Welcome to SUNEEL PHANI AND ASSOCIATES

SUNEEL PHANI AND ASSOCIATES, is a Chartered Accountancy firm registered with the institute of Chartered Accountants of India in the year 2009 The full-fledged operation of the firm started the same year with the mission to provide a comprehensive range of financial services to its clients. We are a team of distinguished chartered accountants, corporate financial advisors and tax consultants . We offer our expertise in the areas of Auditing, Direct Taxat, Indirect Tax, BPO and Company Law related matters.

Our firm of chartered accountants represents a coalition of specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced persons who are committed to add value and optimize the benefits accruing to clients. Close and continuous communication with clients is one of our top priorities.

OUR COMMITMENT

To provide full range of high quality services in auditing, accounting, taxation and management consultancy.
To carry out all aspects of our work with high level of professionalism and excellence.
To offer value for money for the services we provide.

Our Service Offerings

Company Registration

Considering registering company in India and that too in a fast and hassle-free...

LLP/Partnership Registration

In the era of globalization entrepreneurship is the need of the...

SEZ/STPI/EOU Registration

The project report has to be proposed to the Development Commissioner Officer ...

Proprietorship Registration

is the easiest form of business done in India since it isn’t governed by any specific laws...

NGO Registration

We understand that for a startup, the primary focus is to grow their ...

Accounting Services

Whether you own a small business or a franchise spread throughout India...

PAN and TAN

Outsourcing finance and accounting services to a professional...

Virtual CFO Services

Our Virtual CFO service partners you up with a remote team of Accountants...

Employee Assistance Programme - HR/IR Solutions

We provide Human Resource services to organizations along with tools...

Transfer Pricing

Due to huge influx of Foreign Direct Investment in India there has been ...

Fund Raising

An audit require detailed analysis of the financial statements of the ...

GST Registration & Returns

GST return is a format where a taxpayer registered under the GST ...

News Section

News

13 Apr 26
GSTN Update: Pre-Deposit Percentage Now Editable for Appeals Filed in Form APL-01
Shri Anand Kumar Pal Appointed Chief Adviser (Cost) in Ministry of Finance from 10th April 2026
CBDT Issues Corrigendum to ITR Forms 2026
New Form No. 143 Replaces Form 27EQ for TCS Quarterly Returns from April 2026
12 Apr 26
Madras HC: GST Refund Can’t Be Denied on Limitation if Amount Was Paid Under Protest During Appeal
Karnataka HC Sets Aside Ex Parte GST Order and Bank Attachment for Violation of Natural Justice
GST Confiscation Order Can’t Be Issued Without a Fair Hearing U/S 130, Uttarakhand HC Quashes Order
11 Apr 26
IT Dept Launches Kar Saathi AI Chatbot to Simplify ITR Filing for AY 2026-27
MSMEs Raise Concerns Over GST Issues and Complex Procedures, Call for Quick Refunds
GSTN Allows Editable Pre-Deposit Percentage in Form APL-01 Appeals
10 Apr 26
New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors
Form FN 110 Filing Made Mandatory for NGOs Altering Accumulation Plans
Jharkhand High Court: Writ Petition Not Maintainable After Missing 120-Day GST Appeal Deadline
Punjab & Haryana HC Calls GST Notice Vague for Alleging Excess ITC Without Evidence
GSTAT Dismisses Profiteering Allegations Against Sobha Ltd in GST Case
09 Apr 26
CBDT Revises Form 49B: New Rules for TAN Application
RBI May Cut Rates Amid Global Uncertainty, Says FM Sitharaman
Top Income Tax Sections You Must Know in the New Law
GSTN Rolls Out IMS Excel-Based Utility v1.0 to Ease GST Compliance
MCA Reminds Stakeholders to Submit NDH-3 Forms by 30th April 2026
08 Apr 26
Foreign Remittance Compliance 2026: New Form 15CA & 15CB Rules Simplified
RBI May Cut Rates Amid Global Uncertainty, Says FM Sitharaman
GSTN Introduces IMS Offline Utility v1.0 to Simplify Taxpayer Compliance
Ahmedabad ITAT Grants Relief to Senior Citizen, Condones 153-Day Delay; Orders Fresh Assessment
IT Utility Eases Comparison of Old vs. New Tax Rules (1962 vs 2026)
Uttarakhand HC: Filing NIL GST Returns Is Not a Valid Ground for Cancellation of Registration
07 Apr 26
New Income Tax Forms 97 & 98 Replace Form 60 & 61 from April 2026
New Income Tax Form 104 Replaces Form 10A: Auto-Fill, Fewer Documents, Faster Approval for Trusts
New Income Tax Form 112 Replaces Form 10B & 10BB for NPOs from April 2026
Delhi High Court Quashes Notice Pursued by IT Department for 9-Year-Old Tax Dues
J&K–Ladakh HC Allows GST Registration Revival Despite Time-Barred Appeal
P&H HC Quashes GST Assessment Order for Ignoring Assessee’s Reply to SCN in ITC Fraud Case
06 Apr 26
GST Council meeting likely in end-May or June
Salient Features of New Income Tax Act, 2025
New Income Tax Forms 97 & 98 Replace Form 60 & 61 from April 2026
05 Apr 26
New Draft Format for TDS/TCS Book Adjustment: Full Details, Applicability & Compliance Guide
Madras HC Quashes GST Cancellation for 6-Month Non-Filing, Cites Health and Financial Hardship
Ahmedabad ITAT Sets Aside Sec 271(1)(c) Penalty on Axis Bank Over Bona Fide Accounting Method
ROC Gwalior Imposes ?1.76 Lakh Penalty on Company and Directors for Non-Filing u/s 137
04 Apr 26
Calcutta HC Quashes GST Refund Rejection Over 15-Day Reply Violation
How GST Software Handles Notices & Hearings Easily U/S 73
03 Apr 26
New Tax Payment Challans Go Live on Income Tax Portal from 1st April 2026 Under IT Act 2025
Gujarat HC Quashes GST Appeal Rejection Over Non-Appearance
Bombay HC Quashes Extended GST ITC Blocking, Says One-Year Limit Under Rule 86A Is Mandatory
CBDT Introduces New Tax Payment Challans on Portal Effective April 1, 2026
Gauhati HC: GST Cancellation Proceedings Must Be Dropped if Returns Filed and Dues Paid
02 Apr 26
New PAN Correction Rules 2026: CBDT Introduces Forms PAN CR-01 & CR-02
Gujarat HC: Cross-State GST ITC Transfer Allowed in Case of Amalgamation
ICAI Announces One-Time Window (Apr 1–30) to Generate Missed UDINs for Past Documents
Uttarakhand HC Dismisses Petition Against GST Order; Pre-Deposit for Appeal Can’t Be Bypassed
March 2026 GST Revenue Collection Rises 8.2% to ?1.78 Lakh Crore

