# Manthan Experts ## Posts - [Why Global Businesses Are Outsourcing Bookkeeping to India in 2026](https://www.manthanexperts.com/why-global-businesses-are-outsourcing-bookkeeping-to-india-in-2026/): Why Global Businesses Are Outsourcing Bookkeeping to India in 2026   Manthan Experts   September 18, 2026 Blog Introduction For about twenty years, the usual reason for using offshore teams for accounting work was simple: it cost less. Today, that answer is incomplete and sometimes entirely wrong. Cost still matters. Of course it does. But speak to a mid-sized CPA firm in Chicago or a rapidly growing e-commerce business in Manchester, and their first reason will not be “we wanted to save money.” It is closer to “we ran advertisements for a bookkeeper for four months and could not hire anyone… - [Profit vs Cash Flow](https://www.manthanexperts.com/profit-vs-cash-flow/): Profit vs Cash Flow Manthan Experts September 10, 2026 Blog, Bookkeeping & Accounting Introduction It sounds like a conundrum. It isn’t? Profit and cash flow are answering two categorically different questions, and a business can do brilliantly Ask any business owner in Noida or Delhi and you will hear a version of the same story. The year ended well. The P&L showed a profit. And yet, come the 7th of the month, arranging salaries was a scramble, making you ponder where all went down the hill? on one while quietly grappling on the other. Profit tells you how the business thrived over… - [Kunal Shah's Cred Just Pulled Off a $900 Million Power Move- And the Internet Can't Stop Talking About It](https://www.manthanexperts.com/kunal-shah-cred-meta-900-million-investment-whatsapp/): Kunal Shah’s Cred Just Pulled Off a $900 Million Power Move- And the Internet Can’t Stop Talking About It   Manthan Experts   June 23, 2026 Latest News This is a deal for the fintech industry. The company just got an investment that makes it worth $4.5 billion. Meta is now a part of the company, which shows they believe in its expansion, capabilities, and prospective transformative capacity. The investment is about $900 million. Some of this money, around $400 million, will let early investors sell their shares. This is good for them because they can get their money back. The… - [OLD TAX REGIME VS. NEW TAX REGIME FOR F.Y. 2025-26 (A.Y. 2026-27)](https://www.manthanexperts.com/old-tax-regime-vs-new-tax-regime-for-f-y-2025-26-a-y-2026-27/): OLD TAX REGIME VS. NEW TAX REGIME FOR F.Y. 2025-26 (A.Y. 2026-27) Manthan Experts June 18, 2026 Blog, GST Introduction Choosing between the old tax regime and the new tax regime remains one of the most significant tax-planning decisions for individual taxpayers in India. For F.Y. 2025-26, relevant to A.Y. 2026-27, the new regime continues to be the default regime option; it may not be the most advantageous choice for every taxpayer. The optimal regime depends largely on an individual’s income profile, eligibility for deductions and exemptions, and overall financial planning strategy. Taxpayers with limited deduction claims may benefit from the… - [Best ITR Filing Services for IT Professionals](https://www.manthanexperts.com/best-itr-filing-services-for-it-professionals/): Best ITR Filing Services for IT Professionals   Manthan Experts   June 15, 2026 Blog Introduction If you work in IT, your workday probably does not end when the clock says it should. Deadlines move, deployments happen late, clients are in different time zones, and there is always one more issue to fix or one more tool to learn. In the middle of all that, income tax filing often becomes something you keep postponing until the last moment. The problem is that many IT professionals no longer have a very simple tax profile. A lot of people have switched jobs during… - [Due Dates to File ITR for A.Y. 2026-27](https://www.manthanexperts.com/due-dates-to-file-itr-for-a-y-2026-27/): Due Dates to File ITR for A.Y. 2026-27   Manthan Experts   June 8, 2026 Blog Introduction Timely filing of the income tax return is one of the most important compliance steps for every taxpayer. Missing the due date can lead to interest, late fees, and restricted loss carry-forward, and unnecessary notices. For that reason, taxpayers should keep track of the latest due dates applicable for A.Y. 2026-27 instead of relying on older extension-based calendars from prior years. The current filing season relates to F.Y. 2025-26 and A.Y. 2026-27. Different categories of taxpayers have different due dates depending on whether their accounts… - [EMPLOYEES’ PROVIDENT FUND REGISTRATION](https://www.manthanexperts.com/employees-provident-fund-registration/): EMPLOYEES’ PROVIDENT FUND REGISTRATION   Manthan Experts   March 17, 2026 Blog  Introduction The Employees’ Provident Fund Organisation (EPFO) is a statutory body under the   Ministry of Labour & Employment, Government of India. This portal allows both employer or employees to access and manage services related Employees’ Provident Fund (EPF), Employees’ Pension Scheme (EPS) and Employees’ Deposit Linked Insurance Scheme (EDLI). What is EPF? The Employees’ Provident Fund Scheme (EPF) is a government-backed retirement savings plan that ensures financial security for employees through mandatory contributions from both the employee and employer EPF Eligibility Basic pay and dearness allowance is up to… - [MSME Registration in India: Complete Guide, Benefits & Process (2026)](https://www.manthanexperts.com/msme-registration-in-india/): MSME Registration in India: Complete Guide, Benefits & Process (2026)   Manthan Experts   March 12, 2026 Blog WHAT IS MSME? MSME, also known as Udyam registration, stands for Micro, Small, and Medium Enterprises, classified on the bases of investment in plant, machinery, or