Decisions
Compare your options
Old regime or new. LLP or private limited. Which ITR form. These are the questions people actually type, each answered with a criteria table and a plain recommendation — not with “it depends on your situation”.
Old regime or new regime — which one leaves you better off?
The new tax regime has lower slab rates and almost no deductions; the old regime has higher rates and lets you claim 80C, 80D, HRA and home loan interest. Which one costs you less is arithmetic, not preference, and the answer flips depending on how much you actually claim — as a rough line, someone with a home loan and full 80C is usually better off in the old regime, and someone with few deductions is better off in the new one.
New regime · Old regime
ComparePrivate limited, LLP or OPC — which structure should you register?
A private limited company can issue equity shares and is the only one of the three that institutional investors will fund; an LLP gives comparable limited liability with materially lighter annual compliance and no statutory audit below turnover thresholds; an OPC is a private limited company for a founder working alone. The decision comes down to two questions — will you raise outside investment, and how much claim exposure does the business actually carry — and everything else follows from those..
Private limited · LLP · OPC
CompareWhich ITR form should I file?
ITR-1 covers salary, one house property and modest other income; ITR-2 adds capital gains, a second house and foreign income; ITR-3 is for anyone with business or professional income on regular books; ITR-4 is the presumptive-taxation form for business and professional income under sections 44AD and 44ADA. Filing on the wrong form makes the return defective under section 139(9), which starts a fifteen-day clock most people do not notice until it has run..
ITR-1 · ITR-2 · ITR-3 · ITR-4
CompareFiling through a portal or through a professional — what is the actual difference?
A self-service portal reads your Form 16, fills the form and files it, which is enough when the return is a single salary and nothing else. A professional reconciles the Form 16 against the AIS and 26AS, decides the regime on your real numbers, picks the right form, and deals with the notice if one arrives eighteen months later.
Self-service portal · Assisted filing
CompareGST composition scheme or the regular scheme?
The composition scheme charges a flat 1% of turnover for traders and manufacturers and 5% for restaurants, with no input credit and no GST charged to customers, and reduces filings from monthly to quarterly. The regular scheme charges the normal rate, allows input credit, and lets your customers claim credit on your invoices.
Composition · Regular
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