What is the difference between old and new income tax regime FY 2025-26?

The new regime offers lower slab rates with a Rs.75,000 standard deduction and Section 87A rebate making income up to Rs.12L tax-free. The old regime allows deductions under 80C, 80D, HRA, etc.

When is GST registration mandatory?

GST registration is mandatory when aggregate turnover exceeds Rs.40 lakhs for goods or Rs.20 lakhs for services.

S Bhaskar & Associates | Chartered Accountants in Delhi

About Us

S Bhaskar & Associates is a Chartered Accountancy firm based in New Delhi. We handle audit, tax, GST, company law, and financial advisory work for businesses at every stage — from first-time entrepreneurs registering a company to established businesses managing complex compliance requirements. CA Shivam Bhaskar personally oversees every engagement, which is the only way we know how to work.

Core Expertise

Tax Planning & Compliance Audit & Assurance GST Advisory Startup & ROC Advisory Ind AS Reporting Virtual CFO

Our Approach

We use modern accounting tools to keep work accurate and on schedule. You get clear, regular updates on where things stand — without having to follow up.

About CA Shivam Bhaskar

CA Shivam Bhaskar is a Chartered Accountant and B.Com (Hons.) graduate from the University of Delhi. He works across Direct Taxation, GST, Corporate Law, and Ind AS Financial Reporting — and handles every client engagement personally. His view is straightforward: the quality of advice should not vary based on the size of the client.

Direct Taxation GST Advisory Ind AS Reporting Corporate Law

Our Purpose

Vision & Mission

What we stand for — and how it shapes every engagement at S Bhaskar & Associates.

Our Vision

"To be a CA firm that clients genuinely rely on — not just for filing returns, but for advice that helps them grow, stay compliant, and make better financial decisions."

Whether it is a first-generation entrepreneur or an established business, the standard of work should be the same — thorough, honest, and built around what the client actually needs.

Our Mission

Four areas where we hold ourselves to a clear standard.

Our Clients

To give clients CA support that goes beyond year-end filings — staying ahead of deadlines, flagging issues early, and being available when it matters.

Our Country

To practice with full integrity — every piece of advice we give stays within the law. Good compliance is not just a requirement; it is what builds trust over the long term.

Our Society

To make quality CA services accessible — especially for small businesses and first-generation entrepreneurs who need solid guidance but rarely get the same level of attention as larger clients.

Our People

To stay current — every change in tax law, company law, and accounting standards gets studied, understood, and applied. Clients deserve advice that is actually up to date.

Our Services at a Glance

Core CA services for businesses, startups, and individuals — handled with the same care at every level.

Audit & Assurance

Statutory & Tax Audits
Internal & Risk-Based Audits
Forensic Audit & Risk Management

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Taxation & Compliance

Direct Tax Advisory & Return Filing
GST Registration, Returns & Audit
Tax Planning & Litigation Support

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Societies & Trust Compliance

Formation of Society Trust & Section 8 Company
Registration u/s 12A/12AA/12AB & 80G of Income Tax Act
FCRA Registration, Renewal and other statutory compliance
CSR Compliance

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Startup Advisory

Company/LLP Incorporation
Startup India & MSME Registration
Funding & Compliance
Valuations & Due Diligence
Strategic Growth Consulting

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Corporate & Other Law Compliance

Company/LLP Formation & Filings
Annual ROC Compliance
Corporate Governance & Secretarial Advisory
FEMA & RBI Compliance

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Virtual CFO & Outsourcing

Business Process & Internal Controls
MIS, Cash Flow & Budgeting
IND AS Compliant Reporting
Accounting & Bookkeeping
Payroll & Compliance
Technology-driven Financial Insights

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Free Financial Calculators & Tools

Useful calculators to help you plan and check your numbers.

EMI Calculator

Calculate monthly EMI for home, car, and personal loans with detailed amortization

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GST Calculator

Calculate GST, CGST, SGST, and IGST with instant breakdown for your business

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Income Tax Calculator

Compare old vs new tax regime for FY 2025-26 and find the most suitable option

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Latest from Our Blog

Articles on taxation, GST, company law, and compliance — written by CA Shivam Bhaskar.

