Every business — whether a sole proprietorship, partnership, LLP, or company — is required to file an annual Income Tax Return (ITR). The specific form depends on entity type and income level.
Our business ITR package includes books-of-account preparation (if you don’t have them), profit-and-loss statement, balance sheet (where applicable), tax computation, and ITR filing — all reviewed by a qualified Chartered Accountant.
Key benefits
- Mandatory legal compliance. Failure to file invites notices, penalties, and potential prosecution.
- Refund eligibility. If TDS deducted exceeds liability, only filing returns unlocks the refund.
- Proof of income. Required for visa applications, loans, and large procurement contracts.
- Carry-forward of losses. Filing returns within the due date is mandatory to carry losses forward.
- Audit preparedness. Proper ITR with books prevents scrutiny escalations and ensures audit-readiness.
Documents required
- Bank statements for the financial year
- Sales and purchase invoices
- TDS certificates (Form 16 / 16A)
- Investment proofs (if claiming deductions)
- Previous year's ITR (if any)
- GST returns (for GST-registered businesses)
How the process works
- Document collation. We list everything we need and collect digitally over secure upload.
- Books preparation. Cash and bank reconciliations, P&L and balance sheet are prepared.
- Tax computation. Total income, deductions and tax liability are computed.
- ITR drafting & review. ITR-3 / ITR-5 / ITR-6 (as applicable) is drafted and reviewed by a CA.
- Filing & ITR-V. Filed online; ITR-V acknowledgement is e-verified or physically signed and posted.
Who is this for?
- Sole proprietorships filing ITR-3 / ITR-4
- Partnership firms filing ITR-5
- Companies filing ITR-6
- LLPs filing ITR-5