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Rabi Agrawal & AssociatesChartered AccountantsRaipur & Kalahandi (Odisha)
Income Tax Advisory & Compliance

Income Tax Advisory & Compliance

Practice Overview

Income Tax Advisory & ComplianceServices & Regulatory Framework

Chartered Accountancy services in Raipur, Chhattisgarh & Kalahandi, Odisha. Partner-led engagement ensuring full statutory compliance under applicable laws.

Income tax touches every taxpayer at three points during the year, and each has moved this year in ways worth understanding before assuming last year's position still holds. The return itself now has a later deadline for a category of filer that did not have one before. The deduction obligation on payments to others has been entirely renumbered, with new forms in place of forms that had been used for decades. And the law under which all of it operates has been replaced for the first time since 1961, even though the return being filed right now still runs on the old one.

We advise on income tax compliance for individuals, professionals, firms, LLPs and companies across Raipur and Chhattisgarh.

Core Practice Areas

Income Tax Return (ITR) Filing in Raipur

Selecting the correct return form, computing income under each head, comparing the old and new tax regimes on actual figures, and handling the transition to the Income-tax Act, 2025.

TDS Return Filing & Compliance

Deduction, deposit, and quarterly reporting under the new Form 138, 140, 143 and 144 numbering that replaced the old 24Q, 26Q, 27EQ and 27Q forms from 1 April 2026.

Income Tax Notices, Assessment & Appeals

Replying to scrutiny and reassessment notices, understanding which law governs a notice for an earlier year, and appeals to the Commissioner and the Tribunal where a matter is contested.

Direct Advisory

Schedule Consultation

Speak directly with our partner-led team for professional guidance or regulatory compliance.

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Call Directly

+91 86978 14116

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Email Inquiry

rabiagrawal.associates@gmail.com

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Office Locations:

• Raipur: Shyam Plaza, Pandri

• Kalahandi: Main Road, Jayapatna

Clear Answers

Frequently Asked Questions

Does the new Income-tax Act, 2025 affect my return this year?
Not directly. The return for income earned before 1 April 2026 is governed by the Income-tax Act, 1961, in its familiar form. The new Act applies to income earned from 1 April 2026 onwards, reported in returns filed from 2027. The main practical effect this year is that correspondence, forms and section references are beginning to change even though your current filing still runs on the old ones.
When is my income tax return due this year?
It depends on which return applies to you. Salaried individuals filing the simpler forms generally have an earlier deadline than business and professional taxpayers filing without a tax audit, who now have a later one — a genuine change this year rather than merely last year's extension repeating. Where a tax audit applies, the return follows the audit report by about a month. We confirm the specific date applicable to your filing.
Have the TDS forms changed?
Yes, entirely, from 1 April 2026. The forms known for years as 24Q, 26Q, 27EQ and 27Q have been replaced by new numbers, and the underlying sections for common categories of deduction have been consolidated and renumbered. For any quarter up to 31 March 2026, including a correction or belated filing made today, the old forms still apply — the changeover applies to periods, not to the date of filing.
I received a notice quoting an old section number. Does that mean it's invalid now the law has changed?
No. The old Act continues to govern assessment, reassessment and appeal proceedings for years before the transition, even after the new Act has come into force for later years. A notice for an earlier year is not defective merely because it references the old law — though the notice may still be open to challenge on other grounds, such as whether it was issued within the applicable time limit, which is a separate question from which Act applies.
How long will both the old and new systems run side by side?
Effectively for the next two to three years, since assessment, reassessment and appeal proceedings for pre-transition years continue under the old Act for as long as those years remain open, while everything from 1 April 2026 onwards runs under the new one. This is not a brief transitional inconvenience — it is the ordinary state of affairs for some time yet, and any business with matters spanning both periods needs both frameworks understood together rather than treated as sequential.
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