{"id":823,"date":"2026-03-19T07:01:34","date_gmt":"2026-03-19T07:01:34","guid":{"rendered":"https:\/\/komplytek.com\/blogs\/?p=823"},"modified":"2026-03-19T07:01:34","modified_gmt":"2026-03-19T07:01:34","slug":"income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march","status":"publish","type":"post","link":"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/","title":{"rendered":"Income Tax Closing Checklist for FY 2025\u201326 \u2013 What Every Business Must Complete Before 31 March"},"content":{"rendered":"<body><p data-start=\"427\" data-end=\"716\">As the financial year comes to an end, businesses must ensure that all Income Tax related activities are properly completed before 31 March to avoid penalties, notices, and unnecessary tax liability. Proper year-end planning helps in tax saving, compliance, and smooth audit preparation.<\/p>\n<p data-start=\"718\" data-end=\"857\">At Komplytek, we help businesses complete their financial year closing with accurate accounting, tax planning, and compliance management.<\/p>\n<p data-start=\"859\" data-end=\"925\">Below is a complete Income Tax Closing Checklist for FY 2025\u201326.<\/p>\n<hr data-start=\"927\" data-end=\"930\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%93%8A_Review_Profit_Loss_Account\" >\ud83d\udcca Review Profit &amp; Loss Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%A7%BE_Verify_All_Expenses_Are_Booked_Before_31_March\" >\ud83e\uddfe Verify All Expenses Are Booked Before 31 March<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%8F%A6_Check_TDS_Deduction_Deposit\" >\ud83c\udfe6 Check TDS Deduction &amp; Deposit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%92%B0_Verify_Advance_Tax_Payment\" >\ud83d\udcb0 Verify Advance Tax Payment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%8F%A2_Depreciation_Calculation_on_Fixed_Assets\" >\ud83c\udfe2 Depreciation Calculation on Fixed Assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%94%97_Check_Related_Party_Transactions\" >\ud83d\udd17 Check Related Party Transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%93%89_Verify_Loans_Advances_Interest\" >\ud83d\udcc9 Verify Loans, Advances &amp; Interest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%94%8D_Reconcile_Books_with_Bank_GST\" >\ud83d\udd0d Reconcile Books with Bank &amp; GST<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%E2%9A%96_Check_Disallowances_Under_Income_Tax_Act\" >\u2696 Check Disallowances Under Income Tax Act<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%93%91_Prepare_for_Tax_Audit_If_Applicable\" >\ud83d\udcd1 Prepare for Tax Audit (If Applicable)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%92%A1_Plan_Tax_Saving_Before_31_March\" >\ud83d\udca1 Plan Tax Saving Before 31 March<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%E2%9C%85_Final_Review_Before_Closing_Books\" >\u2705 Final Review Before Closing Books<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/#%F0%9F%8F%81_Conclusion\" >\ud83c\udfc1 Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"932\" data-end=\"965\" id=\"mcetoc_1jk2e21on0\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8A_Review_Profit_Loss_Account\"><\/span>\ud83d\udcca <span style=\"color: #3366ff;\">Review Profit &amp; Loss <span style=\"font-size: 16px;\">Account<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"967\" data-end=\"1102\">\u2022 Verify all income is recorded<br data-start=\"998\" data-end=\"1001\">\u2022 Check expense booking<br data-start=\"1024\" data-end=\"1027\">\u2022 Identify disallowed expenses<br data-start=\"1057\" data-end=\"1060\">\u2022 Check extraordinary \/ one-time entries<\/p>\n<p data-start=\"1104\" data-end=\"1173\">\u2714 Helps in correct tax calculation<br data-start=\"1138\" data-end=\"1141\">\u2714 Avoids mismatch during audit<\/p>\n<hr data-start=\"1175\" data-end=\"1178\">\n<h3 data-start=\"1180\" data-end=\"1231\" id=\"mcetoc_1jk2e27go1\"><span class=\"ez-toc-section\" id=\"%F0%9F%A7%BE_Verify_All_Expenses_Are_Booked_Before_31_March\"><\/span>\ud83e\uddfe <span style=\"color: #3366ff;\">Verify All Expenses Are Booked Before 31 March<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1233\" data-end=\"1385\">Ensure booking of:<br data-start=\"1251\" data-end=\"1254\">\u2022 Rent<br data-start=\"1260\" data-end=\"1263\">\u2022 Salary &amp; bonus<br data-start=\"1279\" data-end=\"1282\">\u2022 Professional fees<br data-start=\"1301\" data-end=\"1304\">\u2022 Interest<br data-start=\"1314\" data-end=\"1317\">\u2022 Electricity \/ internet \/ office expenses<br data-start=\"1359\" data-end=\"1362\">\u2022 Consultancy charges<\/p>\n<p data-start=\"1387\" data-end=\"1461\">\ud83d\udc49 Expenses not booked before year end may not be allowed for deduction.