Business Tax Return

Business Tax Return

business tax return is basically an income tax return. The return is a statement of income and expenditure of the business. Also, any tax to be paid on the profits made by you is declared in this return. The return also contains details of the assets and liabilities held by the business. Items like fixed assets, debtors and creditors of business, loans taken and loans were given are declared here. Every taxpayer whose turnover is above Rs. 1 Crore in case of businesses and Rs. 50 Lakh in case of professionals is required to get a tax audit done. The taxpayer has to appoint a Chartered Accountant to audit their accounts.

Customized Tax Return Services

Our process begins by gathering all the vital tax documents and ensuring the accuracy of the available information. We then run those documents through our reliable software that suggests all the exemptions and deductions applicable to your tax returns. The extensive and diligent process of tax filing at Casinglasingla Outsourcing includes:-

• Collection of income-related documents from Accounting Firms through FTP server.
• Scanning of documents as images prior to the accounting procedures.
• Meticulously processing income tax records given period.
• Adding fuel charges to the relevant areas after keenly scrutinizing the documents.
• Preparation of tax returns for specific schemes.
• Updation of final documents in the requested format.