Comprehensive annual compliance for Registered and Unregistered Partnership Firms — from financial finalization to tax filings and partner-level advisory, all handled with precision.
Every annual obligation for your firm — handled by experts, so partners can stay focused on growing the business.
Preparation and finalization of the Profit & Loss Account and Balance Sheet for the financial year — accurately reflecting partner drawings, capital accounts, interest on capital, and remuneration as per the Partnership Deed.
Preparation and e-filing of ITR-5 for the firm — computing taxable income after allowable partner remuneration and interest deductions, applying applicable slab rates, and ensuring accurate advance tax compliance.
Conduct and certification of Tax Audit under Section 44AB where turnover exceeds ₹1 crore (business) or ₹50 lakh (profession). Includes preparation of Form 3CB and 3CD with detailed clause-wise reporting.
Annual review of partner capital accounts, profit-sharing ratios, admissible remuneration limits under Section 40(b), and interest on capital — ensuring the Partnership Deed is aligned with tax-efficient structures.
Where applicable, end-to-end management of TDS deductions, quarterly TDS returns (Form 24Q / 26Q), and annual GSTR-9 filing — ensuring zero discrepancies between books, returns, and Form 26AS / AIS.
Income tax return for firms not subject to tax audit.
Form 3CB & 3CD submission where turnover exceeds threshold.
Income tax return for firms under compulsory tax audit.
Annual GST return for registered partnership firms (where applicable).
Proactive deadline tracking with advance reminders. No penalties, ever.
Advisory on optimal remuneration and profit-sharing to maximise post-tax returns for partners.
A single point of contact who knows your firm's deed, partners, and financials inside out.
Confidential handling of partner financials and firm documents with strict security protocols.
Let our experts handle every filing so your partners can stay focused on the business. Reach out for a no-obligation compliance review.
4th Floor, Solitaire 1, New Link Rd, Malad West, Mumbai 400064.
+91-8169820387 | 022-46022657