Partnership Firm Tax Return Filing
Easily file Partnership Tax Return with Expert Help from CBS Stracon
Partnership firms is among the most common types of business entity in India wherein two or more persons join together to undertake a profit for business. Under Income Tax Act, a partnership firm is defined as “Persons who have entered into a partnership with one another are called individually "partners" and collectively "a firm", and the name under which their business is carried on is called the "firm name". Partnership firms are required to file income tax return in form ITR 5 each financial year. To file the income tax return of a partnership firm, book of accounts must be maintained and tax audit may have to be obtained based on various criterias.
Major Compliances for a Partnership Firm
Your partnership firm will be assigned a dedicated Compliance Manager who will be a single point of contact to help you maintain the compliance for your partnership. You can get in touch with your Compliance Manager at anytime and get assistance on matters related to your business compliance.
Partnership firms 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 partnership firm at the end of financial year.
GST Return Filing
GST return must be filed by all entities having GST registration. In case your partnership firm has GST registration, our Compliance Manager can help you file GST returns at an additional cost based on volume.
Income Tax Return Filing
Income tax return of a partnership firm 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 partnership firm tax return.
Our compliance Expert will prepare the Tax Return for your Partnership based on the financials and performance during the previous financial year.
Once the Income Tax Return is prepared in the requisite format, the Client's Finance Team can verify the prepared return and affix the digital signature.
Once the Tax Return is prepared and verified, the Return can be filed with the Income Tax Department along with the necessary attachments.
PACKAGES & PRICING
13,265 INR + 18% GST
Income tax return filing and compliance management for a partnership firm with a turnover of less than Rs.10 lakhs per annum.
17,565 INR + 18% GST
Income tax return filing and compliance management for a partnership firm with a turnover of less than Rs. 50 lakhs per annum.
20,915 INR + 18% GST
Income tax return filing and compliance management for a partnership with a turnover of less than Rs.100 lakhs per annum.