Welcome to Chennai Audit

Chennai Audit started at 2009 in porur, Chennai Audit is headed by SIVA RAJ.G, B.com, CA, MBA. we grown up with our professional team and hardwork. Our aim, have to cover all over tamil nadu. we strongly believe of us and everyone on the team plays a important role in achieving our shared dreams and ambitions.

We planed to help New Entrepreneurs with simple idea that doing business in South India should be easy and range of business services from incorporation to tax filing.

Chennai Audit is the largest online business services platform in South India to helping business people to easily start and manage their business by the legal advice and regulatory requirements.

we have experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Ex-Bankers and Financial Experts all over India to provide a comprehensive range of services for small, large and medium sized enterprises.

Our Services

Audit And Assurance Services

Bank Statutory Audits, Concurrent Audits and Stock Audits

Business Solutions

Business plan, cash flow projections, budgets, trading forecasts and funds raising.

Corporate Law

Advise on liquidation / de-registration of companies under the Companies Act.

Direct Tax

‘Represent’ and ‘advise on representation’ before the income tax authorities.

Indirect Tax

Help file and register with sales tax, central excise and service tax authorities.

News

17 Aug 26
Rectification, Assessment and Appeals Under Income Tax Act 2025
IGST Settlement 2026: New Rules Address ITC Reversals, Credit Alignment and Clarity
CBDT Issues FAQs on Section 536 Transition Provisions Under Income Tax Act, 2025
16 Aug 26
Rectification, Assessment and Appeals Under Income Tax Act 2025
Delhi HC Defers Decision on GST Penalty for Non-Taxable Persons Under Section 122(1) Pending SC Proceedings
15 Aug 26
Delhi HC: Advocates Acting as Insolvency Professionals Mandated to Obtain GST Registration
CBDT Grants IT Exemption to District Legal Service Authority, Panchkula U/S 10(46)
Insurance Sector Needs Faster RBC Implementation and GST Rationalisation, Says Parliamentary Panel
14 Aug 26
Tax Benefits for Senior Citizens in FY 2026-27: Deductions, TDS Relief and ITR Exemptions
Kerala HC: ITC Benefit Cannot Be Denied Merely Due to Delay in Rectification
ITR-7 Online Utility for AY 2026-27 Now Available on Income Tax Portal
GST Council: Andhra Pradesh Takes the Lead in AI-Driven Tax Administration & Data Analytics
13 Aug 26
ITR-7 Online Utility Enabled on Income Tax Portal for AY 2026-27
NCLT Launches e-Inspection and e-Certified Copy Services to Enhance Digital Access for Stakeholders
12 Aug 26
Karnataka HC Rules GST Can’t Be Levied on Building Plan Sanction Charges
High GST Rate on Kraft Paper Raises Concerns in the Corrugated Packaging Industry
SC Holds Omission of GST Rule 96(10) Covers Pending IGST Refund Applications
11 Aug 26
Income Tax Department Releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27
Delhi ITAT Directs CIT(A) to Decide Whether CAM Charges Attract 2% TDS U/S 194C or 10% U/S 194-I
Bengaluru ITAT: Fresh Tax Demand Cannot Be Raised Through Computation Sheet After Returned Income Is Accepted
10 Aug 26
GST E-Way Bill Generation Increases 139.79 Million in July 2026, Up 5.98% YoY
Delhi ITAT Holds Section 12AB Registration Can’t Be Refused Over Loans to Related Parties
CESTAT Hyderabad Allows Excise Duty Exemption on Tailor-Made Castings for Wind Power Generators
09 Aug 26
GSTN Introduces Mandatory Email Verification for TRN Access in GST Registration
Chhattisgarh HC Grants Regular Bail in ?17.18 Cr Fake GST ITC Case After DGGI Investigation
Hyderabad ITAT Upholds TDS Credit Denial for Failure to Reconcile Claim With Income
08 Aug 26
GSTN Introduces Mandatory Email Verification for TRN Access in GST Registration
Madras HC Quashes GST Order Against IRFC Over Reverse Charge and ITC Dispute
Chennai ITAT Rules Cash Withdrawals From Own Bank Account Can’t Be Treated as Unexplained Money U/S 69A
ITAT Hyderabad Grants FTC Relief Despite Delayed Form 67 Filing
07 Aug 26
Delhi HC Rules GST Registration Can’t Be Cancelled Retrospectively Without a Clear Proposal in the SCN
Renewable Energy Sector Seeks 5% GST Rate on Battery Energy Storage System Containers
Delhi ITAT Rules AO Can’t Consider Fresh Capital Gains Deduction Claim Made in the ITR
Centre Exempts Banks from Section 15(1) Restriction on Unamortized EIR Expenditure
Income Tax Department Releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27
06 Aug 26
Madras HC Sends Back IT Order Over Form 26AS & Books of Account Mismatch Treated as Undisclosed Income
Delhi HC Allows GST Return Rectification for FY 2017–18 Across GSTR-3B, 2A, and GSTR-9
Supreme Court Halts GST SCN Amid Parallel Proceedings During Pending Statutory Appeal
MCA Extends Registration Deadline for `Corporate Mitra` Course for North East Candidates Till 14th Aug 2026
RBI Keeps Repo Rate Unchanged at 5.25%
05 Aug 26
Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
Taxation and Other Laws (Amendment) Bill, 2026 Introduced in Lok Sabha
FM Sitharaman Introduces Appropriation (No. 3) Bill, 2026 in Lok Sabha
MCA Extends Registration Deadline for `Corporate Mitra` Course for North East Candidates Till 14th Aug 2026
04 Aug 26
Andhra Pradesh July GST Collections Reach ?13,283 Crore, Registering 21% Growth
Hyderabad GSTAT: 10% Pre-Deposit for GST Penalty Appeals U/S 112(8) Can’t Apply Retrospectively
Tripura High Court Rules GST ITC Can’t Be Denied for Bona Fide GSTIN Reporting Error
Rajasthan HC Allows Delayed GST Appeal Due to Ineffective Communication of Order
03 Aug 26
Haryana retains top position in state GST collection growth in first 4 months of 2026–27 financial year
RBI Finalises New Deposit Interest Rate Rules, Effective from 1st Oct 2026
July 2026 GST Revenue Surges to Rs 2.11 Lakh Crore, Registers 15.4% YoY Growth

