Services
Everything a Thane or Navi Mumbai business has to file, handled in one place.
Six service lines, each with the deliverables, documents and timelines stated plainly. If your requirement is not listed, ask — it is usually a variation of something below.
In short: Casela Advisors offers GST registration and return filing, income tax return filing and planning, statutory and tax audit, private limited company and LLP registration with ROC compliance, TDS compliance, and bookkeeping with payroll and virtual CFO support — for clients in Thane, Navi Mumbai and across Maharashtra.
01 / Indirect tax
GST registration and return filing
GST is where most Thane and Navi Mumbai businesses lose money quietly — not to penalties, but to input tax credit that was available and never claimed, or claimed and later reversed because a supplier did not file.
What we do
- New GST registration and amendment of registration
- Monthly GSTR-1 and GSTR-3B filing
- Quarterly filing under the QRMP scheme
- GSTR-2B reconciliation against purchase register
- Annual return GSTR-9 and reconciliation GSTR-9C
- LUT filing for export of goods and services
- Refund applications — exports and inverted duty
- E-invoicing and e-way bill setup
- Reply to notices in ASMT-10, DRC-01 and ADT-01
What registration needs
- PAN of the business and of all promoters
- Aadhaar of the authorised signatory for e-KYC
- Proof of business premises — ownership document, or rent agreement with the owner's electricity bill
- Bank account details with a cancelled cheque or statement
- Photographs of promoters or partners
- Certificate of incorporation, MOA and AOA, or the partnership deed
- Digital signature for companies and LLPs
How long it takes
GST registration is typically granted within 7 to 15 working days of a complete application, longer if the officer raises a query in Form GST REG-03 or if physical verification of the premises is ordered.
Monthly returns are prepared and filed ahead of the due date once your sales and purchase data reaches us by the 5th of the following month.
What is the GST registration threshold in Maharashtra?
₹40 lakh of aggregate turnover for suppliers of goods and ₹20 lakh for suppliers of services, in a financial year. Registration is compulsory regardless of turnover for inter-state suppliers of goods, e-commerce sellers and operators, casual taxable persons, and persons liable to pay tax under reverse charge.
What happens if I file GSTR-3B late?
Late fee accrues per day of delay for each return, subject to a cap, and interest runs on any unpaid tax from the due date until payment. There is a further consequence people underestimate: your buyers cannot claim input tax credit on your invoices until you file, which strains commercial relationships faster than the penalty hurts.
Should I opt for the composition scheme?
Only if you sell to end consumers. The composition scheme lowers your tax rate and reduces filing to a quarterly statement, but you cannot claim input tax credit and you cannot pass credit to your buyers. For a B2B trader in Vashi APMC or Bhiwandi, that makes you commercially unattractive to registered customers. For a restaurant or a retail shop, it often makes sense.
02 / Direct tax
Income tax return filing and planning
Filing is the last five percent of the work. The decisions that change your tax outcome — regime selection, advance tax timing, capital gains structuring — all have to be made during the year, not in July.
What we do
- ITR-1 through ITR-7 preparation and filing
- Old versus new regime comparison, in writing
- Capital gains on property, shares and mutual funds
- Section 54, 54F and 54EC exemption planning
- Advance tax computation, quarterly
- Presumptive taxation under 44AD and 44ADA
- Revised, belated and updated returns
- Reply to notices under 139(9), 143(1), 142(1) and 148
- NRI residential status, DTAA relief, Form 15CA/CB
What we will ask for
- PAN and Aadhaar
- Form 16 from each employer
- Annual Information Statement and Form 26AS
- Bank interest and FD interest certificates
- Capital gains statement from your broker
- Sale and purchase deeds for property transactions
- Home loan interest and principal certificate
- Section 80C, 80D and 80G proofs
- Rent receipts and landlord PAN for HRA
How long it takes
A salaried return is normally prepared within 2 to 3 working days of receiving complete documents. Returns with capital gains, business income or foreign assets take longer because reconciliation against the Annual Information Statement is done before filing, not after a mismatch notice arrives.
Refunds, once processed by the department, generally credit within a few weeks of e-verification.
Old regime or new regime — which should I choose?
The new regime offers lower slab rates but removes most deductions and exemptions. It usually wins if you have little to claim beyond the standard deduction. The old regime usually wins where you have a substantial home loan interest claim, full Section 80C utilisation, HRA on a Thane or Navi Mumbai rent, and health insurance under 80D. The only reliable answer is a side-by-side computation on your actual numbers, which we prepare for every client rather than assuming.
I sold a flat in Thane. How much tax will I pay?
It depends on the holding period and what you do with the proceeds. Property held beyond the long-term threshold is taxed as long-term capital gain, and the tax can be reduced or eliminated by reinvesting in another residential house under Section 54, or in specified bonds under Section 54EC within the prescribed window. The reinvestment deadlines are strict and easy to miss, so this needs planning before you sell, not after. Note also that the buyer must deduct TDS under Section 194-IA on transactions above the threshold.
What if I have missed the ITR deadline entirely?
A belated return can still be filed within the window allowed, with a late filing fee and interest, and losses other than house property loss cannot be carried forward. Beyond that window, an updated return under Section 139(8A) may be available with additional tax. Filing something is almost always better than filing nothing — non-filing is what triggers the department's automated notices.
03 / Assurance
Statutory audit, tax audit and internal audit
Audit is not a formality to be completed in the last week of September. Done properly it is the one point in the year when someone independent looks at whether your controls actually work.
