Every firm / LLP are mandatory required to file their return of income for every year irrespective of their income
Due date
- If Tax Audit not required then 31 July of Assessment Year
- If Tax Audit required then 30 September of Assessment Year
Income of Firm LLP is taxable @ 30 % and surcharge if income exceed Rs. 1 crore @ 12%
Document required
- PAN card of firm LLP
- Form 16A
- DSC
- Bank Statement
- Bank detail
- Mail id
- Mobile
- Signatory PAN
- Copy of Balance sheet
- Copy of Profit and loss
Benefits
- Saving of late fee
- Compliance of income tax law