<\/p>\n<hr data-start=\"1463\" data-end=\"1466\">\n<h3 data-start=\"1468\" data-end=\"1502\" id=\"mcetoc_1jk2e2ckq2\"><span class=\"ez-toc-section\" id=\"%F0%9F%8F%A6_Check_TDS_Deduction_Deposit\"><\/span>\ud83c\udfe6 <span style=\"color: #3366ff;\">Check TDS Deduction &amp; Deposit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1504\" data-end=\"1655\">\u2022 Verify TDS deducted on all applicable payments<br data-start=\"1552\" data-end=\"1555\">\u2022 Deposit TDS before due date<br data-start=\"1584\" data-end=\"1587\">\u2022 Match with TRACES \/ Form 26Q \/ 24Q<br data-start=\"1623\" data-end=\"1626\">\u2022 Check vendor TDS mismatch<\/p>\n<p data-start=\"1657\" data-end=\"1754\">Important for:<br data-start=\"1671\" data-end=\"1674\">\u2022 Salary<br data-start=\"1682\" data-end=\"1685\">\u2022 Contractor payments<br data-start=\"1706\" data-end=\"1709\">\u2022 Professional fees<br data-start=\"1728\" data-end=\"1731\">\u2022 Rent<br data-start=\"1737\" data-end=\"1740\">\u2022 Commission<\/p>\n<p data-start=\"1756\" data-end=\"1836\">Late deduction may lead to:<br data-start=\"1783\" data-end=\"1786\">\u2022 Disallowance of expense<br data-start=\"1811\" data-end=\"1814\">\u2022 Interest &amp; penalty<\/p>\n<hr data-start=\"1838\" data-end=\"1841\">\n<h3 data-start=\"1843\" data-end=\"1874\" id=\"mcetoc_1jk2e2kda3\"><span class=\"ez-toc-section\" id=\"%F0%9F%92%B0_Verify_Advance_Tax_Payment\"><\/span>\ud83d\udcb0<span style=\"color: #3366ff;\"> Verify Advance Tax Payment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1876\" data-end=\"2015\">Check whether advance tax is properly paid:<br data-start=\"1919\" data-end=\"1922\">\u2022 June installment<br data-start=\"1940\" data-end=\"1943\">\u2022 September installment<br data-start=\"1966\" data-end=\"1969\">\u2022 December installment<br data-start=\"1991\" data-end=\"1994\">\u2022 March installment<\/p>\n<p data-start=\"2017\" data-end=\"2092\">\ud83d\udc49 If short paid \u2192 Pay before 31 March to avoid interest u\/s 234B &amp; 234C.<\/p>\n<hr data-start=\"2094\" data-end=\"2097\">\n<h3 data-start=\"2099\" data-end=\"2144\" id=\"mcetoc_1jk2e2ov34\"><span class=\"ez-toc-section\" id=\"%F0%9F%8F%A2_Depreciation_Calculation_on_Fixed_Assets\"><\/span>\ud83c\udfe2 <span style=\"color: #3366ff;\">Depreciation Calculation on Fixed Assets<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2146\" data-end=\"2272\">\u2022 Update asset register<br data-start=\"2169\" data-end=\"2172\">\u2022 Add new assets purchased<br data-start=\"2198\" data-end=\"2201\">\u2022 Remove sold assets<br data-start=\"2221\" data-end=\"2224\">\u2022 Calculate depreciation as per Income Tax Act<\/p>\n<p data-start=\"2274\" data-end=\"2337\">\u2714 Reducing taxable income<br data-start=\"2299\" data-end=\"2302\">\u2714 Correct balance sheet reporting<\/p>\n<hr data-start=\"2339\" data-end=\"2342\">\n<h3 data-start=\"2344\" data-end=\"2381\" id=\"mcetoc_1jk2e2u4o5\"><span class=\"ez-toc-section\" id=\"%F0%9F%94%97_Check_Related_Party_Transactions\"><\/span>\ud83d\udd17 <span style=\"color: #3366ff;\">Check Related Party Transactions<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2383\" data-end=\"2491\">Verify transactions with:<br data-start=\"2408\" data-end=\"2411\">\u2022 Directors<br data-start=\"2422\" data-end=\"2425\">\u2022 Partners<br data-start=\"2435\" data-end=\"2438\">\u2022 Group companies<br data-start=\"2455\" data-end=\"2458\">\u2022 Relatives<br data-start=\"2469\" data-end=\"2472\">\u2022 Sister concerns<\/p>\n<p data-start=\"2493\" data-end=\"2587\">Ensure:<br data-start=\"2500\" data-end=\"2503\">\u2022 Proper documentation<br data-start=\"2525\" data-end=\"2528\">\u2022 Reasonable pricing<br data-start=\"2548\" data-end=\"2551\">\u2022 Compliance with Income Tax rules<\/p>\n<p data-start=\"2589\" data-end=\"2635\">Required for audit &amp; transfer pricing cases.