INCOME TAX RETURN (ITR) FILING
Income tax is a tax imposed by the Central Government on income of a person.
The form that contains information of income and tax paid of an assessee is called Income Tax Return. The Income Tax Department of India has various forms for it such as ITR 1, ITR 2, ITR 3, ITR 4S, ITR 5, ITR 6 and ITR 7.
GST RETURN FILING
A GST Return showcases the details of your purchase, tax paid on purchases, sales, and tax collected on sales.
As per the GST law, every individual/Company/LLP registered under the GST Act has to furnish the details of sales, purchases and the tax paid by filing for GST returns with the administrative authorities.
ANNUAL COMPLIANCE FOR PVT LTD
A startup running as a private limited company has to follow numbers of compliance as laid down by various statutes and other regulatory bodies.
These include but are not limited to the periodic filing of tax and other returns, holding the board and other meetings, maintaining statutory books and accounts etc.
ANNUAL COMPLIANCE FOR LLP
Every LLP is required to file Annual Return in Form 11 to the Registrar within 60 days from the closure of financial year i.e. Annual Returns have to be filed on or before 30th May every year.
LLPs are separate legal entities; therefore, it is the responsibility of the Designated Partners to maintain a proper book of accounts and file an annual return with the MCA each financial year. LLP form 11, Form 8 & Income tax return are main compliances
TDS RETURN FILING
Tax Deducted at Source or TDS is a source of collecting tax by Government of India at the time when a transaction takes place
The tax is required to be deducted at the time money is credited to the payee’s account or at the time of payment, whichever is earlier.