Amit Kumar Singh and Co

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Welcome to best Financial Services

CFO, Tax, Payroll, Accounting and Bookeeping Services.

Our clients and employees love us. From our company culture to our simplified accounting processes,
Amit Kumar Singh & Co. makes sure that everyone we work with comes away with a smile on their face.

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USA Sales Tax and IRS Compliance

Simplifying U.S. Tax Compliance for Your Business

We help your business stay compliant with U.S. sales tax and IRS regulations through accurate filings and expert guidance—minimizing risks and ensuring peace of mind.

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Amit Kumar Singh and Co
Business Performance Analysis
You need a partner that can steer you through pivotal moments and assist in making informed decisions.

Through budgeting and forecasting, cash flow management, and strategic planning, our CFOs ensure your financial strategy is effective.
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Amit Kumar Singh and Co
Accounting & Bookkeeping Services
You need a reliable guide to navigate crucial turns and deliver insightful counsel. We aim to foresee the potential impacts and lead you toward success.
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Amit Kumar Singh and Co
Income Tax and GST Compliance
Navigating the maze of tax strategies can cause migraines and leave you wondering if you’re taking advantage of every benefit. Our comprehensive tax services can optimize your tax planning and minimize tax liabilities.
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Amit Kumar Singh and Co
USA Sales Tax & IRS Compliance
We provide accurate and compliant Sales Tax and IRS return filing services for businesses operating in the U.S. Stay ahead of deadlines and regulations with expert support from Amit Kumar Singh & Co.
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About Our CompanyAbout Our CompanyAbout Our Company

Empowering Businesses with Financial Insight

At Amit Kumar Singh & Co., we provide strategic financial and accounting expertise to help businesses thrive. Our team of experienced Chartered Accountants and professionals is committed to delivering personalized consultancy services that align with your financial goals. With a focus on precision, innovation, and compliance, we offer practical solutions that drive growth, ensure sustainability, and add lasting value to your enterprise.

  • Our Services Include:

    • USA Sales Tax & IRS Compliance

    • Income Tax & GST Compliance

    • Bookkeeping in QuickBooks, Tally & Zoho

    • Business Registration & Regulatory Compliance

    • Monthly Financial Reports for Investors

    • Business Performance Analysis

    • Financial Planning & Budgeting

    • Accounts Receivable (AR) & Accounts Payable (AP) Management

    • USA Accounting Services

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Smart Accounting Solutions Using QuickBooks, Zoho & Tally
Reduced Costs through Expert Financial Outsourcing
Access to Financial Experts and Advanced Accounting Tools
What We OfferWhat We OfferWhat We Offer

Dealing in all CFO, Tax, Accounting + Bookkeeping Services

Transform your business with Amit Kumar Singh & Co.'s powerful blend of financial expertise and outsourced accounting solutions. Getting started is simple—speak with our experts today.

Accounting + Bookkeeping
Amit Kumar Singh & Co. creates and manages a streamlined, responsive accounting system at every stage of your company’s growth.
CFO Advisory
Navigate complex financial decisions with a CFO who understands your business and industry inside and out.
Business Tax Services
Amit Kumar Singh & Co.’s CPAs and tax experts minimize risk and uncertainty while maximizing your tax savings.
USA Compliance
No business is too large, complex, or fast-moving for Amit Kumar Singh & Co.
We specialize in optimizing your financial position today while mapping a clear, compliant path to your next milestone—all aligned with U.S. regulatory standards.
Business Performance Analysis
Unlock Your Business’s True Potential with In-Depth Performance Analysis. Gain confidence in every decision. Let’s analyze your performance and plan your next big move—starting today.
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Latest News & Articles from the
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Income Tax

TDS Return Filing and Due Dates – Complete Guide | By CA Amit Kumar

Tax Deducted at Source (TDS) is a crucial part of the Indian taxation system. Every person or business responsible for deducting TDS must also file TDS returns on time to stay compliant.