<\/p>\n<hr data-start=\"2637\" data-end=\"2640\">\n<h3 data-start=\"2642\" data-end=\"2680\" id=\"mcetoc_1jk2e33qk6\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%89_Verify_Loans_Advances_Interest\"><\/span>\ud83d\udcc9 <span style=\"color: #3366ff;\">Verify Loans, Advances &amp; Interest<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2682\" data-end=\"2778\">Check:<br data-start=\"2688\" data-end=\"2691\">\u2022 Loan balances<br data-start=\"2706\" data-end=\"2709\">\u2022 Interest provision<br data-start=\"2729\" data-end=\"2732\">\u2022 Interest TDS<br data-start=\"2746\" data-end=\"2749\">\u2022 Confirmation from parties<\/p>\n<p data-start=\"2780\" data-end=\"2828\">Mismatch may lead to notice during assessment.<\/p>\n<hr data-start=\"2830\" data-end=\"2833\">\n<h3 data-start=\"2835\" data-end=\"2871\" id=\"mcetoc_1jk2e37or7\"><span class=\"ez-toc-section\" id=\"%F0%9F%94%8D_Reconcile_Books_with_Bank_GST\"><\/span>\ud83d\udd0d <span style=\"color: #3366ff;\">Reconcile Books with Bank &amp; GST<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2873\" data-end=\"2979\">\u2022 Bank reconciliation<br data-start=\"2894\" data-end=\"2897\">\u2022 GST reconciliation<br data-start=\"2917\" data-end=\"2920\">\u2022 TDS reconciliation<br data-start=\"2940\" data-end=\"2943\">\u2022 Debtors \/ creditors confirmation<\/p>\n<p data-start=\"2981\" data-end=\"3069\">Important for:<br data-start=\"2995\" data-end=\"2998\">\u2022 Income tax return<br data-start=\"3017\" data-end=\"3020\">\u2022 Audit<br data-start=\"3027\" data-end=\"3030\">\u2022 GST return<br data-start=\"3042\" data-end=\"3045\">\u2022 Financial statements<\/p>\n<hr data-start=\"3071\" data-end=\"3074\">\n<h3 data-start=\"3076\" data-end=\"3120\" id=\"mcetoc_1jk2e3c2v8\"><span class=\"ez-toc-section\" id=\"%E2%9A%96_Check_Disallowances_Under_Income_Tax_Act\"><\/span>\u2696 <span style=\"color: #3366ff;\">Check Disallowances Under Income Tax Act<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3122\" data-end=\"3286\">Review expenses not allowed fully, such as:<br data-start=\"3165\" data-end=\"3168\">\u2022 Cash payments above limit<br data-start=\"3195\" data-end=\"3198\">\u2022 Late TDS deposit<br data-start=\"3216\" data-end=\"3219\">\u2022 Personal expenses<br data-start=\"3238\" data-end=\"3241\">\u2022 Penalty \/ fines<br data-start=\"3258\" data-end=\"3261\">\u2022 Unapproved provisions<\/p>\n<p data-start=\"3288\" data-end=\"3337\">Proper review helps in correct tax calculation.<\/p>\n<hr data-start=\"3339\" data-end=\"3342\">\n<h3 data-start=\"3344\" data-end=\"3386\" id=\"mcetoc_1jk2e3gab9\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%91_Prepare_for_Tax_Audit_If_Applicable\"><\/span>\ud83d\udcd1<span style=\"color: #3366ff;\"> Prepare for Tax Audit (If Applicable)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3388\" data-end=\"3428\">Check applicability of audit u\/s 44AB.<\/p>\n<p data-start=\"3430\" data-end=\"3557\">Keep ready:<br data-start=\"3441\" data-end=\"3444\">\u2022 Books of accounts<br data-start=\"3463\" data-end=\"3466\">\u2022 Invoices<br data-start=\"3476\" data-end=\"3479\">\u2022 Bank statements<br data-start=\"3496\" data-end=\"3499\">\u2022 TDS details<br data-start=\"3512\" data-end=\"3515\">\u2022 GST returns<br data-start=\"3528\" data-end=\"3531\">\u2022 Agreements \/ contracts<\/p>\n<p data-start=\"3559\" data-end=\"3606\">Proper preparation avoids last-minute issues.<\/p>\n<hr data-start=\"3608\" data-end=\"3611\">\n<h3 data-start=\"3613\" data-end=\"3649\" id=\"mcetoc_1jk2e3l3ia\"><span class=\"ez-toc-section\" id=\"%F0%9F%92%A1_Plan_Tax_Saving_Before_31_March\"><\/span>\ud83d\udca1 <span style=\"color: #3366ff;\">Plan Tax Saving Before 31 March<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3651\" data-end=\"3794\">Possible planning:<br data-start=\"3669\" data-end=\"3672\">\u2022 Bonus \/ incentive booking<br data-start=\"3699\" data-end=\"3702\">\u2022 Asset purchase<br data-start=\"3718\" data-end=\"3721\">\u2022 Expense provisioning<br data-start=\"3743\" data-end=\"3746\">\u2022 Investment planning<br data-start=\"3767\" data-end=\"3770\">\u2022 Salary restructuring<\/p>\n<p data-start=\"3796\" data-end=\"3840\">Tax planning must be done before year end.