equipment and annual turnover, with updated limits effective from April 1, 2025 MSME REGISTRATION ELIGIBILITY All manufacturing, services, trading or non-trading that fulfill the MSME annual turnover and investment criteria are eligible for MSME registration BENEFITS OF TAKING MSME REGISTRATION MSME registration is not mandatory to obtain registration, but it is beneficial to get one’s business registered… - [Why ITR Refunds Might Be Delayed - Common Reasons Explained](https://www.manthanexperts.com/why-itr-refunds-might-be-delayed/): Why ITR Refunds Might Be Delayed – Common Reasons Explained   Manthan Experts   March 10, 2026 Blog, ITR e-Filing Introduction Filing an Income Tax Return (ITR) on time often brings a sense of relief. For many taxpayers, the most awaited part is the credit of the refund into the bank account. However, delays in receiving refunds are not uncommon. In most situations, there is a clear reason behind the wait. Each year, Manthan Experts supports taxpayers and return filers with ITR filing, and one of the most frequent queries received is: “Why hasn’t the refund been processed yet?” Let’s look… - [Why Choose Manthan Experts for Accounting & Auditing Services](https://www.manthanexperts.com/choose-manthan-experts-accounting-auditing/): Why Choose Manthan Experts for Accounting & Auditing Services Manthan Experts March 10, 2026 Blog, Bookkeeping & Accounting Introduction Running a business in today’s competitive age is not easy. Apart from sales and operations, one of the biggest challenges for any entrepreneur is keeping financial records accurate and staying compliant with laws. That’s where your trusted advisor, Manthan Experts, can make all the difference. Manthan Experts is a Delhi-based firm which is managing business and taxation compliances of established businesses, start-ups, freelancers, professionals and Individuals for more than a decade. Our team consists of Chartered Accountants, Tax professionals and advocates dedicated… - [Top 10 ITR Filing Mistakes to Avoid (AY 2026–27) & How to Fix Them](https://www.manthanexperts.com/top-10-itr-filing-mistakes/): Top 10 ITR Filing Mistakes to Avoid (AY 2026–27) & How to Fix Them   Manthan Experts   August 12, 2025 Income Tax Consultancy, ITR e-Filing, Knowledge Update Introduction Filing your Income Tax Return (ITR) is not just a compliance requirement—it is a chance to claim what is rightfully yours, like refunds and deductions. But every year, we see taxpayers face avoidable issues like delays, refund failures, or even notices—often because of simple filing mistakes. So, if you are preparing to file your ITR for Assessment Year 2026–27, here is our guide to the top 10 most common mistakes we come… - [Tax Audit in India: Rules, Forms, Due Dates & Penalties](https://www.manthanexperts.com/tax-audit-in-india/): Tax Audit in India: Rules, Forms, Due Dates & Penalties Manthan Experts March 10, 2026 Audit & Assurance, Knowledge Update Introduction to Tax Audit in India Tax Audit is conducted as per Section 44AB of the Income Tax Act, 1961 and is mandatory For all businesses and professionals having turnover more than the prescribed limits. Purpose and Importance of Tax Audit 1. Purpose of Tax Audit Ensures Accuracy in Financial Statements – Verifies the correctness of income, expenses and tax computations. Prevents Tax Evasion – It brings financial discipline and ensures tax law compliant books. Simplifies Tax Assessment – Helps the… - [Statutory Audit: Process, Requirements, Documents & Penalties](https://www.manthanexperts.com/statutory-audit/): Statutory Audit: Process, Requirements, Documents & Penalties Manthan Experts March 10, 2026 Audit & Assurance, Blog Introduction to Statutory Audit A legally required audit of a company’s financial records to ensure accuracy and compliance with regulations is called as Statutory Audit. It is conducted by an independent auditor asmandated by the applicable laws governing a business entity. Purpose of Statutory Audit The primary objectives of a statutory audit include: Ensuring Accuracy – Verifies that financial statements are free from material mis-statements and errors. Legal Compliance – Ensures adherence to financial laws such as the Companies Act, Income Tax Act, and GST… - [Accounting and Bookkeeping Tips - Ultimate Guide 2026](https://www.manthanexperts.com/accounting-and-bookkeeping-tips/): Accounting and Bookkeeping Tips – Ultimate Guide 2026 Learn essential bookkeeping tips to manage financial records, track cash flow, reduce errors, and grow your business with smart accounting practices Manthan Experts March 10, 2026 Blog, Bookkeeping & Accounting Introduction Keeping Flow of money is very important for any business. Good bookkeeping helps businesses stay strong and make smart decisions. Understanding basics like double-entry accounting, balance sheets, and revenue management helps businesses manage finances better. Proper financial tracking ensures long-term success and prevents costly mistakes. Here are some easy-to-follow tips to keep your financial records accurate and improve your profits. Accounting and… - [Benefits of Filing Income tax Return in 2026](https://www.manthanexperts.com/benefits-of-filing-income-tax-return/): Benefits of Filing Income tax Return The Income Tax Act, 1961 explain the applicability of filing of ITR under Section 139(1).   