Whether you're a salaried professional, independent consultant, doctor, or small business owner — we go beyond filing your return to help you understand your tax position, plan ahead, and legally reduce your outgo.
Talk to usTax obligations for individuals are more nuanced than they appear — especially once income comes from more than one source.
Most people file their ITR in July or March with whatever their employer's Form 16 shows — without reviewing whether the deductions claimed are complete, whether the right regime has been chosen, or whether there are legitimate exemptions being missed. The difference is often meaningful.
Salary plus freelance income, rental income from a property, capital gains from selling shares or mutual funds, interest on fixed deposits — each carries different tax treatment, different reporting requirements, and different TDS implications. Getting this wrong can mean notices, penalties, or missed refunds.
Independent professionals — consultants, designers, architects, coaches — often cross the GST threshold without realising they are now required to register, issue GST-compliant invoices, and file returns quarterly. Non-compliance in this area attracts interest and penalties that compound over time.
Most individuals reach out to a CA in the last week before the deadline. By that point, the financial year is closed and the tax liability is fixed — there is nothing left to plan. The opportunities to reduce your tax outgo legally all exist earlier in the year, not at the time of filing.
NRI tax obligations are more involved than most people realise: whether you need to file an ITR depends on your residential status and Indian income sources; DTAA provisions may reduce what you owe; any repatriation of funds or investment in Indian assets triggers FEMA compliance. Getting this wrong — or simply not filing — can result in notices, penalties, and complications when moving money between countries.
We handle your compliance completely, and work with you through the year so your tax position is always understood — not just reported after the fact.
We prepare and file your income tax return accurately across all applicable income heads — salary, business or professional income, capital gains, rental income, and other sources. We review your Form 26AS, AIS, and TDS certificates to ensure every credit is captured, reconcile any mismatches before filing, select the appropriate ITR form and tax regime (old versus new), and ensure all deductions and exemptions you are entitled to are claimed. For individuals with complex income profiles — multiple employers, ESOPs, foreign income, or significant capital market activity — we manage the additional reporting and disclosure requirements that apply.
The right time to plan your taxes is during the financial year — not after it closes. We review your income, investments, and expenses mid-year to identify tax-saving opportunities you may not have considered: optimal utilisation of Section 80C, 80D, and HRA exemptions; timing of capital gains realisations; advance tax liability assessment to avoid interest under Sections 234B and 234C; and evaluation of whether the old or new tax regime is more beneficial for your specific profile. For individuals with equity compensation (ESOPs or RSUs), we also advise on exercise and sale timing to minimise the overall tax impact.
Freelancers, consultants, and independent professionals providing taxable services are required to register for GST once their turnover crosses the applicable threshold — or from day one if they provide inter-state services. We assess whether registration is required, handle the GST registration process, and then manage ongoing compliance: GST-compliant invoicing, monthly or quarterly return filings (GSTR-1 and GSTR-3B), input tax credit reconciliation, and annual return filing. For professionals new to GST, we also advise on invoicing practices and record-keeping requirements.
For individuals earning significant professional or business income, the choice of operating structure — as a sole proprietor, in a private limited company, or through an LLP — carries meaningful tax and liability implications. We advise on whether formalising your income into a separate legal entity makes sense for your situation, the tax impact of switching structures, optimal remuneration arrangements, and how to separate personal and business finances in a way that is both tax-efficient and compliant. We also advise on property transactions, gift structuring, and inheritance planning for individuals managing family wealth.
A Hindu Undivided Family (HUF) is a separate tax entity that can hold assets, earn income, and claim its own set of deductions — effectively creating an additional basic exemption slab and 80C limit for the same family. For families with inherited property, rental income, or significant investment portfolios, an HUF can be a legitimate and meaningful tax planning tool. We advise on whether creating an HUF makes sense for your family's situation, handle HUF PAN and account setup, manage annual ITR filings for the HUF, and structure contributions and distributions in a compliant manner.
We assist NRIs, returning residents, and individuals with foreign income or assets on their Indian tax and FEMA obligations. For NRIs, this covers residential status determination (which governs what is taxable in India), ITR filing with DTAA benefit claims to avoid double taxation, taxation of income from Indian assets (property, investments, fixed deposits), and reporting of foreign assets under Schedule FA. On the FEMA side, we advise on compliance for overseas investments, repatriation of funds, and requirements for NRIs investing in India. For returning residents, we navigate the transition in residential status — particularly for foreign accounts, assets, and pensions that may suddenly become reportable in India.
Receiving a tax notice is unsettling — but most notices are resolved cleanly when responded to correctly and promptly. We handle the full range of income tax proceedings for individuals: scrutiny assessments under Section 143(3), notices under Sections 148 and 148A (reopening of assessments), defective return notices, and demands arising from mismatches between your ITR and Form 26AS or AIS. Where a notice escalates to an appeal, we prepare and file appeals before the Commissioner of Income Tax (Appeals) and represent you at hearings. We also advise individuals on GST notices where applicable — particularly freelancers and consultants who may receive scrutiny from the GST department.
We have filed returns for salaried employees, independent consultants, doctors, business owners, NRIs, and individuals with complex investment and capital gains profiles. That breadth means we're familiar with the full range of situations individuals face — and know where the edge cases and common errors tend to appear.*
Most people engage a CA twice a year — at advance tax time and at filing time. We work with individuals year-round: mid-year check-ins on investment planning, ESOP exercise advisory, capital gains timing, and proactive regime evaluation. By the time filing season arrives, there is nothing left to decide — just accurate reporting of a well-planned year.
Many individuals have their ITR filed by one person, their GST managed by another, and no one advising on whether their overall structure makes sense. We handle all three under one roof — which means your income tax, GST compliance, and any structuring decisions are looked at together, not in isolation, and advice in one area doesn't create problems in another.
* These figures represent the collective professional experience of our team members from their individual practices and prior engagements, brought together under Aneri R Shah & Associates.
Share a quick overview of your income sources and we'll let you know how we can help — whether it's just filing, year-round planning, or a more structured review.