Income Tax Return Services for Business

Running a business in India means dealing with important legal and financial tasks. Two major responsibilities for any business owner are:

  1. Filing income tax returns
  2. Registering the business under a suitable legal structure (like LLP)

At Vyapar Registration, we make these processes simple, affordable, and stress-free. In this blog, we’ll explain income tax return services for business and the LLP registration process in easy language so anyone can understand.

Income Tax Return Services for Business

Filing an income tax return (ITR) is mandatory for every business in India, whether it’s a sole proprietorship, partnership, LLP, or private limited company. Filing ITR helps you stay compliant with government rules and also shows your business is active and transparent.

How to File an Income Tax Return for a Business?

Here’s a simple step-by-step process for filing an ITR for your business:

  1. Collect Financial Data: Gather your income, expenses, sales, purchases, and other financial records for the year.
  2. Choose the Right ITR Form:
    • ITR-3 or ITR-4: For individuals and firms with business income.
    • ITR-5: For LLPs.
    • ITR-6: For companies.
  3. Calculate Taxable Income: Subtract eligible expenses and deductions from total income.
  4. Pay Advance Tax (if applicable): If your tax liability is more than ₹10,000 in a year.
  5. File Online on Income Tax Portal: Use a digital signature (DSC) if required.
  6. Verify the Return: Use Aadhaar OTP, net banking, or by sending a signed ITR-V to CPC Bangalore.

Income tax return services for business by Vyapar Registration make this entire process smooth and error-free.

 

How Much Does a CA Charge for ITR?

Charges by a Chartered Accountant (CA) for filing an ITR depend on your business type and income complexity:

  • Simple proprietorship: ₹1,000 – ₹3,000
  • Partnership or LLP: ₹3,000 – ₹7,000
  • Private limited company: ₹5,000 – ₹10,000

However, if you choose Vyapar Registration, we offer affordable income tax return services for business with expert support at budget-friendly prices.

How to Get Clients for an Income Tax Return?

If you are a tax consultant or CA, here are some simple ways to get clients for ITR filing:

  • Promote your services on LinkedIn, Google, and Instagram
  • List on platforms like Justdial, IndiaMART, or Sulekha
  • Ask for referrals from happy clients
  • Collaborate with small businesses and freelancers
  • Create helpful content or blogs to educate people

At Vyapar Registration, we also help tax professionals grow their presence by offering collaboration opportunities.

Is 12 Lakh Income Tax-Free for a Businessman?

No, ₹12 lakh annual income is not completely tax-free. For a businessman, income above the basic exemption limit (₹2.5 lakh for individuals below 60 years) is taxable under the slab rates:

  • ₹2.5–5 lakh: 5%
  • ₹5–10 lakh: 20%
  • Above ₹10 lakh: 30%

However, you can reduce your tax by claiming business expenses, deductions under sections like 80C, 80D, and more. With professional income tax return services for business, you can save tax legally and file correctly.

LLP Registration Process in India

A Limited Liability Partnership (LLP) is a popular form of business structure in India. It offers the benefits of a company (limited liability) and flexibility of a partnership.

Is CA Required for LLP Registration?

No, a CA is not mandatory to register an LLP. But the process involves preparing legal documents, digital signatures, and filing forms with the Ministry of Corporate Affairs (MCA). So it’s better to get professional help to avoid mistakes.

At Vyapar Registration, we handle the complete LLP registration process on your behalf so you don’t have to worry about legal work.

Can I Register an LLP Myself?

Yes, you can register an LLP yourself by following these steps:

  1. Get Digital Signature Certificates (DSC) for both partners
  2. Apply for Director Identification Number (DIN)
  3. Reserve LLP Name using the RUN-LLP service
  4. File Form FiLLiP with MCA along with documents
  5. Submit LLP Agreement within 30 days of incorporation

But if you are new to business registration, it’s easy to make errors. That’s why most people prefer to use trusted services like Vyapar Registration for a smooth LLP registration process.

How Much Does it Cost for LLP Registration?

The cost depends on professional fees and government charges. Here is a basic cost idea:

  • Government Fees: ₹1,000 to ₹2,000
  • DSC (2 partners): ₹1,500 to ₹2,000
  • Professional Fees: ₹3,000 to ₹6,000
  • Total Estimated Cost: ₹6,000 to ₹10,000

At Vyapar Registration, we offer all-inclusive LLP registration packages starting from affordable prices for startups and small businesses.

Is LLP Better or Pvt Ltd?

Both have their pros and cons. Here’s a simple comparison:

Feature LLP Pvt Ltd Company
Owners Partners Directors and shareholders
Compliance Low Moderate to High
Taxation 30% flat rate Tax as per slabs or 25% corporate tax
Fundraising Difficult Easy (can raise investment)
Audit Requirement Only if turnover > ₹40 lakh Mandatory audit

LLP is better if you’re starting small and want fewer compliances.
Pvt Ltd is better if you’re planning to raise funds or scale big.

If you’re confused, our experts at Vyapar Registration will help you choose the right structure and complete the LLP registration process easily.

Why Choose Vyapar Registration?

At Vyapar Registration, we specialize in making business processes easier. Whether it’s income tax return services for business or LLP registration process, we handle everything end-to-end.

✅ Expert Support
✅ Fast Online Process
✅ Transparent Pricing
✅ Complete Documentation
✅ Post-Registration Support

Final Words

Filing income tax returns and registering your business properly is essential for long-term growth and compliance. Whether you’re looking for income tax return services for business or want to begin the LLP registration process, Vyapar Registration is here to help you with simple, affordable, and trustworthy services.

Contact Us:

Address: GM Advisory Services (OPC) Pvt. Ltd.,

Plot No. 23, Kh. No. 11/4/1, C-Block,

Qutub Vihar Phase-1, Near Dwarka Sector-19, New Delhi-110071

Email: info@vyaparregistration.com

Phone: 99 11 601 901

Work Time:

10:00 AM to 6:00 PM

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