Manthan Experts   July 19, 2025 Income Tax Consultancy Benefits of Filing Income Tax Returns in India Filing Income Tax Returns (ITR) in India is not just a legal obligation; it’s a crucial step towards responsible citizenship. By fulfilling our tax duties, we contribute to the nation’s development and infrastructure. Did you know that timely ITR filing can not only help you avoid penalties but also unlock valuable opportunities? Before Exploring the Benefits: A Brief Overview of Income Tax… - [Challenges Faced by Taxpayers in Faceless Scrutiny Assessments](https://www.manthanexperts.com/faceless-scrutiny-assessments/): Challenges Faced by Taxpayers in Faceless Scrutiny Assessments   Manthan Experts   July 19, 2025 Income Tax, Income Tax Consultancy Introduction The introduction of Faceless Scrutiny Assessments under the Indian Income Tax framework was aimed at improving transparency, reducing human intervention, and making the tax assessment process more efficient. While the initiative was introduced with the goal of reducing corruption and increasing efficiency, it has also brought a new set of challenges for taxpayers. This blog explores the various difficulties taxpayers face in faceless scrutiny assessments, why these issues arise, and how they impact the overall tax compliance experience. What is… - [Different Income Tax Forms You Should Know Before Filing](https://www.manthanexperts.com/income-tax-forms-you-should-know/): Different Income Tax Forms You Should Know Before Filing   Manthan Experts   March 10, 2026 Blog, Income Tax Consultancy, ITR e-Filing Introduction Here’s a brief overview of the Income Tax Forms (ITR) used in India for filing tax returns. These forms are designed to capture different types of income and deductions based on an individual’s or business entity’s financial status. Here’s a summary: · ITR Form 1: For individuals with income from salary, pension, and other sources. · ITR Form 2: For individuals and HUFs with income from multiple sources, including capital gains, (Except Income from Business or Profession). · ITR Form 3: For individuals… - [ESIC Registration Made Easy: Process, Benefits & Required Documents in 2026](https://www.manthanexperts.com/esic-registration-process-benefits/): ESIC Registration Made Easy: Process, Benefits & Required Documents in 2026   Manthan Experts   March 10, 2026 Blog, Payroll (PF & ESIC) Introduction The Employee’s State Insurance Corporation (ESIC) is a statutory body under the Ministry of Labour and Employment, Government of India. It administers the Employee’s State Insurance (ESI) scheme, which provides social security and health insurance to employees working in various sectors. What is ESIC? ESIC is an autonomous organization that ensures employees receive medical care, financial benefits, and social security in case of sickness, maternity, disability, or employment injury. The scheme is applicable to establishments covered under the ESI Act, 1948. Applicability of ESIC… - [GST Audit: Types, Process, and Requirements in 2026](https://www.manthanexperts.com/gst-audit-types-process-and-requirements/): GST Audit: Types, Process, and Requirements in 2026 Manthan Experts March 10, 2026 Audit & Assurance, Blog What is a GST Audit? A GST audit is an examination of a taxpayer’s records, returns, and documents to verify the accuracy of turnover declared, taxes paid, refunds claimed, and input tax credit (ITC) availed. It helps ensure that the taxpayer is complying with the provisions of the Goods and Services Tax (GST) law. The audit is conducted by tax authorities or authorized professionals to check if the correct GST is paid and if any discrepancies exist. It also helps prevent tax evasion and ensures that the taxpayer follows the… - [GST Composition Scheme: Benefits, Eligibility and Registration Process](https://www.manthanexperts.com/gst-composition-scheme/): GST Composition Scheme: Benefits, Eligibility and Registration Process Manthan Experts March 10, 2026 Blog, GST Introduction The GST Composition Scheme offers small businesses a streamlined approach to tax compliance under the Goods and Services Tax framework. This scheme allows eligible dealers to pay tax at fixed rates based on their turnover rather than on individual transactions, significantly reducing compliance burdens. Eligibility Criteria for the Composition Scheme Businesses can opt for the GST Composition Scheme if they meet these specific requirements: Manufacturers, traders, and restaurants with an annual turnover of up to ₹1.5 crore (₹75 lakh for north eastern states and Himachal Pradesh) Service providers with… - [GST on Banquet Hall and Catering Services](https://www.manthanexperts.com/gst-on-banquet-hall-and-catering-services/): GST on Banquet Hall and Catering Services   Manthan Experts   July 19, 2025 GST Introduction Banquet halls, catering, decoration, and photography services play a crucial role in weddings, events, and parties. With the introduction of Goods and Services Tax (GST), the rates and tax implications on these services have evolved—particularly after the major amendment effective from 01 October 2019. In this blog, we will cover: GST applicability before and after the amendment Current GST rates on banquet, catering, decoration, and photography services Booking process and invoicing guidelines Are grouped services considered a composite supply or a mixed supply Applicable GST rate when all… - [GST Registration, Process, Eligibility & Documents Required](https://www.manthanexperts.com/gst-registration/): GST Registration, Process, Eligibility & Documents Required Manthan Experts March 10, 2026 Blog, GST Introduction The GST was first introduced in India on July 1, 2017, as part of the One Nation, One Tax initiative, aimed at simplifying the country’s tax structure. It replaced multiple indirect taxes such as excise duty, VAT, service tax, and other state-level taxes, streamlining the taxation system into a single, unified tax. What is GST Registration? GST registration is mandatory for businesses that meet certain turnover thresholds, ensuring they are legally recognized