Select Page

Proprietorship Tax Return Filing

Proprietorship firms are required to file income tax return like LLPs and Companies registered in India. Since proprietorship firms are considered to be one and same as the proprietor, the income tax return filing of the proprietorship firm is the same that of the proprietor. Under Income Tax Act, all proprietors below the age of 60 years are required to file income tax return if total income exceeds Rs. 2.5 lakhs. In the case of proprietors over the age of 60 years but below 80 years, income tax filing is mandatory if total income exceeds Rs.3 lakhs. Proprietors over the age of 80 years and above are required to file income tax return if the total income exceeds Rs.5 lakhs. 

Accounting

Proprietorships are required to maintain accounts and prepare financial statements at the end of each financial year. Our Compliance Manager will help maintain accounts and will prepare the financial statement for your Proprietorship at the end of financial year.

Income Tax Return Filing

Income tax return of a proprietorship must be filed at the end of each financial year. Based on the nature of business activity, our Compliance Manager will prepare all the documents and file your proprietorship tax return.

TDS Return Filing

TDS return must be filed by all entities required to deduct tax at source and having TAN registration. If your proprietorship has TAN registration, our Compliance Manager can help file TDS return at an additional cost.

GST Return Filing

GST return must be filed by all entities having GST registration. In case your proprietorship has GST registration, our Compliance Manager can help you file GST returns at an additional cost based on volume.

Dedicated Advisor

Your proprietorship will be assigned a dedicated Compliance Manager who will be a single point of contact to help you maintain the compliance for your proprietorship. You can get in touch with your Compliance Manager at anytime and get assistance on matters related to your proprietorship’s compliance.

Tax Audit

Tax Audit is an independent audit by a chartered accountant in full-time practice concerning the matters related to Taxation only and a report confirming that there is no concealment of income by the taxpayer and that there is no non-payment of tax liability and the same has is paid on due dates.

Our Customers

“We are satisfied with the services you have provided and look forward for a long association with you.”

Sherin Sam

Director, Sayara Motors Private Ltd.

“We have been availing your services and are extremely satisfied with the way solutions are provided in matters, whenever, we sought professional help. We cherish the association and look forward for similar experience in the years to come .”

Sunil More Shivaji Rao

Director, JABM Property Managers Private Ltd

“We are taking your services and have an amazing service experience with the team. Smooth workflow, everything is completed on time with details & perfection.”

Adarsh Pundalika Kamath

Director, DIMNATION Restaurants Pvt Ltd

Put Your Business in Good Hands

Get In Touch

Take Your Business To New Heights

Pin It on Pinterest

Share This
WhatsApp chat