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Income Tax Return Filing — Business

ITR for companies, LLPs, firms and proprietors, prepared from your books by a qualified professional.

4.8 from 361 reviews 1,420 completed 5–7 working days

What this is

Every company and LLP must file an income tax return each year regardless of whether it earned anything, and a firm or proprietor must file once income exceeds the exemption limit or where an audit applies.

Which form applies depends on the entity: ITR-4 for presumptive taxation, ITR-5 for firms and LLPs, ITR-6 for companies other than those claiming section 11 exemption. Filing the wrong form makes the return defective.

The return is prepared from your books and reconciled against Form 26AS and the Annual Information Statement, so that the TDS credited to you matches what you claim. A mismatch there is the most common trigger for a processing intimation.

Compare packages

What is included Basic
₹2,499.00
Standard
₹4,999.00
Premium
₹9,999.00
ITR-4 preparation and filing under section 44AD/44ADA
Computation of income shared before filing
E-verification assistance
ITR-5 or ITR-6 preparation and filing
Balance sheet and P&L schedules
Depreciation schedule
Advance tax and TDS reconciliation (26AS / AIS)
Tax audit report (Form 3CA/3CB and 3CD) coordination
Detailed disallowance review
Response to any processing intimation

Prices are our professional fee. Government fees and stamp duty are extra and shown separately.

Who can apply

Filing is compulsory for every company and every LLP irrespective of income or loss. For firms and proprietors it is compulsory where total income exceeds the basic exemption limit, and in a range of other specified cases such as high-value deposits or foreign assets.

Filing is also necessary to carry forward a business loss — a loss return filed after the due date cannot be carried forward.

Documents you will need

This is the same list we turn into your live checklist once you order, so nothing is a surprise later.

For the business

PAN of the business PAN card of the firm/company.
Required
Certificate of incorporation COI / registration certificate as applicable.
If applicable
Bank statement Latest bank statement or cancelled cheque of the business account.
Required

How it runs

1
Data collection

Books, bank statements, TDS certificates and challans collected.

Day 1–3
2
Computation

Income computed and reconciled against 26AS and AIS.

Day 3–5
3
Your approval

Computation shared; we file only after you approve it in writing.

Day 5–6
4
Filing and verification

Return filed and e-verification completed.

Day 6–7

What the fees are

Our professional fee
Standard package
₹4,999.00
Income tax return filing
There is no government fee for filing a return. Tax payable, if any, is separate.
₹0.00
GST @ 18% on our fee ₹899.82
Government fees shown here are indicative. Statutory fees and state stamp duty change by notification and vary with your state and authorised capital. We confirm the exact figure for your case before you pay.

What happens if you do not do this

Late filing attracts a fee under section 234F of up to ₹5,000, and interest under sections 234A, 234B and 234C on unpaid tax.

The more expensive consequence is the loss of the right to carry forward business losses, which is forfeited if the return is filed after the due date. For a loss-making company that can be worth far more than the fee.

What comes after

A filed return must be e-verified within the prescribed period, failing which it is treated as never filed. Processing usually follows within weeks and may generate an intimation under section 143(1).

We seed next year's due date, advance tax instalment dates and TDS return dates into your compliance calendar automatically.

Questions people actually ask

Does a company with no income still have to file?

Yes. A company and an LLP must file every year regardless of income, loss or dormancy. Non-filing is one of the routes to director disqualification.

What is the due date?

It varies by entity and by whether an audit applies. Broadly, 31 July for non-audit cases and 31 October where a tax audit is required, subject to any extension notified for that year. We confirm your specific date and put it in your calendar.

When does a tax audit become compulsory?

Broadly where business turnover exceeds ₹1 crore, or ₹10 crore where cash receipts and payments are each within 5% of the total, and for professionals above the prescribed gross receipts. The presumptive schemes have their own rules.

Can I file after the due date?

A belated return can be filed up to the prescribed date, with late fee and interest. You cannot carry forward business losses in a belated return, which is usually the real cost.

What is the difference between 26AS and AIS?

Form 26AS shows tax deducted and deposited against your PAN. The Annual Information Statement is broader and includes reported financial transactions. Both should reconcile to your return before filing.

Do you file without showing me the computation?

Never. The computation goes to you for written approval and the return is filed only after you approve it. That approval is recorded against the order.