under the GST regime and are eligible to collect tax from customers. To comply… - [How to Avoid Common Tax Filing Mistakes for NRIs](https://www.manthanexperts.com/tax-filing-mistakes-for-nris/): How to Avoid Common Tax Filing Mistakes for NRIs   Manthan Experts   August 21, 2025 Blog, Income Tax Consultancy, ITR e-Filing Who are NRI’s For this First of all we need to understand Who are NRI’s? NRI stands for Non-Resident Indian. An NRI is an Indian citizen who resides outside India for employment, business, education, or other purposes for an extended period. The classification of an individual as an NRI is typically based on the number of days they spend in India during a financial year. Definition as per Income Tax Act (India) An individual is considered an NRI if: • They… - [How to Choose the Right Tax Consultant for Your Business.](https://www.manthanexperts.com/tax-consultant-for-your-business/): How to Choose the Right Tax Consultant for Your Business.   Manthan Experts   July 14, 2025 Income Tax Introduction Choosing the right tax consultant is crucial for any business, whether you are a startup, small enterprise, or large corporation. Tax compliance and planning can be complex, requiring expert guidance to navigate changing regulations, avoid penalties, and optimize tax savings. A reliable tax consultant not only ensures accurate tax filing but also provides strategic financial advice to help your business grow efficiently. This guide will help you understand the key factors to consider when selecting a tax consultant who best fits… - [How to Respond Defective Return Notice Under Section 139(9)](https://www.manthanexperts.com/defective-return-notice-under-section-1399/): How to Respond Defective Return Notice Under Section 139(9)   Manthan Experts   July 14, 2025 Income Tax Introduction Receiving a notice from the Income Tax Department can be stressful, especially when it’s related to a defective return under Section 139(9). A defective return notice means that your income tax return (ITR) has errors or missing details that need to be corrected. Ignoring or failing to respond to this notice can result in your return being treated as invalid, leading to penalties or missed refunds. In this guide, we’ll explain why you might receive a Section 139(9) notice, how to respond to… - [How to Treat Income Earned from Tuitions in Income Tax Returns in 2025](https://www.manthanexperts.com/income-earned-from-tuitions/): How to Treat Income Earned from Tuitions in Income Tax Returns in 2025   Manthan Experts   July 14, 2025 Income Tax Consultancy, Knowledge Center Introduction Income earned from private tuitions is a common source of earnings, especially for teachers, students, and professionals offering academic or skill-based coaching. However, many individuals are unaware of how to correctly declare this income while filing their Income Tax Returns (ITR). This blog provides a detailed guide on: Understanding Tuition Income Tax Treatment of Tuition Income How to Show Tuition Income in ITR Deductions Allowed Against Tuition Income Best Tax-Saving Alternatives Important Points to Consider… - [Income Tax Notices: Types, Reasons & How to Respond in 2026](https://www.manthanexperts.com/income-tax-notices/): Income Tax Notices: Types, Reasons & How to Respond in 2026 Manthan Experts March 10, 2026 Blog, Income Tax Consultancy, ITR e-Filing Introduction In India, the Income Tax Department sends various types of notices to taxpayers for different reasons, ranging from routine information requests to serious tax discrepancies. Receiving an Income Tax notice can often cause panic, but not all notices are issued due to default or mistakes. These notices can be for simple verification, assessment of your income, or reminders for non-compliance. Understanding the nature of the notice, its purpose, and how to respond is crucial to avoid legal complications… - [Income Tax Penalty for Late Filing & Non-Compliance in 2026](https://www.manthanexperts.com/income-tax-penalty-for-late-filing/): Income Tax Penalty for Late Filing & Non-Compliance in 2026 Manthan Experts March 10, 2026 Blog, Income Tax Consultancy, ITR e-Filing Introduction Penalties under the Income Tax Act, 1961,(IT Act) are levied for various defaults made. Tax evasion and non-compliance can have serious consequences. The Income Tax Act, 1961, levies a range of penalties on taxpayers who fail to fulfill their tax obligations. This article will delve into some key sections of the Act that outline the penalties for not paying income tax in India. Income Tax Penalty for Late Filing 1. Penalty under Section 221(1) of the Income Tax Act.… - [Marginal Relief and Section 87A Rebate: Simplified Guide](https://www.manthanexperts.com/marginal-relief-and-section-87a-rebate/): Marginal Relief and Section 87A Rebate: Simplified Guide Manthan Experts March 10, 2026 Blog, Income Tax Consultancy, ITR e-Filing Introduction When it comes to managing income tax in India, taxpayers often find themselves confused about the concepts of marginal relief and Section 87A rebate. Both provisions aim to reduce the overall tax burden, but they apply under different circumstances and benefit different types of taxpayers. Understanding the difference between marginal relief and rebate under Section 87A is essential for effective tax planning and maximizing your tax savings. In this detailed guide, we’ll break down how these two benefits work, their eligibility… - [Old Regime and New Tax Regime: Which One is Better?](https://www.manthanexperts.com/old-regime-and-new-tax-regime/): Old Regime and New Tax Regime: Which One is Better? Rate, Comparison & Benefits Manthan Experts   July 14, 2025 Income Tax Consultancy, Knowledge Center Old Regime