📌 What is TDS Return Filing?
A TDS return is a quarterly statement submitted by deductors to the Income Tax Department. It includes details such as:
The amount of TDS deducted
PAN details of the deductee
Challan details of tax deposited
Filing TDS returns ensures that the deducted tax is reflected in the taxpayer’s Form 26AS and credit is available at the time of filing Income Tax Returns (ITR).

📌 TDS Return Forms
Different forms are used depending on the type of payment:
Form 24Q – For TDS on salaries
Form 26Q – For TDS on payments (other than salary) made to residents
Form 27Q – For TDS on payments to non-residents
Form 27EQ – For Tax Collected at Source (TCS)

📌 TDS Return Filing Due Dates (Quarterly)
April – June → 31st July
July – September → 31st October
October – December → 31st January
January – March → 31st May

📌 Penalty for Late Filing
Failing to file TDS returns within the due date attracts penalties under the Income Tax Act:
₹200 per day under Section 234E until return is filed (capped at the total TDS amount).
Additional penalties and prosecution may apply for prolonged default.

📌 Why Timely TDS Filing Matters
✔️ Helps employees and vendors get proper credit of TDS in Form 26AS
✔️ Avoids penalties, late fees, and interest
✔️ Maintains business compliance and trust

📌 Conclusion
TDS return filing is not just a compliance requirement but also a responsibility. Businesses and individuals must ensure timely filing of returns to avoid penalties and maintain smooth tax credit flow.
For professional assistance in TDS return filing and compliance, consult a qualified Chartered Accountant (CA).
GST (Goods and Services Tax )

Payment Methods in GST | By CA Amit Kumar

Under India’s Goods and Services Tax (GST) regime, making timely payments is essential for compliance. To simplify the process, the GST portal offers taxpayers multiple methods of payment – both online and offline.
✅ Types of GST Payment Methods
Online Payment
Taxpayers can pay GST directly through:
Internet banking
Debit/Credit cards
UPI
NEFT/RTGS
Over the Counter (OTC) Payment
Payments can also be made through authorized banks using:
Cash
Cheque
Demand Draft (subject to prescribed limits)
Challan Payment
Before making payment, taxpayers must generate a GST challan (Form GST PMT-06) on the GST portal. The challan acts as a reference for completing the payment.

💡 Importance of Proper GST Payment
Ensures timely filing of GSTR-3B and GSTR-1 returns
Helps businesses avoid late fees, penalties, and interest
Ensures smooth flow of Input Tax Credit (ITC)
Builds compliance discipline for long-term tax management

📌 Conclusion
GST payments can be made easily using online or offline methods through the GST portal. Businesses should select the most convenient mode while ensuring payments are done within due dates to stay compliant and avoid penalties.
For professional assistance in GST compliance, consult a Chartered Accountant (CA) to ensure error-free filing and payment.
Overseas Business Compliance

What is Economic Nexus in Sales Tax?

Economic nexus means that even without a physical presence in a state, a business may still be required to collect and remit sales tax if its sales cross certain thresholds (revenue or number of transactions).
This rule became significant after the South Dakota v. Wayfair, Inc. (2018) decision, allowing states to enforce sales tax based on economic activity.
👉 Example: If your online business sells goods worth $120,000 in California, you must register and collect sales tax there—even if you don’t have an office or warehouse in the state.

Why it matters: Ensures compliance, avoids penalties, and helps businesses grow smoothly across states.✅ Why Economic Nexus Matters for Businesses
Avoids tax penalties and interest charges
Ensures multi-state compliance
Builds trust with customers and tax authorities
Helps in better pricing, invoicing, and planning

📊 Economic Nexus Thresholds
Each U.S. state has different rules for revenue or transaction count. For example:
South Dakota: $100,000 in sales or 200 transactions annually
California: $500,000 in sales
New York: $500,000 in sales and 100 transactions
👉 Businesses must regularly monitor their sales data to check if they cross any thresholds.

📌 Conclusion
Economic nexus has changed the way businesses handle sales tax. Whether you are a startup, e-commerce seller, or service provider, understanding these rules is essential to stay compliant and avoid penalties.
If you need professional guidance on sales tax compliance and economic nexus rules, feel free to consult a Chartered Accountant or tax expert.