Documents Required
- PAN of the Applicant(Proprietor)
- Aadhaar Card
- Proof of business registration or Incorporation certificate
- Identity and Address proof of Promoters/Director with Photographs
- Address proof of the place of business
- Bank Account statement/Cancelled cheque
- Letter of Authorization/Board Resolution for Authorized Signatory
- Rent Agreement in case the PPOB(Principal Place of Business) is rented
Benefits
- Simplifies taxation services
- Reduction in costs of products & services
- Helps avoid lengthy taxation services
- Aimed at reducing corruption and sales without receipts
- Uniformity in the taxation process
- Composition scheme for small businesses
GST Return Filing
Any person working a business entity is responsible for being enrolled with the GST system and GST filing. The key criteria for which enlisted business personnel is required to carry out GST filing:
- Monthly GST returns
- Yearly GST returns
- GST filing for input/purchase
- GST filing for output/supply
Late fee/Penalty to file GST
In case the citizen fails to file the GST returns within the indicated date given by the GST department, at that point the citizen has to pay a late fee along with interest @18%. The late fee will be Rs.20 per day if it is NIL return or else Rs 50 will be levied if you fail to furnish the return within the indicated date. Hence, it will come around Rs.25 under the CGST and again Rs.25 under the SGST. The sum to be paid will be Rs.50 per day. The maximum late fee can be Rs.5000. The IGST does not charge any late fees.
Annual Compliance & Others
Annual Compliance & Filing
The Companies Act, 2013 of Indian Govt. legitimately commands each entity in the nation to take after the statements of the Annual Compliance. For the Private Limited Companies (Pvt. Ltd.), One Person Companies (OPC), or Limited Liability Associations (LLP), Annual Compliance acts as a normal overhaul to the Govt. that the entity is conducting its trade under the specific Act.
Benefits of Timely Filing
- Customer support available in 6 languages including English
- Free Annual Compliance Drafting
- Free Consultations – Readily available!
- Statutory Audit with Audit Fees
- Point-to-point update for upcoming compliances & requirements
- Call, E-mail, Chat support
- Recommendable service at an unbeatable price
Who will submit Annual Compliance
- A panel of Chartered Accountants who are always prepared to provide you the adequate online assistance.
- Our esteemed CAs will be preparing and handling your accounts personally
- India’s one of most most efficient CA panel
- 360° corporate legal assistance
- Maximum Paperless documentation
★ Private Limited Company/One Person Company
- ADT – 1: Auditor Appointment
- AOC – 4: Annual Return Filing (within 30 days of Company’s AGM)
- MGT – 7: Annual Return Filing (within 60 days of Company’s AGM)
- DIR – 3: KYC of the Company Director(s)
- INC – 20A: Declaration for the commencement of business
- Financial statement preparation
- Income Tax Return Filings
Documents Required
- Directors’ Board Meeting minutes
- Profit & Loss Balance Sheet of Pvt. Ltd./OPC
- Conclusions from the Annual General Meeting (AGM)
- Audit report
- Financial statement preparation
- Income Tax Return Filings
Limited Liability Partnership (LLP) Company
- Form 8: Statement of Accounts
- Form 11: Annual Return of LLP
- Financial statement preparation
- Income Tax Return Filings
- DIR-3 Kyc of the Directors
Documents Required
- Conclusions from the Annual General Meeting (AGM)
- Profit & Loss Balance Sheet of LLP
- Audit report
- DSC of the Partners
- Incorporation documents (PAN Card, Certificate of Incorporation)
Section 8 Company
- ADT – 1: Auditor Appointment
- AOC – 4: Annual Return Filing (within 30 days of Company’s AGM)
- MGT – 7: Annual Return Filing (within 60 days of Company’s AGM)
- DIR – 3: KYC of the Company Director(s)
- INC – 20A: Declaration for the commencement of business
- Financial statement preparation
- Income Tax Return Filings
Documents Required
- Directors’ Board Meeting minutes
- Profit & Loss Balance Sheet
- Conclusions from the Annual General Meeting (AGM)
- Audit report
- DSC of the Directors
- Incorporation documents (PAN Card, Certificate of Incorporation)
Public Limited Company
- ADT – 1: Auditor Appointment
- AOC – 4: Annual Return Filing (within 30 days of Company’s AGM)
- MGT – 7: Annual Return Filing (within 60 days of Company’s AGM)
- DIR – 3: KYC of the Company Director(s)
- INC – 20A: Declaration for the commencement of business
- Financial statement preparation
- Income Tax Return Filings
Documents Required
- Directors’ Board Meeting minutes
- Profit & Loss Balance Sheet
- Conclusions from the Annual General Meeting (AGM)
- Audit report
- DSC of the Directors
- Incorporation documents (PAN Card, Certificate of Incorporation)
Tax Planning and Consultation
What is the Tax Planning Process
Tax planning is the legitimate procedure of diminishing the payable tax liabilities in a specific financial year. It incorporates the course of activities such as managing tax implications, deductible taxes, and an appropriate planning to distinguish the amount of tax due. It plays a basic role for the budget efficiency as well.
Who is a Tax planner/ Tax Advisor/Financial Planner?
In the Business accounting wording, the Tax Advisors are the monetary specialists specialized in any Tax-related instances. Be it filling an individual tax or the yearly compliance filing for an organization, financial tax experts play a huge part in tax planning and lessening the payable tax amount whereas taking after the Act’s provisions.
Who will manage my Tax Planning Procedure?
Our group of financial advisors, tax assessment specialists, budgetary organizers, and the qualified CAs, will oversee the total financial affairs of an individual or organization to oversee the Tax Planning method.
What are the responsibilities of our Tax Planner and Advisors
- Planning & Preparation of your Tax Returns
- Proper maintenance of tax records and receipts
- Advice on legal issues and formalities
- Arranging & filling out taxation forms
- Communication with taxation authorities
- Calculating the liable tax amounts
- Gathering information from in-house & external sources
- Use of contemporary Technologies
- Keep updating about new regulations
Objectives of Tax Planning
- Healthy Economical Growth
- Reduction of Tax Liability
- Avoiding Legal Issues
- Economic Stability
Income Tax Return
Documents Required
- Aadhar
- PAN
- Phone Number and Email Address
- Valid Bank Account Number
- Bank Statement
- Form 16/16A
Payroll Compliance