Nilesh Gandhi

Nilesh B Gandhi & Co. · Chartered Accountants

Tax, Compliance & Growth Advisory You Can Count On

From GST and income tax to company incorporation, ROC compliance and fund-raising — one team of CAs, CSs and MBAs, led by CA Nilesh Gandhi with 31+ years of practice.

Compliance calendar

Key deadlines — October 2026

Dates our team is tracking for clients this month.

Clients served
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GST registrations
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Our services

Everything your business needs — under one roof

Set up right, stay compliant and raise capital with confidence. Pick a service or WhatsApp us for a tailored plan.

Finance & banking updates · October 2026

What changed this month — and what it means for you

Last updated: 8 October 2026

Banking · 7 Oct 2026

RBI raises repo rate by 25 bps to 5.50%

The MPC voted unanimously to hike and changed its stance to “calibrated tightening”. SDF is now 5.25% and MSF 5.75%. FY27 GDP is projected at 7.1% and CPI inflation at 5.2%.

What it means for you: Floating-rate home and business loan EMIs may rise as banks reprice. Review your borrowing and working-capital plans.

Income Tax · 28 Sep 2026

Tax audit & ITR deadlines extended for AY 2026-27

CBDT extended the tax audit report due date to 21 October 2026 and the ITR due date for audit cases — companies, audited businesses and their partners — to 21 November 2026. Transfer-pricing cases are excluded.

What it means for you: Extra time, not extra slack — finalise books and audit now to avoid the last-minute portal rush.

GST · 8 Oct 2026

57th GST Council meets on 8 October

After being rescheduled twice, the GST Council meets on 8 October 2026. Decisions take effect only once CBIC notifies them.

What it means for you: Hold major pricing or invoicing changes until notifications are out — we’ll brief clients as soon as they are.

GST · 1 Oct 2026

September GST collections cross ₹2 lakh crore

Gross GST collections for September 2026 were about ₹2.04 lakh crore, up 14.7% year on year — above ₹2 lakh crore for the third month running.

What it means for you: Strong collections bring sharper scrutiny. Keep GSTR-1, GSTR-3B and your books reconciled every month.

GST · 7 Sep 2026

Appeals now allowed against NIL / zero-demand orders

GSTN has enabled Form GST APL-01 appeals against orders with NIL or zero demand where a liability dispute exists.

What it means for you: If an order went against you without a demand, you can now contest it — act within the appeal time limit.

Banking · 7 Oct 2026

Account Aggregators to become interoperable

RBI announced that NBFC account aggregators will be allowed to interoperate, making consent-based sharing of financial data smoother.

What it means for you: Expect quicker loan processing and easier sharing of bank statements with lenders and advisors.

General information only, based on official announcements and news reports as of 8 October 2026 — not professional advice. Speak to us about your specific situation.

Why us

Your trusted partner for reliable business solutions

We combine expertise, transparency and efficiency to support your business at every step — from registration and tax filings to compliance management and fund-raising.

Professional team

Chartered Accountants, Company Secretaries & MBAs under one roof.

Timely execution

We give you a defined timeline — and stick to it.

Honest advice

Guidance that keeps your goals, not our fees, in mind.

Transparent pricing

No hidden charges. Period.

Uncompromised quality

Globally accepted best practices on every engagement.

Leadership

Led by experienced Chartered Accountants

CA Nilesh Gandhi

B.Com, FCA, ACS · Founder

31+ years advising on audit, GST, scrutiny, appeals and representation before authorities. Qualified as a CA in 1990 and as a Company Secretary in 1994, and has trained 65+ CA students.

CA Rohan Nilesh Gandhi

B.Com, FCA, Diploma in IFRS

7+ years across audit, taxation and equity research (NISM-certified). Drives the firm’s consultancy practice for startups and growing businesses, from structuring to fund-raising.

Client reviews

What our clients say about us

Real reviews from clients on our Google Business Profile.

GST FAQs

GST registration — questions clients ask us

Quick answers to what most businesses want to know before applying for GST.

You must register once your aggregate turnover crosses ₹40 lakh for goods or ₹20 lakh for services in a financial year (lower limits apply in special category states). Some businesses must register regardless of turnover — for example, inter-state sellers of goods, most sellers on e-commerce marketplaces, casual taxable persons and businesses liable under reverse charge.

  • PAN of the business (and of the proprietor, partners or directors)
  • Aadhaar and a photograph of the proprietor / partners / directors
  • Proof of business address — electricity bill or property tax receipt, plus rent agreement and owner’s NOC if the premises are rented
  • Bank proof — cancelled cheque or bank statement
  • Constitution proof — partnership deed, LLP agreement or certificate of incorporation, as applicable
  • Authorisation letter or board resolution for the authorised signatory

Once documents are in order, registration usually comes through in about 3–7 working days. Low-risk applicants can now get approval within 3 working days under the simplified registration process. It can take longer if the officer raises a query or orders a physical verification of your premises — we handle the replies for you.

No. The government does not charge any fee for GST registration. Our professional fee covers checking your documents, filing the application and handling any queries from the department until your GSTIN is issued.

Yes. Voluntary registration lets you claim input tax credit, work with larger B2B clients who prefer GST-registered vendors, and sell on online marketplaces. Keep in mind that once registered, you must file returns regularly — even if there is no business in a period.

Yes. A residential address can be registered as your principal place of business. You will need ownership proof (such as an electricity bill or property tax receipt), or a rent agreement along with a no-objection certificate from the owner.

GST registration is state-wise. If you supply from more than one state, you need a separate GSTIN in each of those states. Additional offices or godowns within the same state can usually be added to your existing registration.

The composition scheme is meant for small businesses with turnover up to ₹1.5 crore (₹75 lakh in special category states). You pay tax at a low fixed rate and file fewer returns, but you cannot claim input tax credit, cannot charge GST on your invoices and cannot make inter-state sales of goods. Whether it suits you depends on your margins and customers — we help you decide.

Regular taxpayers file GSTR-1 (sales) and GSTR-3B (summary and tax payment) — monthly, or quarterly under the QRMP scheme if turnover is up to ₹5 crore — plus an annual return where applicable. Composition dealers file CMP-08 quarterly and GSTR-4 annually. Missing returns attracts late fees and interest, so we track these deadlines for our clients.

Not registering when required can lead to a penalty of 10% of the tax due (minimum ₹10,000), and up to 100% in cases of deliberate evasion — along with the tax and interest itself. You also lose the ability to collect GST and claim input tax credit, which can hurt business with registered clients.

Yes. If you close the business, transfer it, or are no longer required to be registered, you can apply for cancellation online. After cancellation, a final return (GSTR-10) has to be filed. We take care of the full process, including clearing pending returns.

Didn’t find your question? Our CAs will answer it on WhatsApp.

Have a tax or compliance question?

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