Frequently Asked Questions

Yes. Ahalya and Associates is a registered firm with the Institute of Chartered Accountants of India (ICAI) under Firm Registration No. 028844S. Our founder, CA Ahalya T, holds ICAI Membership No. 280899.

You can request an initial discussion through our contact form or call us at +91 97919 67567. The discussion helps identify the applicable service scope based on your requirements.

Our office hours are Monday to Friday, 2:30 PM to 7:00 PM. Contact details are available on the Contact page for service enquiries.

For typical non-audit cases, the due date is generally 31st July of the assessment year. For businesses requiring tax audit, the due date is generally 31st October, subject to the relevant assessment year and official extensions.

Key documents include: PAN Card, Aadhaar Card, Form 16 (from employer), bank statements, investment proofs (80C, 80D, etc.), property documents (if applicable), capital gains statements, and previous year's return. For businesses, additional documents such as P&L statements and balance sheets are required.

GST registration thresholds and compulsory-registration categories depend on the nature of supply, state, and current notifications. The applicable position should be reviewed against current CBIC/GST law before registration decisions are made.

Regular GST taxpayers generally need to file GSTR-3B monthly (or quarterly under QRMP scheme) and GSTR-1 monthly or quarterly for outward supplies. Annual return timelines are subject to applicable law and notifications.

The suitable structure depends on factors like number of founders, documentation requirements, liability concerns, and compliance budget. Common options include:

• Private Limited Company — commonly considered where a corporate shareholding structure is required
• LLP (Limited Liability Partnership) — Lower compliance, suitable for professional services
• OPC (One Person Company) — Ideal for solo entrepreneurs
• Partnership Firm — Simple structure for small businesses

The suitable structure should be reviewed based on documents, business plans, and applicable law.

With all documents in order, registration timelines depend on MCA processing, document readiness, and applicable requirements. The process generally includes name reservation, filing, and certificate issuance.

NRI taxation services include income tax return filing, DTAA (Double Taxation Avoidance Agreement) benefits, repatriation guidance, property taxation in India, and certificate issuance under Section 195. Service delivery can be coordinated remotely where documents and verification requirements permit.

A tax audit under Section 44AB is mandatory if:

• Business turnover exceeds Rs. 1 crore (Rs. 10 crore if 95% transactions are digital)
• Professional receipts exceed Rs. 50 lakhs
• You opt out of the presumptive taxation scheme and your income exceeds the basic exemption limit

A statutory audit is legally mandated for companies under the Companies Act, 2013, conducted by an independent auditor to verify financial statements. An internal audit is a voluntary exercise to evaluate internal controls, risk management, and operational efficiency. Both serve important but different purposes for business governance.