Companies Act 2013
Every company incorporated in India requires a statutory audit regardless of turnover, including dormant and pre-revenue companies. We conduct the audit, report under CARO where applicable, and finalise financial statements for filing in Form AOC-4.
Section 44AB
Required broadly where business turnover exceeds ₹1 crore — extended to ₹10 crore where cash receipts and payments are each within 5% of the total — or where professional gross receipts exceed ₹50 lakh. Reported in Form 3CA or 3CB with the Form 3CD annexure.
Controls and process
For businesses where cash handling, inventory movement or vendor payments have grown faster than the controls around them. Findings come with a fix, an owner and a date — not just an observation.
Bank-financed working capital
Periodic stock and receivables verification required by lenders on cash credit and overdraft facilities, with drawing power computation. Common for manufacturing and trading units across the Thane–Navi Mumbai industrial belt.
My company had no transactions this year. Do I still need an audit?
Yes. Statutory audit under the Companies Act applies to every registered company irrespective of turnover, including one with nil activity. The audit will be brief, but the financial statements still have to be prepared, audited, adopted at an AGM and filed with the Registrar of Companies. Skipping it accumulates penalties for each year of default.
When should audit fieldwork start?
For a 31 March year end, ideally in April or May. Waiting until September compresses the work into the same weeks as every other client's audit, which is precisely how errors get missed and extensions get requested. We schedule audit clients across the year rather than stacking them all into one quarter.
04 / Corporate
Company registration and ROC compliance
Companies and LLPs with a registered office in Thane or Navi Mumbai are incorporated under the Registrar of Companies, Mumbai. Incorporation is the easy part; the annual filings are where most new companies fall behind.
| Structure | Suits | Liability | Annual compliance | Outside investment |
|---|---|---|---|---|
| Private limited company | Startups raising capital | Limited | Heaviest — audit, AOC-4, MGT-7, board meetings | Equity and ESOPs possible |
| LLP | Professional firms, bootstrapped businesses | Limited | Moderate — Form 8 and Form 11 | Difficult |
| One person company | Solo founders wanting a corporate shell | Limited | Similar to private limited, slightly lighter | Not practical |
| Partnership firm | Family and small trading businesses | Unlimited | Light | By admitting partners only |
| Proprietorship | Freelancers, small traders | Unlimited | Lightest — ITR and GST only | Not possible |
What we handle
- Digital signature certificates for all directors
- Name reservation through RUN or SPICe+ Part A
- Drafting of MOA and AOA, or the LLP agreement
- SPICe+ filing with PAN, TAN, EPFO, ESIC and bank account
- Professional tax and Shop & Establishment registration in Maharashtra
- Form INC-20A commencement of business declaration
Annual ROC compliance
- Form AOC-4 — financial statements
- Form MGT-7 or MGT-7A — annual return
- Form DIR-3 KYC for every director
- Form DPT-3 return of deposits
- Board and general meeting minutes, statutory registers
- Director appointment, resignation and share transfers
Can I register a company at my residential address in Navi Mumbai?
Yes. A residential address is acceptable as a registered office provided you can furnish an ownership document or a rent agreement together with a no-objection letter from the owner and a recent utility bill for the premises. Society bye-laws occasionally restrict commercial use, so check that separately — it is a society matter, not an MCA one.
What is the penalty for late ROC annual filing?
Additional fees accrue on a per-day basis for delayed filing of AOC-4 and MGT-7, and unlike most penalties there is no cap that makes waiting cheaper. Prolonged default can also lead to directors being disqualified and the company being struck off. If you are already several years behind, the cost is real but the position is usually recoverable — bring us the details and we will quantify it before you decide.
05 & 06 / Withholding and operations
TDS compliance, bookkeeping and payroll
Tax deducted at source
TDS defaults are the most avoidable penalty in Indian tax practice, and among the most common. Deduct at the wrong rate or pay a day late and the interest starts immediately; miss it entirely and the expense itself can be disallowed.
- Monthly computation and challan payment by the 7th
- Quarterly returns — 24Q, 26Q, 27Q, 27EQ
- Form 16 and Form 16A issuance
- TDS on property purchase — Form 26QB
- Lower deduction certificates under Section 197
- TRACES default correction and justification reports
Bookkeeping, payroll and virtual CFO
Books maintained monthly rather than reconstructed annually, so your GST returns, TDS and financial statements all agree with each other without a year-end scramble.
- Monthly bookkeeping in Tally, Zoho Books or QuickBooks
- Bank, vendor and customer reconciliation
- Monthly MIS with cash flow and receivables ageing
- Payroll processing with PF, ESIC and professional tax
- Budgeting, projections and bank loan documentation
- Virtual CFO support for growing businesses
I am buying a flat in Thane. Do I have to deduct TDS?
Yes, where the consideration crosses the threshold specified in Section 194-IA, the buyer must deduct TDS and deposit it using Form 26QB, then issue Form 16B to the seller. This is the buyer's obligation, not the builder's or the seller's, and it is a very common default among individual purchasers who assume the developer handles it.
Can you take over books that are two years behind?
Yes, and we do it regularly. The first step is a reconstruction: bank statements, GST returns already filed, purchase and sales registers, and whatever exists in Tally. We rebuild to a defensible opening balance, quantify the exposure from late filings, and then bring the current year onto a normal monthly cycle.
Fees
Ask for a number, not a range.
Send us the entity type, the approximate turnover and the services you need. You will get a fixed written quote, usually within one working day.
