Author: Mohit Jain

A professional GST compliance banner by AdvoFin titled “GST for Construction Industry (2025) – A Complete Practical Guide for Builders and Contractors.” The image highlights common GST challenges in construction such as rate confusion, ITC reversals, RCM mistakes, notices, and cash blockage, emphasizing simplified GST guidance for builders and contractors.

GST for Construction Industry — Complete Compliance Guide (Builders, Contractors & Developers 2025)

Introduction: The ₹38 Lakh GST Demand That Shocked a Small Builder Ramesh’s story (real case, name changed): Ramesh runs a mid-sized construction business in Bangalore. He builds residential apartments (₹25 crore projects). April 2024: GST Notice arrives: Section 73 (Show Cause Notice) — demanding ₹38 lakhs (₹28L tax + ₹10L penalty + interest). Ramesh’s shock: […]

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A professional compliance and governance banner by AdvoFin titled “Internal Controls Every Founder Must Set Up – A Complete SME Survival Guide.” The image highlights how most business losses occur silently due to errors, fraud, and weak internal systems, emphasizing the importance of strong internal controls for small and medium enterprises.

Internal Controls for Small Businesses — Complete Founder’s Guide (Fraud Prevention, Compliance & Growth 2025)

Introduction: The ₹22 Lakh Fraud That Could Have Been Prevented Sunil’s story (real case, name changed): Sunil runs a mid-sized electrical equipment trading business (₹12 crore annual turnover, 25 employees). One Monday morning, March 2024: Bank calls: “Sir, your account balance is ₹8 lakhs. But you have ₹35 lakhs worth of cheques bouncing today.” Sunil: […]

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A professional finance awareness graphic by AdvoFin titled “How to Read Financial Statements – A Founder’s Practical Guide.” The image highlights that founders often fail due to lack of understanding of financial numbers, emphasizing that financial data provides early warnings before losses occur. Visual icons represent profit and loss statements, balance sheets, and cash flow reports.

How to Read Financial Statements — Complete Founder’s Guide (P&L, Balance Sheet & Cash Flow Explained 2025)

Introduction: The ₹40 Lakh Loss Hidden in “Profitable” Books Rajesh’s story (real case, name changed): Rajesh runs a mid-sized manufacturing business (₹8 crore annual turnover). Every month, his CA shows him: But reality: Rajesh’s confusion: “If we’re profitable, where’s the cash?” Fast forward 18 months: Crisis: Working capital shortage of ₹40 lakhs. Business on verge […]

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A compliance awareness graphic by AdvoFin explaining a ₹12 lakh financial loss suffered by an Amazon and Flipkart seller due to unclaimed Income Tax TCS and lapsed GST TCS. The image highlights monthly TCS deductions by marketplaces, lack of reconciliation and Form 26AS checks, and concludes that TCS is not an expense but an advance tax credit.

TCS Compliance for E-Commerce Sellers — Complete 2025 Guide (Income Tax + GST + Reconciliation Strategy)

Introduction: The ₹3.2 Lakh Tax Credit Lost in Confusion Priya’s story (real case, name changed): Priya runs a successful fashion accessories business on Amazon and Flipkart. Annual sales: ₹3.2 crores. Every month, she notices deductions in her settlement reports: She assumes: “This is tax I’m paying. Nothing I can do about it.” She never: Fast […]

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A professional compliance awareness banner by AdvoFin depicting a founder opening a Sunday email and panicking over a tax notice. The image explains common fears such as arrest and penalties, followed by the reality that the issue was a simple system mismatch due to missing bonus and arrears entries. It concludes with the message that the matter was handled professionally and resolved within 12 days.

Income Tax Notices in India — Complete Guide (Types, Reasons, Response Strategy & Prevention 2025)

Introduction: The Sunday Morning Email That Ruins Your Week Rajat’s story (real case, name changed): Sunday, 9:30 AMRajat, founder of a ₹8-crore e-commerce business, opens his email while having breakfast. Subject: “Income Tax Notice u/s 143(1) – Discrepancy in Return – Action Required” His heart sinks. Questions flood: He spends the entire Sunday Googling, reading […]

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GST Anti-Evasion notice explained for business owners – real case showing how routine GST verification calls are not arrests and can be resolved with proper documentation.

GST Anti-Evasion — Complete Defense Guide for Businesses (How to Respond, What to Prepare & Common Triggers 2025)

Introduction: The 10 PM Phone Call That Changed Everything Sameer’s story (real case, name changed): 10:15 PM, FridaySameer, founder of a ₹12-crore manufacturing business, receives a call from an unknown Delhi number. Caller: “This is GST Anti-Evasion Wing. We need to verify some transactions. Can you come to our office on Monday with all your […]

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How to handle GST summons in India – founder’s guide showing do’s, don’ts, and response strategy for GST notices, data checks, and compliance inquiries.

How to Handle GST Summons — Complete Founder’s Guide (Do’s, Don’ts & Response Strategy 2025)

Introduction: The 3 AM Email That Terrifies Every Founder Rahul’s story (real case, name changed): 3:15 AM, TuesdayRahul, founder of a ₹5-crore e-commerce business, wakes up to check emails (entrepreneur insomnia). Subject: “Summons u/s 70 of CGST Act – Appearance Required – 7 Days” His heart races. Questions flood his mind: He doesn’t sleep the […]

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Export invoice compliance infographic explaining mandatory LUT declaration, zero-rated GST, correct place of supply, SAC/HSN, and foreign currency details for FY 2025–26.

NRI Income Tax Filing Requirements — Complete 2025 Guide (With Residency Rules, TDS Rates & DTAA Benefits)

Introduction: The ₹8 Lakh Mistake Most NRIs Make (And How to Avoid It) Real case (anonymized): Rajesh, a software engineer in the US since 2019, owns a flat in Mumbai that he rents out for ₹40,000/month (₹4.8L annually). His tenant dutifully deducts 31.2% TDS (₹1.5 lakhs) and deposits it to the government. Rajesh thinks: “TDS […]

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