Taxation Sep 29, 2025 • 5 min read

Important GST Filing Updates Effective October 1, 2025

Manual ITC reconciliation, IMS-based GSTR-2B, credit note ITC linkage, and sequencing changes – what to prepare before October 2025.

By CA Shivam Bhaskar

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Taxation Sep 28, 2025 • 6 min read

New GST Rule on Credit Notes – Effective October 1, 2025

Major GST framework shift coming October 2025. Learn about new credit note rules, ITC reversal requirements, and practical implications for businesses.

By CA Shivam Bhaskar

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Company Law Aug 28, 2025 • 5 min read

Appointment of First Auditor in Case of Companies

Learn how to appoint the first auditor under Section 139(6) of the Companies Act, 2013 – timelines, tenure, procedure, and ROC filing requirements.

By CA Shivam Bhaskar

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Get in Touch

We typically respond within one business day.

+91 8873412680

cashivambhaskar@gmail.com

143A, 3rd Floor, Narayan Nagar, Laxminagar, New Delhi – 110092

Why Work With Us

Direct Access to a Qualified CA – Every engagement is handled personally by CA Shivam Bhaskar, not passed to a junior.
Honest Advice, Not Just Compliance – We tell you what you actually need to know, not just what you want to hear.
We Meet Deadlines – Scope, timelines, and deliverables are agreed upfront. No last-minute surprises.
One Point of Contact – One CA who knows your business, not a different person every time you get in touch.
Remote-Friendly – We serve clients across India via email, WhatsApp, and video. No office visit required.

Common Questions

Frequently Asked Questions

Everything you need to know about our services. Can't find your answer? Ask us directly.

What services does S Bhaskar & Associates offer?

We offer comprehensive CA services including Audit & Assurance, Tax Advisory & ITR Filing, GST Compliance, Corporate & Company Law, Startup Incorporation, Societies & Trust Compliance, and Virtual CFO services. All services are delivered by qualified Chartered Accountants with domain expertise.

How do I get started — what is the onboarding process?

Simply reach out via our contact form, WhatsApp, or phone call. We will schedule a discovery call to understand your requirements, provide a clear and detailed engagement scope, and assign a dedicated CA to your engagement. Most engagements are fully set up within 24–48 hours of confirmation.

Do you serve clients outside Delhi?

Yes! While our office is in New Delhi (Laxminagar), we serve clients pan-India. Most engagements are handled remotely via email, WhatsApp, and video calls. We have active clients across Mumbai, Bangalore, Pune, Hyderabad, and tier-2 cities. Remote-first delivery with zero compromise on quality.

What is the difference between the old and new income tax regime (FY 2025-26)?

The new regime (FY 2025-26) offers lower slab rates (0% up to ₹4L, 5% up to ₹8L…) with a ₹75,000 standard deduction, and a Section 87A rebate making income up to ₹12L effectively tax-free. The old regime allows deductions under 80C (₹1.5L), 80D, HRA, home loan interest, etc. Use our free income tax calculator to compare both regimes instantly.

When is the ITR due date for FY 2025-26 (AY 2026-27)?

For non-audit cases (individuals, HUFs, salaried employees) the due date is 31st July 2026. For audit cases (businesses requiring tax audit under Sec 44AB) it is 31st October 2026. Filing after the due date attracts a late fee of ₹5,000 (₹1,000 for income below ₹5L) under Section 234F plus interest under Sec 234A.

What is GST and when is registration mandatory?

GST (Goods & Services Tax) is India's unified indirect tax. Registration is mandatory if your aggregate turnover exceeds ₹40 lakhs for goods or ₹20 lakhs for services (₹10L in special category states). E-commerce sellers, inter-state suppliers, and businesses with reverse-charge liability must register regardless of turnover.

Why choose S Bhaskar & Associates over other CA firms?

We are a small firm by design, which means CA Shivam Bhaskar personally handles every engagement. There are no juniors, no hand-offs. You get direct access to a qualified CA who knows your business, proactive reminders before deadlines, and honest advice — not just what you need to hear to feel good about the invoice.

Can you help with startup registration — company incorporation, Startup India, MSME?

Absolutely. We handle end-to-end startup advisory including Private Limited & LLP incorporation, DPIIT Startup India recognition, Udyam (MSME) registration, shareholders' agreements, and initial ROC compliance. We also assist with FSSAI, Trademark, Import Export Code, and other business registrations.

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