Easy Filing of Your Business Tax

Every business operating in India requires to file a tax return each year. Along with filing income tax return, a business might also be needed to file TDS return and pay advance tax to comply with the Income Tax Act. Venture Support is a leading tax services platform in India, offering various services like registration, GST return filing, income tax filing and more. Venture Support can assist you to file an income tax return for your business.

Filing of Your Business Tax

ITR-5

This is to be filled by:

• Firms
• A body of individuals (BOI’s)
• Association of Persons (AOP)
• LLPs

Venture Support offers this service at just Rs.3500/-

ITR-6

This is to be filed by every company other than companies claiming exemption under section 11. The condition that furnishes exemption includes charitable and religious purposes.

Venture Support offers this service at just Rs.3500/-

ITR-7

This is for below individuals and companies which furnish returns the following:

• Section 139 (4A) – With property for trust or religious or charitable purpose
• Section 139 (4B) -Political parties
• Section 139 (4C) – News Agencies, Scientific research organizations, Institutions and associations that come under 23 (A) and (B)
• Section 139 (4D) – University, colleges that claim exempt under any of the sections of 139
• Section 139 (4E)

Venture Support offers this service at just Rs.3500/-

To Calculate Taxes Under the Income Tax Act, The Types of Companies can be Defined as Below:

• Domestic Companies: This category includes, companies registered under the Companies Act of India and also includes the companies registered in foreign countries with management and control, in India. A domestic company can be a private or a public company.
• Foreign Company: These companies are not registered under the companies act of India and the control and management is done from outside India.

What is income of a company?

• Profits from the business
• Capital Gains
• Income from property rent
• Income from other sources like interest, dividend, etc.

Why Venture Support

With our team of counselors, you are just a phone call away to have all your queries answered and assist in filing your tax returns.
Businesses are required to maintain accounts and prepare financial statements at the end of each financial year. Based on the nature of your business, our experts will help you with all the documents and file your business income tax return.