17 Aug 26

Rectification, Assessment and Appeals Under Income Tax Act 2025

IGST Settlement 2026: New Rules Address ITC Reversals, Credit Alignment and Clarity

CBDT Issues FAQs on Section 536 Transition Provisions Under Income Tax Act, 2025

16 Aug 26

Rectification, Assessment and Appeals Under Income Tax Act 2025

Delhi HC Defers Decision on GST Penalty for Non-Taxable Persons Under Section 122(1) Pending SC Proceedings

15 Aug 26

Delhi HC: Advocates Acting as Insolvency Professionals Mandated to Obtain GST Registration

CBDT Grants IT Exemption to District Legal Service Authority, Panchkula U/S 10(46)

Insurance Sector Needs Faster RBC Implementation and GST Rationalisation, Says Parliamentary Panel

14 Aug 26

Tax Benefits for Senior Citizens in FY 2026-27: Deductions, TDS Relief and ITR Exemptions

Kerala HC: ITC Benefit Cannot Be Denied Merely Due to Delay in Rectification

ITR-7 Online Utility for AY 2026-27 Now Available on Income Tax Portal

GST Council: Andhra Pradesh Takes the Lead in AI-Driven Tax Administration & Data Analytics

13 Aug 26

ITR-7 Online Utility Enabled on Income Tax Portal for AY 2026-27

NCLT Launches e-Inspection and e-Certified Copy Services to Enhance Digital Access for Stakeholders

12 Aug 26

Karnataka HC Rules GST Can’t Be Levied on Building Plan Sanction Charges

High GST Rate on Kraft Paper Raises Concerns in the Corrugated Packaging Industry

SC Holds Omission of GST Rule 96(10) Covers Pending IGST Refund Applications

11 Aug 26

Income Tax Department Releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27

Delhi ITAT Directs CIT(A) to Decide Whether CAM Charges Attract 2% TDS U/S 194C or 10% U/S 194-I

Bengaluru ITAT: Fresh Tax Demand Cannot Be Raised Through Computation Sheet After Returned Income Is Accepted

10 Aug 26

GST E-Way Bill Generation Increases 139.79 Million in July 2026, Up 5.98% YoY

Delhi ITAT Holds Section 12AB Registration Can’t Be Refused Over Loans to Related Parties

CESTAT Hyderabad Allows Excise Duty Exemption on Tailor-Made Castings for Wind Power Generators

09 Aug 26

GSTN Introduces Mandatory Email Verification for TRN Access in GST Registration

Chhattisgarh HC Grants Regular Bail in ?17.18 Cr Fake GST ITC Case After DGGI Investigation

