Tax Return Filing
All businesses operating in India are required to file income tax return each year. In addition to filing income tax return, a business may also be required to file TDS return and pay advance tax to stay compliant under the Income Tax Act.
Retry Global Solutions is India’s largest tax services platform offering a range of services like incorporation, GST return filing, income tax filing and more. Retry Global Solutions can help file income tax return for your business and ensure it remains compliant under the Income Tax Act and Rules. The average time taken to file an income tax return for your business is 3 to 5 working days. Get a free consultation on business tax return filing by scheduling an appointment with an Retry Global Solutions Advisor.
Business Tax Filing Service Includes
Your business will be assigned a dedicated Compliance Manager who will be a single point of contact to help you maintain the compliance for your business. You can get in touch with your Compliance Manager at anytime and get assistance on matters related to your businesses compliance.
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 business income tax return.
Businesses 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 business at the end of financial year.
TDS Return Filing
TDS return must be filed by all entities required to deduct tax at source and having TAN registration. If your business 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 business has GST registration, our Compliance Manager can help you file GST returns at an additional cost based on volume.
Proprietorship Tax Return Filing
Any individual who has business income is said to be operating a proprietorship firm. Proprietorships operating in India are required to file income tax return each year. Since proprietorships are considered to be one and same as the proprietor, the income tax return filing procedure for a proprietorship is similar to individual income tax return filing.
Partnership Firm Tax Return Filing
All partnership firm are required file the income tax return, irrespective of amount of income or loss. Partnership firms are taxed as a separate legal entity under the Income Tax Act. Hence, the income tax rate applicable for partnership firms is similar to LLPs and Companies registered in India.
LLP Tax Return Filing
All LLPs are required file the income tax return, irrespective of amount of income or loss. LLPs are a separate legal entity and are taxed separately from the Partners of the LLP. The income tax rate applicable for LLPs is similar companies registered in India.
Company Tax Return Filing
All companies registered in India are required to file income tax returns each year. Under the Income Tax Act, company tax return filing falls under two categories, namely domestic company or foreign company. Companies registered with the Ministry of Corporate Affairs like Private Limited Company, One Person Company or Limited Company are classified as a domestic company.