issue.
How GVC Audit helps
One team across all four filings
Books, audit, income tax, GST annual and the Registrar filings, prepared in sequence from one closed set of numbers. This is the entire reason the figures agree, and it is not something a split arrangement can replicate.
Reconciliations documented, not just performed
Every difference between GST turnover, reported turnover and filed accounts quantified and explained in a working paper you keep. If a query ever comes, the answer already exists.
The AIS read before the return, every time
Third party reported information compared to your books, differences resolved, and feedback submitted where an entry is simply wrong.
A calendar you actually receive
Your dates, for your entity, across all four authorities, with reminders ahead of each. Most missed filings are not decisions. They are dates nobody was tracking.
Advance tax reviewed quarterly
So the March position is a confirmation rather than a discovery, and the interest under Sections 234B and 234C never arises.
Who we work with
Private limited companies, LLPs, partnership firms and proprietorships across Gurgaon and Delhi NCR, exporters and service businesses with genuine turnover reconciliation complexity, businesses currently using three different providers who want one team, and anyone who has received a mismatch notice and wants the year properly closed.
What it costs
It depends on your entity type, turnover, number of GST registrations, whether audit applies and whether bookkeeping is included. We give you a transparent, fixed annual quote after a short call, covering the whole cycle rather than pricing each filing separately, because pricing them separately is what encourages people to skip the reconciliation.
Frequently Asked Questions for Annual Filing in Gurgaon
What does annual filing actually include?
For most businesses it means four sets of obligations to four authorities. The income tax return, with a tax audit report first where the threshold applies. The GST annual return and, above a higher threshold, the reconciliation statement. The annual filings with the Registrar of Companies where you are a company or an LLP. And the quarterly TDS returns that run through the year. All four describe the same twelve months and are compared with each other.
What was the income tax return due date this year?
The dates were differentiated by taxpayer category rather than being one date for everyone. Salaried and simple returns were due 31 July, non audit business and professional returns on ITR-3 and ITR-4 by 31 August, returns for taxpayers liable to audit under Section 44AB by 31 October, and returns requiring a transfer pricing report under Section 92E by 30 November. Belated and revised returns can generally be filed up to 31 December.
When is the tax audit report due?
By 30 September, and importantly it must be filed before the income tax return that depends on it. This is why a delayed audit is more expensive than it appears. The return cannot be filed on time if the report is not in, so the audit delay converts automatically into a late return with interest, a fee and the loss of loss carry forward.
Who has to file the GST annual return?
Regular registered taxpayers with aggregate turnover above the prescribed threshold must file GSTR-9, and it is optional below that. Above a higher turnover threshold, GSTR-9C, the reconciliation statement, is also required. Both are due by 31 December following the financial year. GSTR-9C has been self certified since separate professional certification was removed, which moved the risk of an error onto the taxpayer.
Why do my GST turnover and income tax turnover not match?
Usually for perfectly good reasons. The two are computed on different bases, and exports, stock transfers between your own registrations, the point at which revenue is recognised, sale of fixed assets and income outside GST altogether will all create gaps. The difference is rarely the problem. Not having quantified and documented it is, because an unexplained difference between two figures you filed yourself is the most common trigger for a query.
What is the AIS and why does it matter before filing?
The annual information statement aggregates what third parties reported about you, including bank interest, dividends, securities and property transactions, large cash movements, foreign remittances, GST turnover and amounts on which tax was deducted from you. Form 26AS holds the tax credit detail. The comparison between these and your return is automated, so anything present there and absent from your return generates a query without anyone having to notice you individually.
What if the AIS shows something that is wrong?
Third party reporting does contain errors, duplicates and misattributions, and there is a facility to submit feedback on entries you disagree with. What you should not do is file a return that silently contradicts the statement and hope the difference goes unnoticed. Either the return explains the position or the feedback corrects the entry, and ideally both are done before filing rather than afterwards.
What is the penalty for filing my return late?
Interest under Section 234A on tax outstanding, a fee under Section 234F, and, often the most expensive of the three, the loss of the ability to carry forward certain losses to set against future profits. For a loss making year that last consequence can be worth considerably more than the interest and fee combined.
Do I need to file if my business had no activity?
Generally yes. Companies and LLPs file with the Registrar every year regardless of activity, with no dormancy exemption unless dormant status has been formally obtained. GST returns are due for every period a registration is active, including nil returns. Income tax filing obligations depend on your entity type and income, but for companies and LLPs the return is required irrespective of income.
What is the tax year and how is it different from the assessment year?
The Income-tax Act, 2025 took effect from 1 April 2026 and replaced the twin concepts of previous year and assessment year with a single tax year running from 1 April to 31 March. Income earned in the year currently being filed remains governed by the old framework and its terminology. Income earned from 1 April 2026 falls into the new one, so expect the vocabulary in forms, notices and software to change over this cycle.
Can I still correct a return I already filed?
A revised income tax return can generally be filed up to 31 December of the assessment year. For GST, amendments relating to a financial year can generally only be made up to a specified point in the following year, after which an error in that year can no longer be self corrected and can only be assessed. This is why the annual return is worth using as a genuine closing exercise rather than a formality.
My accountant files my GST and somebody else does my accounts. Is that a problem?
It is the most common cause of the mismatches on this page. Each provider does their part correctly, but nobody has all four filings in front of them, so nobody compares them. The GST returns get filed monthly from invoices, the accounts get prepared later from the bank statement, and the two never meet until an officer compares them for you.
What happens if I get a mismatch notice?
You reply with a reasoned explanation supported by a reconciliation. If the reconciliation was prepared at the time, this is straightforward and the matter usually closes. If it was not, you are reconstructing a year under a deadline, often for a period you can no longer amend, with interest running throughout. That difference in cost is the entire argument for doing the reconciliation when you file.
When should I start the annual filing process?
April, immediately after the year closes. The books can be finalised, the GST reconciliation done and the accounts drafted long before any deadline. Businesses that start in September are compressing three months of work into three weeks, and the reconciliation is always the first thing that gets dropped when time runs short.
Do you also handle the bookkeeping?
Yes, and for most clients it is the better arrangement, because the reconciliations depend entirely on the quality of the underlying records. We also work with businesses that keep their own books, in which case the first engagement usually involves getting the ledgers into a state where the four filings can be reconciled at all.
Do you handle annual filing for clients outside Gurgaon?
Yes. Every filing discussed here is made electronically, so we handle the full annual cycle for clients across India through secure digital processes with a dedicated point of contact. Jurisdiction for each authority follows your registered address rather than ours.
Annual Filing Consultants in Gurgaon
Visit our office and get your consultation.
Gupta Varundeep & Co.
ICAI Certified Chartered Accountants
- AddressH-312, Sushant Shopping Arcade, near Huda Metro Station, Sushant Lok Phase I, Sector 43, Gurugram, Haryana 122009
- Phone+91 97173 55517
- Emailvarun@gvcaudit.com
- Office HoursMonday to Saturday, 10:00 AM to 7:00 PM