TaxBuddy did a great job on your personal ITR. Now you have a company — or your capital-gains, broker accounts, and NRI status have outgrown what TaxBuddy offers. Here is how we take over without breaking carry-forward losses or your broker-data reconciliation.
Timeline
You
Us
Shared
ITR & broker context retrieval
We download your last 2-3 ITRs from incometax.gov.in directly (e-filing portal → View Filed Returns) plus your TaxBuddy account history (the ITR Acknowledgement PDFs + filed JSONs). TaxBuddy stores nothing the IT portal doesn’t.
Carry-forward loss audit
We extract Schedule CFL from each year. STCG/LTCG bifurcation, business loss, speculation loss (intraday) — each has its own set-off rules. We confirm each return was filed within the original due date (Section 80 prerequisite for CFL).
Capital-gains computation context
TaxBuddy imports broker data automatically. We re-pull the same source files: Zerodha Console → Tax P&L, Groww → Statements, Upstox → Reports, ICICIdirect → Tax Reports. Cost basis (FIFO), grandfathering on pre-2018 holdings, and STT-paid status are all preserved.
Broker-import reset (one-time per broker)
TaxBuddy’s broker imports use OAuth or API tokens scoped to their platform. You reauthorise our integration for the brokers you use. About 2 minutes per broker, one-time per FY.
Company compliance onboarding (if applicable)
If you have crossed from individual to founder — we register you on MCA21 (CIN-linked), set up GSTIN compliance calendar, draft an opening Tally balance for the company, and set the date for first GSTR-3B / AOC-4.
Next ITR with CFL intact
Your next ITR-2 / ITR-3 / ITR-4 is filed with Schedule CFL prefilled from migration data. NRI-specific schedules (FSI, FA, TR) are added if applicable. We share a CFL-utilisation summary.
Pre-migration checklist
Most items are 60 seconds to find. We start the migration faster if you have these ready.
Income Tax e-filing portal login (PAN + password)
Where:incometax.gov.in — reset via Aadhaar OTP if forgotten
TaxBuddy account login
Where:taxbuddy.com → My Account — mainly for ITR acknowledgement PDFs and computation backups
Last 2-3 ITR acknowledgements (ITR-V)
Where:incometax.gov.in → e-File → Income Tax Returns → View Filed Returns — download Acknowledgement and JSON
Broker tax P&L statements (every broker used)
Where:Zerodha Console / Groww Statements / Upstox Reports / ICICIdirect Tax Reports
Form 16 + Form 26AS + AIS for last 2 FYs
Where:Form 16: employer payroll. 26AS & AIS: incometax.gov.in → Annual Information Statement
NRI / RNOR documentation (if applicable)
Where:Passport stamps for residency days; Form 67 if foreign tax credit claimed
Company CIN + GSTIN (if you have just incorporated)
Where:Incorporation certificate + GSTN registration certificate (RC)
Download last 2-3 ITRs directly from incometax.gov.in — no TaxBuddy dependency
Audit Schedule CFL across years; flag any losses that have lapsed under Section 80
Reconstruct capital-gains computation from broker source data, preserving FIFO cost basis
Set up broker-import integrations on our side (one-time OAuth per broker, per FY)
Onboard company compliance (MCA21, GSTN, opening Tally) if you have crossed into founder territory
Apply for DPIIT recognition / Section 80-IAC / Section 56 angel-tax exemption if eligible
Your PAN, Aadhaar, and e-filing portal credentials stay yours — not platform-bound
Filed and verified ITRs are immutable in the Income Tax system; no “transfer” needed
TDS deducted in your name flows to 26AS regardless of who files your return
NRI status and RNOR years (if any) are determined by Section 6 residency tests, not by TaxBuddy
Gotchas & honest fixes
These are real situations we have hit in past TaxBuddy migrations. We name them up front so they do not surprise you.
The gotcha
TaxBuddy’s broker-import sometimes mis-classifies speculation (intraday) as STCG. Last year’s return may already carry this error.
Our fix
We re-run classification using Zerodha Console’s native categorisation (it tags intraday separately). If a prior year is wrong and the revised-return window is open (Section 139(5), Dec 31 of AY), we file a corrected ITR. If past the window, we adjust this year’s CFL claim accordingly — honestly disclosed.
The gotcha
You have F&O turnover crossing Rs.1 crore (or Rs.2 crore for limited categories). Section 44AB audit applies — TaxBuddy may have flagged but not arranged the audit.
Our fix
We confirm turnover computation per ICAI Guidance Note (absolute sum of profits and losses, not gross trade value). If audit applies, our Growth plan includes the 3CD audit. If not, we update next year’s ITR-3 with correct disclosures.
The gotcha
You incorporated a Pvt Ltd recently. The directors’ personal ITRs (filed via TaxBuddy) need to disclose “director in unlisted company” under Schedule AL / DI for ITR-2 or ITR-3.
Our fix
We check the last filed ITR for this disclosure. If missing — and you are within the Section 139(5) revised-return window — we file a revised return. Beyond the window, we make sure this year’s return is correct and document the gap.
The gotcha
You used TaxBuddy’s DTAA / Foreign Tax Credit claim for an NRI year. Form 67 was filed, but the supporting docs (foreign tax assessment, currency conversion proofs) are inside TaxBuddy’s system.
Our fix
You typically have these in your email or with the foreign employer. We rebuild the FTC claim file for our records. If a notice arrives questioning the claim, we can re-substantiate within the 30-day notice window without TaxBuddy data.
What it costs
Migration is free on annual plans (Starter Rs.1,499/mo upwards). For individual filers staying individual (no company), Rs.999 covers the ITR for the year. Govt fees: nil for ITR; revised-return Section 139(5) also nil. F&O audit (3CD) included on Growth plan; Rs.9,999 standalone otherwise.
Frequently asked
Yes, and easier — we just download the freshly filed ITR from incometax.gov.in and queue you for next FY. The recent return is already on record; no action needed unless we spot an error worth a revised return.
Fair question. Every FilingLab account gets a named CA at signup, listed in your dashboard with ICAI membership number. You can request a re-assignment within 30 days, no questions asked.
No — we have the same integration. One-time OAuth reauthorisation per broker, then trades sync automatically each FY.
Yes. Form 67 filings, DTAA invocation, and any past FTC claims are all in your incometax.gov.in record. We re-pull and continue from there. No data loss.
Fresh signup for the company, plus migration for your personal ITR history. The two run in parallel — we handle both within the 3-5 day window.
Yes. Our CA runs a year-end tax-saving review in February of each FY — LTCG harvesting (Rs.1.25L exemption), Section 54/54F reinvestment, 80C/80D maxing. Included in Standard tier and above.
Free migration · 5-7 working days
One kick-off call, two documents to sign, a named CA on your account from day one.