Frequently asked questions

Wealth Bridge Tax & Business Consultants is a tax and business consulting firm in Vellore and Chennai. Our main work is income tax and GST return filing, replies to notices, hearings and appeals under income tax, GST, the Companies Act and PF & ESI laws, central and Tamil Nadu government subsidies, detailed project reports and MSME support.

Our head office is at Union Bank Upstairs, No. 23, 8th East Main Road, Gandhinagar, Katpadi, Vellore 632006. Our Chennai office is at No. 23/1, 1st Floor, Alagiri Nagar 5th Street, 100 Feet Road, Vadapalani, Chennai 600026.

Yes. Most tax filings and proceedings are now online, and we serve clients across Tamil Nadu and India.

Every engagement has a dedicated team member, and significant filings and all notices, hearings and appeals are reviewed personally by our Principal Advisor.

Fees depend on the scope and complexity of the work. We agree the scope and fee with you before starting.

You can share them on WhatsApp, by email, or in person at either office. Documents are accessed only by the team members working on your matter.

No professional can guarantee an outcome, which depends on the facts, the law and the authority's decision. What we commit to is a thorough, well-documented and timely response.

For individuals and others whose accounts do not need an audit, the due date is generally 31 July after the end of the year. Later dates apply to cases that require an audit, and the government sometimes extends dates. We track the applicable date for each client.

Income earned up to 31 March 2026 is governed by the Income-tax Act, 1961. From 1 April 2026 the Income-tax Act, 2025 applies, and the "tax year" replaces the earlier "previous year" and "assessment year".

For monthly filers, GSTR-1 is due by the 11th and GSTR-3B by the 20th of the following month. Quarterly filers under QRMP in Tamil Nadu file GSTR-3B by the 22nd of the month after the quarter. Dates can be extended by notification.

Late fees and interest apply. If returns are pending for a continuous period, e-way bill generation can be blocked and the department can start cancellation of registration.

The reply date is stated in the notice and is often short. If more time is needed, an adjournment can be requested through the portal with reasons. Do not let the date pass without a reply or a request.

Generally 30 days from receipt of the order. The Tribunal appeal is generally due within 60 days of the appellate order. Delay can be condoned in some cases with sufficient cause.

An appeal to the Appellate Authority must be filed within three months of the date of communication of the order. The authority can condone a further delay of up to one month for sufficient cause.

Yes. The admitted amount must be paid in full, along with a pre-deposit of 10% of the disputed tax, subject to a statutory ceiling. A further pre-deposit applies for appeals to the Tribunal.

An additional fee of ₹100 per day of delay applies to each form, with no upper limit. Continued non-filing can lead to penalties on the company and its officers.

Yes. If a company fails to file its financial statements or annual returns for three continuous financial years, its directors can be disqualified from being appointed in other companies for five years.

Establishments with 20 or more employees in covered classes must register under the EPF Act. Smaller establishments can register voluntarily.

ESI generally applies to establishments with 10 or more employees in notified areas, for employees earning up to ₹21,000 a month.

It depends on your age, education, category, location, sector and project cost. Many schemes are credit-linked and require a bank loan. We assess your profile against current guidelines before recommending a scheme.

Most MSME subsidy schemes are linked to a bank loan, and the subsidy is released through the bank. Some state incentives are claimed after the unit starts production.

A DPR explains the entire project (technical, market and financial) and is used for new projects and subsidies. CMA data presents past and projected financials in the format banks use to assess working capital and term loan limits.

Usually a few working days after we receive complete information. Larger or more technical projects take longer.

Yes. Registration on the Udyam portal carries no government fee. Our fee covers classification, filing and linking it correctly with your GST and PAN.

Under the Income-tax Act, payments due to registered micro and small suppliers that are made beyond the time allowed under the MSME Act are not allowed as a deduction until actually paid. Buyers therefore have a strong reason to pay MSMEs on time.

Tax deducted in a month is generally due by the 7th of the following month. Tax deducted in March has a later due date.

A late fee of ₹200 per day applies, up to the amount of tax deducted, and penalties can apply for longer delays or incorrect returns.

A private limited company suits businesses planning to raise equity and scale. An LLP offers limited liability with lighter compliance and suits professional and closely held businesses.

Typically 7 to 15 working days, depending on how quickly documents are ready and on MCA processing.

Yes. We can work on your existing software and data, remotely or at your office, depending on the arrangement.

It depends on the number of founders, how you want the institution governed, and the activities planned. We explain the differences before you decide.