and New Tax Regime: Which One is Better? From F.Y. 2020-21 the tax structure for individuals in India is divided into two regimes: The Old Tax Regime and The New Tax Regime. These regimes offer different tax rates, exemptions, and deductions, allowing individuals to choose the one that suits them best. Below is an elaboration on both tax regimes and their respective tax slabs: Old Tax Regime (with exemptions and deductions) The Old Tax… - [Preventive Measures to Avoid Income Tax Notice and Demand](https://www.manthanexperts.com/avoid-income-tax-notice-and-demand/): Preventive Measures to Avoid Income Tax Notice and Demand Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts March 10, 2026 Blog, Income Tax Consultancy, ITR e-Filing Introduction To avoid income tax notices and demand notices, taxpayers should follow preventive measures to ensure compliance and accuracy in their tax filings. Here are some key steps: Accurate and Timely Filing of Income Tax Returns (ITR) File your ITR before the due date to avoid penalties and scrutiny. Ensure that… - [QRMP Scheme Under GST: A Complete Guide 2025](https://www.manthanexperts.com/qrmp-scheme-under-gst-a-complete-guide/): QRMP Scheme Under GST: A Complete Guide Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 GST Introduction The Quarterly Return Monthly Payment (QRMP) scheme under GST represents a significant relief for small taxpayers across India. Introduced to ease compliance burdens, this scheme allows eligible businesses to file quarterly GST returns while making monthly tax payments. This comprehensive guide covers everything you need to know about the QRMP scheme, from eligibility criteria to filing procedures and… - [What is Reverse Charge Mechanism (RCM) Under GST](https://www.manthanexperts.com/reverse-charge-mechanism-rcm-under-gst/): What is Reverse Charge Mechanism (RCM) Under GST Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts March 10, 2026 Blog, GST Introduction The Reverse Charge Mechanism (RCM) under the Goods and Services Tax (GST) framework is a taxation concept where the liability to pay tax shifts from the supplier to the recipient of goods or services. Unlike the regular GST system, where the supplier collects and remits tax, RCM ensures tax compliance in specific cases to prevent… - [Section 31A of GST: Facility of Digital Payment to Recipient](https://www.manthanexperts.com/section-31a-of-gst/): Section 31A of GST: Facility of Digital Payment to Recipient Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 GST Introduction Section 31A under the Goods and Services Tax (GST) Act aims to promote digital payments and encourage transparency in business transactions. This section mandates that certain specified taxpayers must provide their customers (recipients) with the option to make payments through digital modes. The objective behind this provision is to reduce cash transactions, improve tax compliance, and… - [Tax Planning Strategies for Freelancers and Consultants in 2026](https://www.manthanexperts.com/tax-planning-strategies/): Tax Planning Strategies for Freelancers and Consultants in 2025 Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 Income Tax Introduction Freelancers and consultants enjoy the flexibility of self-employment, but they also face unique challenges when it comes to taxes. Without an employer handling tax withholdings, managing taxes effectively is crucial to avoid financial stress and penalties. This guide covers essential tax planning strategies to help freelancers and consultants maximize their earnings while staying… - [Taxability on Agricultural Income: Rules, Exemptions & Tax Implications in India](https://www.manthanexperts.com/taxability-on-agricultural-income/): Taxability on Agricultural Income: Rules, Exemptions & Tax Implications in India Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 Income Tax Introduction Agriculture is the backbone of India’s economy, contributing significantly to employment and GDP. Given its importance, the government provides several tax benefits to farmers and agricultural activities. However, while agricultural income is generally exempt from income tax under Section 10(1) of the Income Tax Act, there are certain conditions and tax implications… - [Understanding Input Tax Credit (ITC) Under GST](https://www.manthanexperts.com/understanding-input-tax-credit-under-gst/): Understanding Input Tax Credit (ITC) Under GST Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 GST Introduction Section 2(63) of the Central Goods and Services Tax Act, 2017, defines Input Tax Credit (ITC) as the “credit of input tax.” As a cornerstone of India’s GST framework, ITC empowers enterprises to deduct taxes remitted on acquisitions (inputs) from their output tax obligations. This crediting system guarantees taxation solely on the value addition at each… - [Understanding Payroll Deductions: What Employers and Employees Need to Know](https://www.manthanexperts.com/understanding-payroll-deductions/): Understanding Payroll Deductions: What Employers and Employees Need to Know Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 Other What is Payroll? Payroll is the system employers use to compensate their employees for their services.It includes calculating wages, withholding taxes, and distributing paychecks or direct deposits. Payroll is not just about salary payments—it also involves tracking work hours, managing deductions, and ensuring compliance with tax laws and labor regulations. Key Components of Payroll Employee Compensation –… - [What Are GST Returns? Types of GST Return Forms, Filing Dates](https://www.manthanexperts.com/what-are-gst-returns/): What Are GST Returns? Types of GST Return Forms, Filing Dates Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   July 14, 2025 GST Introduction GST Returns are forms that businesses registered under the Goods and Services Tax (GST) system must file periodically to report their sales, purchases, output GST, input tax credit (ITC), and other tax-related information. These data helps the governments to track and manage the collection of taxes also the shows the Contributions in… - [Who is Required to File Income Tax Returns (ITR) in India?](https://www.manthanexperts.com/who-is-required-to-file-income-tax-returns/): Who is Required to File Income Tax Returns (ITR) in India? Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: Manthan Experts   August 21, 2025 Blog, Income Tax Consultancy, ITR e-Filing Who is Required to File Income Tax Returns (ITR) in India? Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file: 1. Companies: All companies must file ITR… ## Pages - [One CA firm for tax, GST, bookkeeping and everything in between.](https://www.manthanexperts.com/one-ca-firm-for-tax-gst-bookkeeping-and-everything-in-between/) - [CA Online](https://www.manthanexperts.com/caonline/): CA Services ONLINE Financial Consulting Regulatory Compliances Audit & Assurance Business & Taxation Advisory A Legacy of 15+ Years Delivering Expert Taxation & Business Advisory  Trusted by 4,532+ Clients ITR Filled 15,000+ Till Now Book Consultation CA Consultation for Smarter Business Growth Manage Taxes, Ensure Compliance, Improve Financial Decisions, & Unlock Growth Opportunities with Professional Support Stay Compliant, Minimize Risks, and Focus on Growing Your Business Strategic Financial Advice Backed by Experienced Chartered Accountants End-to-End Tax, Compliance, and Business Advisory services Under One Roof Virtual CFO & Growth Advisory Income Tax Advisory & Compliances GST Advisory & Compliances Accounting & Business… - [CA Consultancy](https://www.manthanexperts.com/ca-consultancy/): Simplify Business in 30 Minutes Get CA Consultant ONLINE! Business Advisory & Consulting ServicesFinancial Consulting ServicesCompliance & Regulatory Consulting Audit & Assurance ServicesAccounting & Business Process A Legacy of 15+ Years Delivering Expert CA & Business Advisory Services   Trusted by 4,532+ Clients ITR Filled 15,000+ Till Now Book Consultation Get Expert Online CA Consultation for Smarter Financial Growth Expert online CA Guidance Helps Businesses Manage Taxes, Ensure Compliance, Improve Financial Decisions, & Unlock Growth Opportunities with Confidence and Professional Support Stay Compliant, Minimize Risks, and Focus on Growing Your Business Strategic Financial Advice Backed by Experienced Chartered Accountants End-to-End Tax,… - [Virtual CFO Page](https://www.manthanexperts.com/virtual-cfo-page/): Book Consultation Book Consultation Virtual CFO & Growth Advisory Business SetupBook Keeping & Accounting Planning & StructuringCompliances ManagementAudit & AssuranceLitigations & AdvisoryMIS A Legacy of 15+ Years in MANAGING AND GROWING BUSINESSES Trusted by 4,532+ Clients 50+ Companies Served with Excellence Book Consultation Hire a CFO at the Cost of an Accountant CFO-level insights, Planning, and Control, Reduce Dependence on a Single Accountant Make Smarter Decisions with Expert Guidance of Senior Chartered Accountants & Experience the Power of a Virtual CFO Business Finances Simplified — We Handle The Complexity, You Drive The Growth High-Level Financial & Compliance Strategy, Without Any Extra… - [Virtual CFO & Growth Advisory](https://www.manthanexperts.com/virtual-cfo-growth-advisory/): Virtual CFO & Growth Advisory Business SetupBook Keeping & Accounting Planning & StructuringCompliances ManagementAudit & AssuranceLitigations & AdvisoryMIS A Legacy of 15+ Years in MANAGING AND GROWING BUSINESSES Trusted by 4,532+ Clients 50+ Companies Served with Excellence Book Consultation Hire a CFO at the Cost of an Accountant CFO-level insights, Planning, and Control, Reduce Dependence on a Single Accountant Make Smarter Decisions with Expert Guidance of Senior Chartered Accountants & Experience the Power of a Virtual CFO Business Finances Simplified — We Handle The Complexity, You Drive The Growth High-Level Financial & Compliance Strategy, Without Any Extra Cost Business Decisions Simplified… - [Business Advisory](https://www.manthanexperts.com/business-advisory/): India Business Advisory Services Salaried taxpayers Capital Gains taxation Share traders Futures & options traders Businessmen NRIs Crypto traders Freelancers House Property A Legacy of 15+ Years in Business Advisory & Strategic Guidance   Trusted by 522+ Clients Financial Health Review 200+ Book Consultation Your Trusted Partner for Outsourced Business Advisory Strategy and guidance for business growth. Personalized, Year-Round Business Advisory Support – Always by Your Side Tailored Business Strategies Designed Specifically for Your Growth Dedicated Advisory Support. Customized Strategies. Complete Transparency. Financial Health Review Expansion Guidance Feasibility Analysis for New Ideas Strategic Planning for Growth Cash Flow Optimisation Exit Strategy… - [NRI](https://www.manthanexperts.com/nri/) - [International Taxation](https://www.manthanexperts.com/international-taxation/): Tax Filing & Advisory & Legal Support for Non-Resident Indians Salaried taxpayers Capital Gains taxation Share traders Futures & options traders Businessmen NRIs Crypto traders Freelancers House Property Professional Financial and Legal Advisory for the Global NRI Community Trusted by 932+ Clients Finance & Legal Solutions 1000+ NRIS Book Consultation Trusted Advisory for Global Indians Delivering specialized financial, taxation, and compliance solutions for NRIs across the world. Personalized