Tax compliance is crucial for businesses of all sizes. Yet, many fall into traps that lead to penalties, audits, or legal complications. Here are five common tax mistakes:
- Missing GST deadlines or incorrect filings
- Incorrect expense classification leading to disallowed deductions
- Not maintaining proper documentation for audits
- Late TDS payments and return filings
- Overlooking advance tax obligations
Avoiding these mistakes is possible with proper planning and expert help. At KGS And CO (CA), we ensure timely filings, proper documentation, and proactive tax strategies — keeping your business compliant and stress-free.