<\/p>\n<hr data-start=\"3842\" data-end=\"3845\">\n<h3 data-start=\"3847\" data-end=\"3884\" id=\"mcetoc_1jk2e3p9tb\"><span class=\"ez-toc-section\" id=\"%E2%9C%85_Final_Review_Before_Closing_Books\"><\/span>\u2705 <span style=\"color: #3366ff;\">Final Review Before Closing Books<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3886\" data-end=\"4024\">Before closing accounts ensure:<br data-start=\"3917\" data-end=\"3920\">\u2714 All entries passed<br data-start=\"3940\" data-end=\"3943\">\u2714 All taxes calculated<br data-start=\"3965\" data-end=\"3968\">\u2714 All reconciliations done<br data-start=\"3994\" data-end=\"3997\">\u2714 All compliances checked<\/p>\n<p data-start=\"4026\" data-end=\"4141\">This ensures smooth filing of:<br data-start=\"4056\" data-end=\"4059\">\u2022 Income Tax Return<br data-start=\"4078\" data-end=\"4081\">\u2022 Tax Audit Report<br data-start=\"4099\" data-end=\"4102\">\u2022 GST Return<br data-start=\"4114\" data-end=\"4117\">\u2022 Financial Statements<\/p>\n<hr data-start=\"4143\" data-end=\"4146\">\n<h3 data-start=\"4148\" data-end=\"4163\" id=\"mcetoc_1jk2e3t0ec\"><span class=\"ez-toc-section\" id=\"%F0%9F%8F%81_Conclusion\"><\/span>\ud83c\udfc1<span style=\"color: #3366ff;\"> Conclusion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"4165\" data-end=\"4302\">Financial year closing is not just accounting work \u2014 it is the most important time for tax planning, compliance, and financial control.<\/p>\n<p data-start=\"4304\" data-end=\"4445\">With proper guidance from Komplytek businesses can complete Income Tax closing smoothly and avoid penalties, notices, and extra tax burden.<\/p>\n<p data-start=\"4447\" data-end=\"4598\">If your business needs support in:<br data-start=\"4481\" data-end=\"4484\">\u2714 Income Tax Closing<br data-start=\"4504\" data-end=\"4507\">\u2714 Tax Planning<br data-start=\"4521\" data-end=\"4524\">\u2714 Audit Preparation<br data-start=\"4543\" data-end=\"4546\">\u2714 Accounting Finalisation<br data-start=\"4571\" data-end=\"4574\">\u2714 Virtual CFO Services<\/p>\n<p data-start=\"4600\" data-end=\"4634\">Komplytek team is ready to help.<\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>As the financial year comes to an end, businesses must ensure that all Income Tax related activities are properly completed before 31 March to avoid penalties, notices, and unnecessary tax liability. Proper year-end planning helps in tax saving, compliance, and smooth audit preparation. At Komplytek, we help businesses complete their financial year closing with accurate &#8230; <a title=\"Income Tax Closing Checklist for FY 2025\u201326 \u2013 What Every Business Must Complete Before 31 March\" class=\"read-more\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/\" aria-label=\"Read more about Income Tax Closing Checklist for FY 2025\u201326 \u2013 What Every Business Must Complete Before 31 March\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,74,134,1],"tags":[],"class_list":["post-823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-itr","category-small-business-finance","category-tax-service","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Income Tax Closing Checklist for FY 2025\u201326 \u2013 What Every Business Must Complete Before 31 March - Komplytek Blogs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/komplytek.com\/blogs\/income-tax-closing-checklist-for-fy-2025-26-what-every-business-must-complete-before-31-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Income Tax Closing Checklist for FY 2025\u201326 \u2013 What Every Business Must Complete Before 31 March - Komplytek Blogs\" \/>\n<meta property=\"og:description\" content=\"As the financial year comes to an end, businesses must ensure that all Income Tax related activities are properly completed before 31 March to avoid penalties, notices, and unnecessary tax liability. 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