Year – Round Customer Support, Always by Your Side Tailored Tax Strategies Designed Just for You! Clear Prices, No Surprises Tax Filing & Advisory Financial & Investment Advisory Business & Corporate Services for… - [ITR Filing in Delhi](https://www.manthanexperts.com/itr-filing-delhi/): ITR Filing in Delhi Salaried taxpayers Capital Gains taxation Share traders Futures & options traders Businessmen NRIs Crypto traders Freelancers House Property Influencers A Legacy of 15+ Years in Expertise of ITR Filing in Delhi Trusted by 4,532+ Clients ITR Filled 15,000+ Till Now Book Consultation Benefits of Online ITR Filing in Delhi Save Time, Save Money, No Office Visits Needed Personalized Year – Round Customer Support, Always by Your Side Tailored Tax Strategies Designed Just for You! Clear Prices, No Surprises ITR Filing Income Tax Consultancy GST Service Bookkeeping & Accounting Audit & Assurance Payroll Services (PF & ESIC) Book… - [Thank You](https://www.manthanexperts.com/thank-you/): Thank You Your Form is Submitted Successfully, Team will Contact You Within 24 Hour. - [Newsletter](https://www.manthanexperts.com/newsletter/): [newsletter] - [test](https://www.manthanexperts.com/test/) - [Latest News](https://www.manthanexperts.com/latest-news/): Knowledge Center Latest News Latest Blog and News Audit & Assurance Bookkeeping & Accounting GST Income Tax Consultancy ITR e-Filing Knowledge Center Other Payroll (PF & ESIC) Our Process Simple, Transparent, Effective Initial Consultation & Assessment Comprehensive Consultation and Assessment To Set The Foundation For Success. Tailored Strategy Development Customized Strategies To Meet Your Unique Needs and Goals. Implementation & Filing Seamless Implementation and Accurate Filing, Ensuring Compliance with Ease. Ongoing Support & Review Continuous Support and Periodic Reviews To Keep You Confidently Compliant. - [Blog](https://www.manthanexperts.com/blog/): Knowledge Center Our Blogs Latest Blog and News Audit & Assurance Blog Bookkeeping & Accounting GST Income Tax Consultancy ITR e-Filing Knowledge Update Payroll (PF & ESIC) - [Terms and Conditions](https://www.manthanexperts.com/terms-and-conditions/): Terms and Conditions Welcome to Manthan Experts Private Limited! This website, www.manthanexperts.com, is owned and operated by Manthanam Experts Private Limited. By accessing or using our website, services, products, and tools, you agree to comply with and be bound by the following Terms of Service (referred to as the “User Agreement”) along with our Privacy Policy. Please read these terms carefully. We reserve the right to modify this User Agreement at any time without prior notice. It is your responsibility to review this agreement periodically. Your continued use of our website after any changes constitutes your acceptance of the updated terms.… - [Business Setup & ROC Compliance](https://www.manthanexperts.com/services/business-setup-roc-compliance/): Business Set Up & ROC Compliance Company Incorporation Compliances ManagementRestructuring & PlanningClosure Services Advisory Services Your partner for easy registration & ROC compliance Trusted by 4,532+ Clients Trusted by 50+ Companies for Excellence Book Consultation Stay Compliant ,Avoid Penalties Grow with Confidence Missed Filings or Compliance Stress? Expert Advisory with Smooth Execution End-to-End Compliance Solutions Tailored for Your Business Needs Turn Your Vision into a Registered Business Fast, Simple and Reliable Incorporation Changes Services Compliance & Filing Documentation Restructuring & Advisory Closure & Exit Services Book Consultation Contact With Our Expert Team Book a free consultation at a time that is… - [Payroll Management](https://www.manthanexperts.com/services/payroll-management/): Payroll Management Salary Processing Statutory Compliances Record & ReportingPolicy Formulation Your Partner For Reliable, Accurate and Timely Payroll Trusted by 4,532+ Clients Payroll Services Provided Till Now 200+ Book Consultation Reducing Complexity & Ensuring Compliances Enhancing Employee Satisfaction—We Manage it All Seamless & Smooth Operations With Our Reliable Payroll Solutions High-Quality Services, Cost-Effective Solutions Prevent Litigation & Promote Collaboration Salary Processing Records & Reporting Statutory Compliances TDS Compliance on Salary Employee Benefits & Exit Compliances Book Consultation Contact With Our Expert Team Book a free consultation at a time that is most convenient for you. Simplifying Payroll, Compliance & Workforce Management… - [Audit & Assurance](https://www.manthanexperts.com/services/audit-assurance/): Audit & Assurance Statutory AuditTax AuditInternal AuditRegulatory CompliancesTransactional Audit Years of Expertise Helping You Navigate Financial Risks and Maintain Integrity Trusted by 4,532+ Clients Audit & Assurance Services Provided Till Now 200+ Book Consultation Premier Audit Services by a Dedicated Team of Expert CAs! Types of Audit (Statutory/Tax/GST) Internal Controls & Systems Business Scale and Financial Volume Statutory & Tax Audit Internal Audit Due Diligence Compliances & Regulatory Assurance Financial Statement Review & Assurance Specialized Audits Book Consultation Contact With Our Expert Team Book a free consultation at a time that is most convenient for you. Statutory Audits, Risk Management &… - [Bookkeeping & Accounting](https://www.manthanexperts.com/services/bookkeeping-accounting/): Bookkeeping & Accounting Accounting Budgeting & PlanningReconciliations & MISFinancial Statements Your Partner For Clear and Accurate Financial Growth Trusted by 4,532+ Clients 700+ Clients Served With Excellence Book Consultation Turn Financial Data into Strategic Insights With Our Precise Bookkeeping and