Hyderabad ITAT Upholds TDS Credit Denial for Failure to Reconcile Claim With Income

08 Aug 26

GSTN Introduces Mandatory Email Verification for TRN Access in GST Registration

Madras HC Quashes GST Order Against IRFC Over Reverse Charge and ITC Dispute

Chennai ITAT Rules Cash Withdrawals From Own Bank Account Can’t Be Treated as Unexplained Money U/S 69A

ITAT Hyderabad Grants FTC Relief Despite Delayed Form 67 Filing

07 Aug 26

Delhi HC Rules GST Registration Can’t Be Cancelled Retrospectively Without a Clear Proposal in the SCN

Renewable Energy Sector Seeks 5% GST Rate on Battery Energy Storage System Containers

Delhi ITAT Rules AO Can’t Consider Fresh Capital Gains Deduction Claim Made in the ITR

Centre Exempts Banks from Section 15(1) Restriction on Unamortized EIR Expenditure

Income Tax Department Releases ITR-6 Excel Utility, JSON Schema and Validation Rules for AY 2026-27

06 Aug 26

Madras HC Sends Back IT Order Over Form 26AS & Books of Account Mismatch Treated as Undisclosed Income

Delhi HC Allows GST Return Rectification for FY 2017–18 Across GSTR-3B, 2A, and GSTR-9

Supreme Court Halts GST SCN Amid Parallel Proceedings During Pending Statutory Appeal

MCA Extends Registration Deadline for `Corporate Mitra` Course for North East Candidates Till 14th Aug 2026

RBI Keeps Repo Rate Unchanged at 5.25%

05 Aug 26

Government Boosts MSME Financing Through SIDBI and ECLGS 5.0

Taxation and Other Laws (Amendment) Bill, 2026 Introduced in Lok Sabha

FM Sitharaman Introduces Appropriation (No. 3) Bill, 2026 in Lok Sabha

MCA Extends Registration Deadline for `Corporate Mitra` Course for North East Candidates Till 14th Aug 2026

04 Aug 26

Andhra Pradesh July GST Collections Reach ?13,283 Crore, Registering 21% Growth

Hyderabad GSTAT: 10% Pre-Deposit for GST Penalty Appeals U/S 112(8) Can’t Apply Retrospectively

Tripura High Court Rules GST ITC Can’t Be Denied for Bona Fide GSTIN Reporting Error

Rajasthan HC Allows Delayed GST Appeal Due to Ineffective Communication of Order

03 Aug 26

Haryana retains top position in state GST collection growth in first 4 months of 2026–27 financial year

RBI Finalises New Deposit Interest Rate Rules, Effective from 1st Oct 2026

July 2026 GST Revenue Surges to Rs 2.11 Lakh Crore, Registers 15.4% YoY Growth

Due Date Reminder

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

20 Aug 26 To add/amend particulars (other than GSTIN) in GSTR-1 of July. It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B. If incorrect values are auto-populated in Table 3.2 of GSTR-3B, correct the values by making amendments through

20 Aug 26 Summary Return cum Payment of Tax for July by Monthly filers. (other than QRMP). Auto-populated values in Table 3.2 of GSTR-3B for inter-state supplies made to unregistered persons, composition taxpayers, and UIN holders are now non-editable.

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

25 Aug 26 Deposit of GST under QRMP scheme for July .

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

30 Aug 26 Deposit of TDS on payment made for purchase of property in July.

30 Aug 26 Deposit of TDS @ 5% on total payment of Rent more than 50,000 pm by individual or HUF (not liable to tax audit) during FY 24-25, where lease has terminated in July. (Else TDS is to be deposited on annual basis by 30 April of next year.)

30 Aug 26 Deposit of TDS on certain payments made by individual/HUF for July.

30 Aug 26 Deposit of TDS on Virtual Digital Assets for July.

31 Aug 26 Application for exercising option under Explanation to section 11(1) to apply income of previous year in the next year or in future, if ITR due date is October 31.

31 Aug 26 Statement in to be furnished to accumulate income for future application u/s 10(21) or 11(1), if ITR due date is October 31.

31 Aug 26 Regularise pending MCA annual filings under CCFS 2026 Scheme without penalty but at concessional fees. Parallel route for inactive or defunct companies to opt for dormancy or strike-off.

31 Aug 26 Exercise option to opt for old regime for AY 26-27 if due date is 31 Aug.