13 Apr 26

GSTN Update: Pre-Deposit Percentage Now Editable for Appeals Filed in Form APL-01

Shri Anand Kumar Pal Appointed Chief Adviser (Cost) in Ministry of Finance from 10th April 2026

CBDT Issues Corrigendum to ITR Forms 2026

New Form No. 143 Replaces Form 27EQ for TCS Quarterly Returns from April 2026

12 Apr 26

Madras HC: GST Refund Can’t Be Denied on Limitation if Amount Was Paid Under Protest During Appeal

Karnataka HC Sets Aside Ex Parte GST Order and Bank Attachment for Violation of Natural Justice

GST Confiscation Order Can’t Be Issued Without a Fair Hearing U/S 130, Uttarakhand HC Quashes Order

11 Apr 26

IT Dept Launches Kar Saathi AI Chatbot to Simplify ITR Filing for AY 2026-27

MSMEs Raise Concerns Over GST Issues and Complex Procedures, Call for Quick Refunds

GSTN Allows Editable Pre-Deposit Percentage in Form APL-01 Appeals

10 Apr 26

New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors

Form FN 110 Filing Made Mandatory for NGOs Altering Accumulation Plans

Jharkhand High Court: Writ Petition Not Maintainable After Missing 120-Day GST Appeal Deadline

Punjab & Haryana HC Calls GST Notice Vague for Alleging Excess ITC Without Evidence

GSTAT Dismisses Profiteering Allegations Against Sobha Ltd in GST Case

09 Apr 26

CBDT Revises Form 49B: New Rules for TAN Application

RBI May Cut Rates Amid Global Uncertainty, Says FM Sitharaman

Top Income Tax Sections You Must Know in the New Law

GSTN Rolls Out IMS Excel-Based Utility v1.0 to Ease GST Compliance

MCA Reminds Stakeholders to Submit NDH-3 Forms by 30th April 2026

08 Apr 26

Foreign Remittance Compliance 2026: New Form 15CA & 15CB Rules Simplified

RBI May Cut Rates Amid Global Uncertainty, Says FM Sitharaman

GSTN Introduces IMS Offline Utility v1.0 to Simplify Taxpayer Compliance

Ahmedabad ITAT Grants Relief to Senior Citizen, Condones 153-Day Delay; Orders Fresh Assessment

IT Utility Eases Comparison of Old vs. New Tax Rules (1962 vs 2026)

Uttarakhand HC: Filing NIL GST Returns Is Not a Valid Ground for Cancellation of Registration

07 Apr 26

New Income Tax Forms 97 & 98 Replace Form 60 & 61 from April 2026

New Income Tax Form 104 Replaces Form 10A: Auto-Fill, Fewer Documents, Faster Approval for Trusts

New Income Tax Form 112 Replaces Form 10B & 10BB for NPOs from April 2026

Delhi High Court Quashes Notice Pursued by IT Department for 9-Year-Old Tax Dues

J&K–Ladakh HC Allows GST Registration Revival Despite Time-Barred Appeal

P&H HC Quashes GST Assessment Order for Ignoring Assessee’s Reply to SCN in ITC Fraud Case

