We provide income tax return filing services specifically focused to the needs of small and medium-sized businesses.
We also file taxes for International businesses who are doing business in India.
Tax filing is not just a legal requirement, proper planning is critical to the success of any business. We work hard to plan corporate taxes and maximize the benefits for your business.
We’ll determine what kinds of tax exemptions you qualify for and which deductions can be taken for your type of business.
eFile your business tax returns with Wissen Business Solutions
Yes. The IT Department has rules for all businesses operating throughout the country to file income taxes each and every year.
A proprietorship firm is run by a single person called the proprietor. Proprietorship is not a separate legal entity, that is, both the proprietor (business owner) and the business are the same. Due to this, ITR filing for proprietorship is the same as that of the proprietor.
Proprietors are required to file IT returns year after year.
As per the Income Tax Act, all partnership firms are treated as separate legal entities and are applicable for tax rates.
All LLPs or Limited Liability Partnerships are considered separate legal entities and their income tax rate is similar to that of all companies registered in India.
The Income Tax Act declares that all LLP’s must file their tax returns irrespective of the loss or gain they have incurred in that year. If the LLP has seen no business activity or registered income, then a NIL income tax must be promptly filed.
Irrespective of income or loss, partners of partnership firms or LLP’s are required to do IT filing.
All types of business structures like Private Limited Company, Limited Company, Limited Liability Partnership company, One Person Company are registered under the Ministry of Corporate Affairs. All such companies are mandatorily required to file IT returns as prescribed by the Income Tax Act.