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Rules and Guidance

Everything you need to know about using UMCA services correctly and compliantly

General ITR Filing GST Trademark Conduct Penalties

📌 Platform Usage Rules

  • All users must be at least 18 years old or act through a legal guardian.
  • One PAN / GSTIN must correspond to only one UMCA account.
  • All submitted documents must be genuine, current, and self-attested where required.
  • You must not share your account credentials with any other person or entity.
  • Service requests must be made with adequate lead time before statutory deadlines.
  • UMCA reserves the right to decline services that may violate applicable law.

📄 Document Standards

All documents uploaded to our platform must meet the following requirements:

  • File format: PDF, JPG, PNG (max 10 MB per file).
  • Documents must be legible, complete, and free from tampering or alterations.
  • PAN card, Aadhaar, and Form 16 must be the most recent versions.
  • Bank statements must cover the full relevant financial year.
  • Password-protected documents must be shared with the unlock password via secure channel.
📎 Uploading fake or altered documents is a criminal offence under the Indian Penal Code and IT Act. UMCA will report any such instances to the appropriate authorities.

🧾 Documents Required for ITR

  • Salaried individuals: PAN, Aadhaar, Form 16 (Part A and B), bank statements, investment proofs (80C/80D).
  • Business/Profession: P&L statement, balance sheet, TDS certificates (Form 26AS), GST returns.
  • Capital Gains: Purchase/sale deeds, DMAT statements, mutual fund statements.
  • House Property: Rental income details, home loan interest certificate.
  • Foreign Income: DTAA details, foreign bank account details, overseas income proofs.

📅 ITR Deadlines and Late Filing

Category Original Due Date Belated Return (Sec 139(4))
Individuals (Non-Audit) 31st July 31st December
Businesses (Audit Required) 31st October 31st December
Partners of Firms (Audit) 31st October 31st December
Transfer Pricing Cases 30th November 31st December
⚠️ Late filing attracts interest under Sec 234A and a fee under Sec 234F (up to ₹5,000). File on time to avoid penalties.

Do's and Don'ts for ITR Filing

✅ Do

  • Verify Form 26AS before filing.
  • Declare all sources of income including interest.
  • E-verify your ITR within 30 days.
  • Claim all eligible deductions under Chapter VI-A.
  • Disclose foreign assets (Schedule FA) if applicable.

🚫 Don't

  • Conceal income or under-report earnings.
  • Claim deductions without supporting proof.
  • File under wrong ITR form type.
  • Miss the e-verification deadline.
  • Ignore notices from the Income Tax Department.

🏛️ GST Registration Rules

  • Mandatory registration if annual turnover exceeds ₹40 lakhs (goods) or ₹20 lakhs (services).
  • Threshold is ₹10 lakhs for special category states.
  • Inter-state supply requires mandatory registration regardless of turnover.
  • E-commerce operators and suppliers through e-commerce must mandatorily register.
  • Casual taxable persons and non-resident taxable persons must register before commencing business.

📆 GST Return Filing Calendar

Return Who Files Due Date
GSTR-1 Registered suppliers (outward supplies) 11th of next month
GSTR-3B All regular taxpayers 20th of next month
GSTR-9 Annual return (all regular taxpayers) 31st December
GSTR-9C Turnover > ₹5 crore (self-certified reconciliation) 31st December
GSTR-4 Composition scheme taxpayers 30th April (annual)

™️ Trademark Filing Rules

  • Trademark applications must be filed in the correct class (there are 45 classes under the Nice Classification).
  • The mark must be distinctive and not descriptive of the goods/services.
  • Marks that are offensive, deceptive, or identical to well-known marks will be refused.
  • Applicant's identity (individual, company, LLP) must match KYC documents exactly.
  • Once filed, applications typically take 18–24 months for registration under normal proceedings.
🔍 UMCA conducts a preliminary trademark search before filing. However, a clear search does not guarantee registration — the Trademark Registry has final discretion.

🚨 Strictly Prohibited Activities

  • Submitting forged, fabricated, or tampered documents.
  • Using our platform to file returns for a third party without proper authorisation.
  • Attempting to hack, scrape, or overload our platform servers.
  • Misrepresenting your identity or the nature of your business.
  • Using UMCA services to facilitate tax evasion or money laundering.
  • Harassing, threatening, or abusing our staff or CA partners.
🚫 Violation of these rules will result in immediate account termination, forfeiture of fees paid, and may be reported to the relevant regulatory authorities including the Income Tax Department or GST Council.

⚖️ Key Statutory Penalties (Income Tax)

Default Section Penalty
Late ITR filing 234F ₹1,000 – ₹5,000
Concealment of income 270A 50%–200% of tax payable
Non-maintenance of books 271A ₹25,000
Failure to furnish return 271F ₹5,000
Non-disclosure of foreign assets 43 (Black Money Act) ₹10 lakh
TDS default 271C Equal to TDS amount

⚖️ Key Statutory Penalties (GST)

Default Penalty
Not registering despite liability 10% of tax due (min ₹10,000)
Short-paid / unpaid tax (not fraud) 10% of tax due (min ₹10,000)
Short-paid / unpaid tax (fraud) 100% of tax due
Late GSTR filing ₹50/day (₹20/day for nil returns)
E-way bill violation ₹10,000 or tax amount (whichever higher)
ℹ️ UMCA provides timely reminders and proactive compliance support to help you avoid these penalties. Reach out to us well before due dates for best results.

📞 Need Guidance? Talk to Our Experts

Have a compliance question, need a clarification, or facing a tax notice? Our team is ready to assist.

📧 support@umcafoundation.com 📞 +91 9250073334 🕘 Mon–Fri: 9AM – 6PM 📍 Sikandra, Agra