Accounting Services Strong Books, Strong Business – Build Your Success on a Solid Foundation Leave Your Books to Us, Focus on Growing Your Business Affordable Expertise: Get the Best Value For Your Money Accounting & Financial Management Accounts Finalization & Financial Statements Financial Reporting & MIS Budgeting & Business Planning Book Consultation Contact With Our Expert Team Book a free consultation… - [GST Advisory & Compliance](https://www.manthanexperts.com/services/gst-advisory-compliance/): GST Advisory & Compliances Registration Returns Notices & LitigationsAdvisory & PlanningAudit & Compliances Decades of Expertise in GST – Precise, Practical, and Punctual Trusted by 4,532+ Clients 4000+ GST Services, Delivered with Excellence Book Consultation Leading The Way in GST Where Expertise Meets Efficiency Your GST Journey Starts Here – Clear Guidance, Effective Solutions. Stay Ahead in GST Filing With Affordable Pricing Dealing With GST Queries? We’re Here to Resolve Them, Step by Step! Registration Returns Strategic Planning Audit and Compliances Review Demand and Notice Assessment Litigations Advisory and Support Book Consultation Contact With Our Expert Team Book a free consultation… - [Income Tax Advisory & Compliance](https://www.manthanexperts.com/services/income-tax-advisory-compliance/): Income Tax Advisory & Compliances ITR e-filingCompliances ManagementNotices & LitigationsRectificationInternational Taxation A Legacy of 15+ Years in Expertise of ITR Filing & Consultancy Trusted by 4,532+ Clients ITR Filled 15,000+ Till Now Book Consultation Trusted Tax Experts for Hassle-Free Services ITR e-Filing or Income Tax Demands? Smart Solutions for Every Income Tax Challenge – Save Cost – 100% Online From ITR filing to Tax Notices Get End-to End Expert Assistance Tailored to Your Needs. Hassle-Free Income Tax Management With Professional Guidance at Every Step. Income Tax and Demand Assessments Simplified – Let Us Handle it! Quick, Reliable, and Hassle-Free Solutions at… - [Contact](https://www.manthanexperts.com/contact/): Contact Us Reach Out to Us – We are Here to Assist You. Contact Our Dedicated Team for Prompt Support and Assistance. Get In Touch ! Book a consultation at a time most suitable for you. Manthanam Experts Pvt. Ltd. Unit 17/03-04, Gold Tower Wave One, Pocket G, Sector 18, Noida, Uttar Pradesh 201301 +91-9643-969-969 info@manthanexperts.com I agree to receive messages from Manthan Experts and its representatives through WhatsApp, RCS, Email, and other communication channels. Reach us ! - [Pricing](https://www.manthanexperts.com/pricing/) - [Our Services](https://www.manthanexperts.com/services/): Our Services Manthan Experts Specializes in Delivering Tailored Financial and Taxation Consulting Services. From Income Tax, GST, and Accounting to Audit and Payroll Management. Trusted by 4,532+ Clients ITR Filled 50,000+ Till Now Your One – Stop Destination For Financial Services Comprehensive Financial and Tax Solutions Designed To Align With Your Personalized Financial Senerio, Ensuring Ease and Accuracy Every Step of the Way Virtual CFO Our Team Delivers CFO-Level Insights, Financial Planning, and Compliance Support to Simplify Complex Business Finances, Helping You Make Smarter Decisions and Drive Sustainable Growth   Know More Business Setup Our Team Simplifies Business Setup with Expert… - [About us](https://www.manthanexperts.com/about/): More Than Advisors We Are Your Growth Partners Virtual CFO Income Tax Advisory GST Advisory Bookkeeping Accounting Audit & Assurance Payroll Management Business Set Up Manthan Experts is a Professional Virtual CFO and Business Advisory Firm comprising Chartered Accountants (CA), Tax Consultants, and Advocates Years of Experience 0 + Happy Clients 0 + Contact US About Manthan Experts Manthan Experts is A Professional Virtual CFO and Business Advisory Firm Comprising Chartered Accountants (CAs), Tax Consultants, and Advocates, Serving Clients Since 2013. We Are Committed To Simplifying Finance, Taxation, and Regulatory Compliance For Individuals, Startups, Businesses, and NRIs. With Span of Virtual… - [Home](https://www.manthanexperts.com/): Your Virtual CFO For Effective Tax Strategies and Seamless Compliances Unmatched Quality with Trusted CA Guidance ITR e-Filing Virtual CFO Services Expert Help Proven Result Ongoing Support Chartered Accountants with Years of Experience 0 + Trusted Clients 0 + Individuals and Businesses. A Team of Experienced Professionals 0 + One – Stop Destination For Tax & Compliance Services Ensuring Ease and Accuracy Every Step of the Way Virtual CFO At Manthan Experts, we deliver CFO-level insights, strategic planning, and seamless compliance. Trusted by 50+ companies, our Virtual CFO services replace single-accountant dependency driving smarter decisions and long-term growth at a cost-effective… - [Privacy Policy](https://www.manthanexperts.com/privacy-policy/): Privacy Policy Welcome to Manthanam Experts Private Limited. This Privacy Policy explains how we collect, use, protect, and disclose your personal information when you visit our website, www.manthanexperts.com (“Site”), and use our products and services. By using our Site, you agree to the practices described in this policy. 1. Information We Collect 1.1. Personal Identification Information We may collect personal information from you when you: Visit our Site Register for an account Place an order Engage in activities such as using services, features, or resources provided on our Site The personal information we may collect includes: Full Name Email Address Mailing… ## Optional - [Agent (MCP protocol)](websites-agents.hostinger.com/www.manthanexperts.com/mcp) [comment]: # (Generated by Hostinger Tools Plugin)