TaxClue provides end-to-end accounting for small businesses and startups — monthly bookkeeping and bank reconciliation, GST return filing (GSTR-1 & 3B), income-tax return filing, TDS deduction and returns, payroll, and monthly financial statements. A dedicated CA or accountant is assigned to each client, and everything is 100% remote — you share documents by WhatsApp, email or portal. We also flag statutory triggers like the tax-audit turnover limit and the MSME 45-day payment rule before they become a problem.
What TaxClue Accounting Covers
One team keeps your books current and every statutory filing on time. Each module maps to a specific compliance obligation for a private limited company, LLP, firm or proprietor.
| Module | What we do | Filing / output |
|---|---|---|
| Bookkeeping | Record income & expenses, bank reconciliation, ledgers in Tally/Zoho | Monthly trial balance |
| GST compliance | GSTR-1 & GSTR-3B, ITC match with GSTR-2B, e-way bills | Monthly / QRMP |
| Income tax | Advance-tax working, computation, business/proprietor ITR | ITR filed |
| TDS compliance | Deduction, challan deposit, quarterly returns | Form 24Q / 26Q / 27Q |
| Payroll | Salary processing, Form 16, PF/ESI, professional tax | Monthly payslips |
| Financial statements | Monthly P&L & balance sheet, year-end financials | CA-reviewed |
Government filing fees are charged at actuals. Annual GSTR-9/9C and statutory audit support available on higher plans.
Want a plan matched to your transaction volume?
Get an Accounting Quote →Your Monthly Compliance Cycle
A predictable monthly rhythm keeps books clean and filings on time. You share data once; we handle recording, reconciliation, filing and reporting.
Before you file your income-tax return, we reconcile your books against the Annual Information Statement (AIS) and Form 26AS so reported income and TDS credits match the department's records — the single biggest cause of ITR notices.
If you are searching for "service tax on accounting" or professional service tax, note that service tax was abolished and subsumed into GST from 1 July 2017. Services are now taxed under GST (accounting/CA services at 18%). "Professional tax" is a separate small state-level levy on salaries and is unrelated to the old central service tax.
Tax Audit & Registration Thresholds
Good accounting is not just bookkeeping — it is knowing which threshold your turnover is about to cross. These are the FY 2025-26 (AY 2026-27) limits we track for you.
| Trigger | Threshold | Requirement |
|---|---|---|
| GST registration (goods) | Rs 40 lakh* | Register & file GST returns |
| GST registration (services) | Rs 20 lakh* | Register & file GST returns |
| Tax audit u/s 44AB — business | Turnover > Rs 1 crore | Audit by a CA (Form 3CA/3CD) |
| Tax audit — cash ≤ 5% | Turnover > Rs 10 crore | Higher limit if cash receipts & payments ≤5% |
| Tax audit — profession | Receipts > Rs 50 lakh | Audit by a CA |
| Statutory audit (companies) | Any company | Mandatory under Companies Act 2013 |
* Rs 10 lakh in special-category states. The Rs 10 crore business limit applies only when BOTH cash receipts and cash payments are within 5% of totals. Verify current figures for your case with a CA.
Missing an TDS return deadline or under-paying advance tax attracts interest under Sections 234B/234C and late fees under 234E. We track quarterly due dates and compute advance-tax instalments so you never pay avoidable interest.
The MSME 45-Day Payment Rule (Sec 43B(h))
Section 43B(h) of the Income-tax Act is a compliance trap for businesses that buy from small suppliers. If your vendor is a Udyam-registered micro or small enterprise, you must pay them within the MSMED-Act time limit — 15 days where there is no written agreement, or the agreed date subject to an outer cap of 45 days.
- If unpaid by 31 March, the expense is disallowed for that year and only allowed in the year you actually pay.
- Applies only to suppliers registered as micro or small on the Udyam portal — medium enterprises and unregistered vendors are outside its scope.
- Udyam registration is free at udyamregistration.gov.in — beware fake fee-charging sites.
You cannot apply 43B(h) unless you know which suppliers are Udyam-registered micro/small units. Part of clean accounting is flagging vendor MSME status in the ledger and reconciling outstanding creditors before year-end so nothing is disallowed on your income-tax return.
Budget 2025 also reshaped the default new regime — zero tax up to Rs 12 lakh (Rs 12.75 lakh for salaried, via the Rs 75,000 standard deduction) under the Section 87A rebate, and the ITR-U updated-return window extended to 48 months. We factor these into your year-end planning. See our new tax regime and income-tax slabs guides.
Outsource accounting if
- You are past 30–40 transactions a month
- You have GST, TDS and payroll to run
- Your turnover is nearing the audit limit
- You want a CA reviewing books, not just software
DIY may be fine if
- You are a freelancer below the GST threshold
- Very few invoices and no TDS
- No employees and simple ITR-1/4
- You are comfortable reconciling AIS yourself
Not sure which thresholds apply to your business?
Talk to a TaxClue Accountant →Accounting Services — Frequently Asked Questions
Related TaxClue services
Accounting, GST, TDS & ITR — One CA-Led Team
Keep your books clean and every statutory filing on time. Our CA-led team handles bookkeeping, GST and TDS returns, tax audit, MSME compliance and ITR filing — 100% online, across India.