06 Apr 26

GST Council meeting likely in end-May or June

Salient Features of New Income Tax Act, 2025

New Income Tax Forms 97 & 98 Replace Form 60 & 61 from April 2026

05 Apr 26

New Draft Format for TDS/TCS Book Adjustment: Full Details, Applicability & Compliance Guide

Madras HC Quashes GST Cancellation for 6-Month Non-Filing, Cites Health and Financial Hardship

Ahmedabad ITAT Sets Aside Sec 271(1)(c) Penalty on Axis Bank Over Bona Fide Accounting Method

ROC Gwalior Imposes ?1.76 Lakh Penalty on Company and Directors for Non-Filing u/s 137

04 Apr 26

Calcutta HC Quashes GST Refund Rejection Over 15-Day Reply Violation

How GST Software Handles Notices & Hearings Easily U/S 73

03 Apr 26

New Tax Payment Challans Go Live on Income Tax Portal from 1st April 2026 Under IT Act 2025

Gujarat HC Quashes GST Appeal Rejection Over Non-Appearance

Bombay HC Quashes Extended GST ITC Blocking, Says One-Year Limit Under Rule 86A Is Mandatory

CBDT Introduces New Tax Payment Challans on Portal Effective April 1, 2026

Gauhati HC: GST Cancellation Proceedings Must Be Dropped if Returns Filed and Dues Paid

02 Apr 26

New PAN Correction Rules 2026: CBDT Introduces Forms PAN CR-01 & CR-02

Gujarat HC: Cross-State GST ITC Transfer Allowed in Case of Amalgamation

ICAI Announces One-Time Window (Apr 1–30) to Generate Missed UDINs for Past Documents

Uttarakhand HC Dismisses Petition Against GST Order; Pre-Deposit for Appeal Can’t Be Bypassed

March 2026 GST Revenue Collection Rises 8.2% to ?1.78 Lakh Crore

Due Date Reminder

Jan	Feb	Mar	Apr	May	June
July	Aug	Sep	Oct	Nov	Dec
All

15 Apr 26 E-Payment of PF for March.

15 Apr 26 Payment of ESI for March

15 Apr 26 Upload of Statement of Foreign Remittances by banks and other authorised dealers for January-March.

18 Apr 26 Payment of GST by Composition taxpayers for January-March .

20 Apr 26 Monthly Return by persons outside India providing online information and data base access or retrieval services, for March.

20 Apr 26 Add/amend particulars (other than GSTIN) in GSTR-1 of March. It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B.

20 Apr 26 Summary Return cum Payment of Tax for March by Monthly filers. (other than QRMP).

22 Apr 26 Add/amend particulars (other than GSTIN) in GSTR-1 of Mar quarter by Quarterly filers in Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep. . It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B.

22 Apr 26 Summary Return of January-March quarter by Quarterly filers in Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep.

25 Apr 26 Half yearly Details of goods/capital goods sent to & from job worker for October -March for turnover above 5 cr.

25 Apr 26 Yearly Details of goods/capital goods sent to & from job worker for April-March for turnover upto 5 cr.

28 Apr 26 Return for March by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.

30 Apr 26 Taxpayers with Turnover upto Rs 5 Crores in 2025-26 can opt in or opt out of QRMP Scheme from April-June quarter. Those already availing the scheme not required to reapply.

30 Apr 26 Payment of TDS deducted in March (both Salary & non-salary)

30 Apr 26 Details of Deposit of TDS/TCS of March by book entry by an office of the Government.

30 Apr 26 Deposit of TDS u/s 194-IA on payment made for purchase of property in March.

30 Apr 26 Deposit of TDS u/s 194-IB @ 5% on total payment of Rent more than 50,000 pm by individual or HUF (not liable to tax audit) during FY 23-24. (In case of termination of lease during the year, TDS is to be deposited within 30 days of the next month).

30 Apr 26 Deposit of TDS on certain payments made by individual/HUF u/s 194M for March.

30 Apr 26 Deposit of TDS on Virtual Digital Assets u/s 194S for March.

30 Apr 26 Uploading declarations received in Form 15G/15H for Mar quarter.

30 Apr 26 e-filing of declarations containing particulars of Form 60 received during October - March.

30 Apr 26 Half yearly Statement of Financial Transactions by Depositories, Registrars & Share Transfer Agents for reporting of information relating to Capital gains on transfer of listed securities or units of Mutual Funds from Oct -Mar.

30 Apr 26 Disclosure of dues of more than 45 days to MSME Suppliers by companies from Oct to Mar.

30 Apr 26 Opening of Bank Account for Un-spent CSR Account and transfer of unspent CSR amount to that account (For Cos to whom CSR is applicable)

30 Apr 26 Annual Return of Dormant Company for FY 2025-26.