Demand cut from ₹10,050 to ₹1,310
TaxSavvy for ITC mismatch
Credit not in GSTR-2B? Stop losing input tax credit.
We reconcile purchases with GSTR-2B and IMS and chase the suppliers.
If you wait: Excess credit reversed with 18% interest (CGST Sec 50(3))
What you send
Any one of these gets us started. Photos are fine.
- GST returns
- Invoices
- Bank statement
Send them on WhatsApp or upload after you start. Documents are encrypted and seen only by your CA.
How we get it done
Four steps, the same for every job. You see each one ticked.
Information
Purchase register with supplier GSTINs. Purchase invoices and debit notes
Discussion
Which invoices in your books are missing from GSTR-2B, and have those suppliers been told?. Are any invoices in IMS for goods you did not receive or that are not yours?
Forms
Download GSTR-2B (and the IMS view) after the 14th. Match purchase register with GSTR-2B invoice by invoice
Deliverables
Monthly ITC reconciliation sheet. Vendor mismatch and follow-up list
See what you get, free
Real formats, made with dummy data.
Sample Sample ₹30,700 leaking every month
Sample Books from your bank statement
13 bank lines, books balanced
Questions, answered the CA way
Facts, Provisions and law, Analysis, Conclusion.
GSTR-2A / 2B mismatch notices: ITC reversal demands
- Facts
- The most common GST notice: your GSTR-2B shows less ITC than what you claimed in GSTR-3B. Reasons: vendor didn't file GSTR-1, vendor filed after your return date, invoice uploaded incorrectly.
- Provisions and law
- CGST Act, Sec 16(2)(aa), 16(4) | Rule 36(4)
- Analysis
- Sec 16(2)(aa): ITC is available only on invoices appearing in GSTR-2B. If not in GSTR-2B, ITC must be reversed with interest (18% per annum). Defence: Get vendor to file/amend their GSTR-1. Once vendor files, the invoice appears in your GSTR-2B and ITC can be claimed. Chasing vendors is now a mandatory compliance activity.
Job Switch Complete Checklist: Tax and Financial Action List
- Facts
- A job switch triggers 12 separate financial and tax actions. Most people only negotiate the new salary. They miss: Form 122 (old Form 12B) to new employer, PF transfer, health insurance gap, gratuity eligibility, Section 157, Income-tax Act 2025 (old Sec 89) on joining bonus, two Form 16s in ITR. Getting these wrong costs ₹30,000 to ₹1,50,000 in unnecessary tax.
- Provisions and law
- Sec 392 (old 192(2)); Sec 11 (old 10(12)); Payment of Gratuity Act 1972; IRDAI Group Health
- Analysis
- The 12 critical actions on a job switch: (1) Form 122 (old Form 12B) to new employer (Day 1). (2) PF transfer, Form 13 (within 60 days). (3) Check gratuity eligibility from old employer. (4) Get Form 130 (old Form 16) from old employer after leaving. (5) Understand full and final settlement components. (6) Health insurance: buy individual policy before last day (or apply continuation within 30 days). (7) Tax on joining bonus, Section 157 (old Sec 89) relief if applicable. (8) Salary hike month, plan for provisional TDS on higher salary. (9) Non-compete clause review. (10) Two Form 16s in ITR, add correctly. (11) PF 5-year continuity: transfer, never withdraw < 5 years. (12) Reference letter and BGV documents ready. Form 122 (old Form 12B), the most missed step: On your first day at new employer: submit Form 122 (old Form 12B) with old employer's salary details (gross salary, TDS, PF, etc. from April 1 to last day at old employer).
- Conclusion
- Before last day: get Form 130 (old Form 16) / salary certificate from old employer for the partial year
- Day 1 at new employer: submit Form 12B, old employer salary, TDS, period details
- Day 1: submit investment declarations in Form 124 (old Form 12BB) to avoid over-TDS early in year
- Within 30 days: file UAN activation and link Aadhar/PAN if not done, enables PF transfer
Pitch Package
- Facts
- Stage: Pitch, what you show investors.
- Provisions and law
- Analysis
- Documents: Pitch deck (15-20 slides); Product demo (link or recorded video); Market sizing analysis (TAM/SAM/SOM); Competitive landscape analysis; Go-to-market plan; Use of funds breakdown; Team CVs / LinkedIn profiles; Reference customers / LOIs; IP filing receipts (if applicable); Awards / accelerator certificates; Press coverage links.
- Conclusion
- Pitch deck (15-20 slides)
- Product demo (link or recorded video)
- Market sizing analysis (TAM/SAM/SOM)
- Competitive landscape analysis
The 7 patterns that generate 80% of all notices
- Facts
- 1. AIS not reconciled before filing: Annual Information Statement has 50+ data categories. Any item in AIS not in your ITR = guaranteed notice. Download AIS before filing every year.
- Provisions and law
- AIS (Sec 285BB, now 510) | SFT (Sec 285BA) | GSTR-2B | 26AS (now Form 168)
- Analysis
- 2. TDS mismatch: Your Form 16 (now Form 130) shows ₹2L TDS but 26AS (now Form 168) shows ₹1.9L deposited. File ITR with 26AS (now Form 168) figures, not Form 16 (now Form 130), and follow up with employer to correct the mismatch. 3. High-value cash deposits: ₹10L+ in savings account in a year gets reported via SFT. If you can't explain the source with documented income, you'll get a notice. 4. GSTR-2B not reconciled: Claiming more ITC than GSTR-2B shows = ITC reversal notice + 18% interest. 5. Capital gains not reported: MF redemptions, stock sales, property sale, all reported via SFT. Missing these = notice. Include all in Schedule CG. 6. Rental income not declared: Bank SFT now catches rent payments above ₹50K/month. Tenants' AIS shows rent paid. Your AIS shows rent received. If it's not in your ITR, you get a notice. 7. Cash transactions above ₹2L: Sec 269ST. Receiver of ₹2L+ cash in one transaction faces 100% penalty on the amount.
Credit not in GSTR-2B? Stop losing input tax credit.
A Chartered Accountant handles it. Fixed price, told before you pay.
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