Mind Your Tax Logo

Income Tax Return Filing for Business in Bangalore, India

In India, filing a business income tax return is an annual process in which businesses declare the income earned during a financial year to the income department. With Mind your tax businesses, professionals and freelancers file their income tax easily. Our tax experts submit your tax in the right manner and on time, thus saving your money and keeping you away from the tax penalties.We assist you with Income Tax Returns filing for Business and Private Limited Companies. We tailored our approach to your requirement.

ITR Filing For Businesses Services in Bangalore

We offer comprehensive Income Tax Return Filing for Private Limited Company and other Businesses. Whether you are running a small business or a large-scale professional, we provide you personalised assistance and timely submission.With tailored packages for all types of turnover points, our team ensures compliance, maximises savings and simplifies the entire filing process.

 

Our ITR Filing For Businesses Service

Business Owners & Professionals – Basic

In this process you have to fill a form that enables you to declare the taxes paid for the current year as per your income slab. There are seven different ITR forms in this, like ITR1, ITR2, ITR3, ITR4, ITR5, ITR6, ITR7. This ITR filing plan has been designed to provide you professional help in preparing financial statements and filing professional ITR.

Business Owners & Professionals – Advance

Salaried person, freelancer and business. If your total income in a year is ₹50 Lakhs or more than that, then you have to pay advance tax. All tax rates are applicable on paid persons, freelancers and businessmen.

Business Owners & Professionals - Advance Pro

It is necessary to report the business income at the time of filing return to avoid any tax non-compliance. At the end of the year businesses struggle to manage their accounts. This premium ITR filing plan is designed to help you professionally in preparing financial details and filing business ITR.

 

Advantages of ITR Filing For Businesses

  • Ensuring compliance with tax laws makes it easier to avoid penalties.
  • Providing income proof can help you get a loan.
  • Helps unlock potential deductions and credit.
  • Improves your credibility with customers and vendors

 

ITR Filing for Businesses Document Required

Here's a table outlining the documents required for ITR filing for businesses :- 

Document Description
PAN CardPermanent Account Number for tax identification 
Financial StatementsIncludes Profit and loss account, balance sheet etc.
Bank Statements Statement for the financial year to verify income. 
TDS CertificateTax Deduction at source certificates for tax credits 
Invoices and ReceiptsDocuments showing sales and expenses incurred.

Penalty For Not Obtaining ITR Filing For Businesses

Failure to file income tax returns for business income may face heavy penalties. Businesses can face a penalty of up to ₹10,000 for late filing and also face additional interest charges. Ensure compliance and save yourself from penalties by following professional ITR services designed for Business . 

Why Choose Us for ITR Filing?

Expert Advice: We have experienced tax professionals who know the most recent taxation regulations, and they will provide you with excellent advice.

Save Time: We handle all the paperwork and tax-related details, freeing you from hours of calculations. This will free up your time to concentrate on other areas of your business.

Maximize Savings: We assist you in identifying any possible deductions and exemptions, ensuring that you save as much money as possible.

Personal Attention: Our dedicated team caters to diverse needs including small business owners, freelancers, or professionals like lawyers.

Confidential and Secure: Your details are handled with care. Your privacy is guaranteed through data protection technology.

Simplify Everything: When it comes to Pvt Ltd registration and company tax return online, we have made it a smooth process that does not put pressure on people. Working towards simplicity is how we avoid jargon in our statements. 

Our Services

Business Owners & Professionals - Advance
  • Business Resident - Turnover more than Rs 1 Crore
  • Professional Resident - Turnover more than Rs 50 Lacs
  • Tax audit is applicable
₹ 2599
(excl. of taxes)
₹5499
Save 52%

Business Owners & Professionals - Basic
  • Business Income - Turnover less than Rs 1 Crore
  • Professional Income - Turnover less than Rs 50 Lacs
₹ 1299
(excl. of taxes)
₹2999
Save 56%

Business Owners & Professionals - Advance Pro
  • Business Resident - Turnover more than Rs 1 Crore
  • Professional Resident - Turnover more than Rs 50 Lacs
  • Capital Gain
  • Tax audit is applicable
₹ 2999
(excl. of taxes)
₹5999
Save 50%

Frequently Asked Questions