Practical compliance guides

Accounting and Bookkeeping · 9 min read

GSTR-2B Reconciliation for Traders: Stop Losing Input Tax Credit

Credit is claimable only where your supplier's invoice appears in your 2B. The rule, the threshold and what it means in practice. Browse the glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

How to Track Project Profitability for a Services Business

Measuring margin per engagement instead of across the whole firm. The rule, the threshold and what it means in practice. Written by qualified CAs.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

GST on Consultancy Services in India: SAC Codes and Place of Supply

Place of supply for inter-state and export consultancy, and the rate that follows. Set out with the working, not just the rule. Explained simply.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Retainer vs Milestone Billing: Which Is Better for Your Agency?

How each model changes revenue recognition and your working capital. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Unbilled Revenue and WIP for Service Firms: Recognition Explained

Recognising work performed but not yet invoiced, in the right period. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 11 min read

Section 194J TDS: How Consultants Can Claim Credit via 26AS/AIS

10% on professional fees, and reconciling what was deducted to your 26AS. The rule, the threshold and what it means in practice. See related terms.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

Due-Diligence-Ready Books: What Investors Check Before Funding

What an investor's diligence team opens first, and what it finds wrong. The rule, the threshold and what it means in practice. See related terms.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

When Should a Startup Hire a CA vs Use Accounting Software?

The transaction volume and funding stage at which a CA stops being optional. The rule, the threshold and what it means in practice. In plain English.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

Burn Rate and Runway: How Founders Should Read Their MIS

How to calculate net burn honestly, and what runway your board will believe. The rule, the threshold and what it means in practice. In plain English.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 11 min read

Section 80-IAC Tax Holiday for DPIIT Startups: Eligibility & How to Claim

Three years of exemption for DPIIT-recognised startups, and who qualifies. The rule, the threshold and what it means in practice. In plain English.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

What Accounting Does a Startup Actually Need in Year One?

Everything a new company must set up before its first statutory deadline. The rule, the threshold and what it means in practice. Explained by a CA.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

How to Handle Stock Shrinkage and Gross Margin in Retail Books

What shrinkage does to reported margin, and how to provision for it. The rule, the threshold and what it means in practice. Written for Indian SMEs.

CACA Puja Pradhan · Jul 20