Tax Advisory Global

Tax Advisory Global Our Firm is providing services in relation to Income tax, Sales tax, Service tax, Company formation

GST, Taxation, Auditing, Accounting, Company Formation, ROC Compliances, TDS Matters.

02/09/2026

NRI Tax Planning: If you're an NRI planning to sell property in India, here's welcome news. Recent changes have removed the buyer's obligation to obtain a TAN (Tax Deduction and Collection Account Number) for TDS (Tax Deducted at Source) on such transactions — buyers can now deposit TDS using PAN-based challans instead, cutting paperwork on both sides. TDS still applies at applicable capital gains rates, so NRIs should plan the sale with a lower/nil deduction certificate application in mind well before the transaction closes. A little planning here avoids blocked funds and repatriation delays later.

31/08/2026

GST Update: The Invoice Management System (IMS) now plays a bigger role in Input Tax Credit (ITC) claims. Before filing your GSTR-3B, review each supplier invoice in IMS and match it against GSTR-2B — accepting, rejecting, or keeping an invoice pending directly changes the ITC you're eligible to claim. Building a monthly reconciliation habit, rather than rushing it at month-end, is the best way to avoid ITC mismatches and GST notices. Reach out if you'd like help setting up this process.

28/08/2026

Compliance Deadline Reminder: If you're registered under India's GST (Goods and Services Tax) regime, your GSTR-3B return for the August 2026 tax period is due on 20th September 2026 for monthly filers. Missing it means late fees and interest on any tax payable, so it's worth reconciling your books and filing a few days early rather than at the last minute. Reach out if you'd like help getting your return in order before the deadline.

27/08/2026

Case Study: A small trading firm client received a GST notice over mismatched Input Tax Credit (ITC) — their purchase register showed credits their suppliers hadn't reflected in GSTR-2B. We reconciled the gap supplier by supplier, flagged the non-filers, and helped the client reverse the disputed credit with interest before the notice escalated into a full audit. Lesson: reconcile GSTR-2B against your purchase register every month, not just at year-end — early mismatches are cheap to fix, old ones aren't.

26/08/2026

NRI Tax Planning: If you're an NRI selling property in India, the buyer must deduct TDS (Tax Deducted at Source) before paying you — often at a higher rate than for resident sellers, unless you apply for a lower/nil deduction certificate from the Income Tax Department in advance. Pair this with a Tax Residency Certificate (TRC) from your country of residence to claim DTAA (Double Taxation Avoidance Agreement) benefits and avoid being taxed twice on the same income. Planning these steps before the sale, not after, is what actually saves money.

25/08/2026

UAE VAT tip: from 1 October 2026, the FTA's new supplier due-diligence rules (FTA Decision No. 13 of 2026) mean a valid tax invoice alone will no longer be enough to secure input VAT recovery. Businesses will need documented proof that they checked their suppliers and the supplies received before claiming input tax. If your procurement and invoice-verification process isn't documented yet, now is the time to build that trail.

24/08/2026

GST update: E-invoicing (electronic reporting of B2B invoices to the government portal) remains mandatory for businesses with turnover above ₹5 crore in any year since FY 2017-18 — and once you cross that limit, the requirement stays even if turnover later drops. If your business is close to this threshold, it's worth checking your invoicing setup now rather than scrambling later. Questions on whether e-invoicing applies to you? Reach out.

21/08/2026

Compliance reminder: If your business is registered under regular GST (Goods and Services Tax) in India, the GSTR-3B return for August 2026 is due by 20th September 2026. Filing late attracts interest and late fees, and can delay your buyers' Input Tax Credit (ITC) too. Reconcile your books early and file on time to avoid last-minute stress.

20/08/2026

Case Study: A small business owner client came to us after receiving a GST notice for mismatched Input Tax Credit (ITC) — the credit claimed in his GSTR-3B didn't match what his suppliers had reported in GSTR-2B. On reconciling both statements, we found the gap was mostly due to a few suppliers filing late, not any error on the client's part. We helped him respond to the notice with supporting reconciliation and set up a monthly ITC matching routine to catch mismatches early going forward. Lesson: don't wait for a notice — reconcile GSTR-2B against your purchase register every month.

19/08/2026

NRI Tax Planning: If you're an NRI selling property in India, remember that TDS under Section 195 is deducted on the entire sale value (not just the capital gain), at capital gains rates — currently 12.5% for long-term gains, plus applicable surcharge and cess. Unlike resident sellers, there's no minimum threshold, so this hits transactions of any size unless you obtain a lower or nil-deduction certificate from the Income Tax Department in advance. Planning this before the sale, not after, makes a real difference to your net proceeds.

Address

AL MANKHOOL, BURDUBAI
Jodhpur City

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 7pm

Telephone

9772103700

Website

Alerts

Be the first to know and let us send you an email when Tax Advisory Global posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share