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.
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:-
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