Business Income Tax Filing Plan & Pricing

Expert assisted Income tax filing for individual businesses, Tax audit will be performed if turnover is above 10 Crore ( OR if more than 5% of receipts and Payments are made in cash). Rs 10 crore tax audit limit applicable from FY 2021-22 (if 95% of receipts and payments are made digitally). Fast, reliable, affordable, Expert support through Email, phone & chat during the business hours

Service

Expert assisted Income tax filing for individual businesses
Tax audit will be performed if turnover is above 10 Crores or based on the requirement. * Refer Tax Audit Rule
Review of your IT account to look for past Notices
Expert support through e-mail, phone & chat during the business hours

Find whether you need a tax audit or not? using Tax Audit Calculator

Who should buy?

Individual businesses who needs Business Filing along with Profit and Loss statement

Process

Upon receiving the documents, our expert will call you before starting the process
Expert team will exchange the information through email and phone calls, if necessary.
Team will send you the Draft Computation Sheet for further review
Once confirmed, team will e-File your return, and send you the ITR-V acknowledgement
Estimated Processing Time: depends on availability of information per audit requirement, generally within 7 days
Estimated Processing Time: without Audit 1 Day

Documents to be Submitted

Income Tax Portal Credentials OR PAN Number and Date of Birth.
e-mail ID & Mobile Number.
Bank Statement for the FY
Business or Profession Details
Business Expenses, Business Loan, and Books of Accounts (if available)
Investments, Sales, Purchase, and loan details
Any other incomes, Investments or Savings details

Other Benefits

Every Service comes with the benefits such as

e-File & PDF Report
e-Verification Assistance
Post Service Follow up

Important Links

Presumptive Income Tax Guide

Presumptive Income FAQs

Client Reviews

Chithra Kannan
Head Automation & Dev Ops at Thomson Reuters

Impeccable, thorough, prompt Assisted Income Tax Filing from EZTax.in gave me the peace I deserved. Though it was at the peak Tax season, they are able to run the right horses in-time to get what is otherwise a complex tax filing.

Jaya Prakash
Bangkok169 Restaurant Chain

Virtual Accounting Services from EZTax.in helped us in handling our accounting thorough and up-to-date.

C Srinivas
Director-CR, ICFAI Business School

Had a great experience in filing my tax with EZTax. It is easy to use with step by step screens. The team provided quick, thorough and friendly support. EZHelp from their Self-Service Tax Filing Solution took care of most of my doubts. One only needs to upload Form 16 in pdf and the software takes care of everything else.

Vijay Krishna V
Oregon Health & Science University, USA

I filed my NRI filing with EZTax.in last year and their support team is the best I experienced so far. Despite I was in USA, they are able to accommodate the communication and coordination.

Kiran Chadalavada
Anuradha Timbers International

We choose EZTax.in Books - GST Ready Accounting Services to minimize our dependency on accounting personnel. Over the time, we realized the advantages of their technology platform from EZTax.in GST. Today, I get my P&L, invoices, payables, & receivables on my mobile, and their Entity 360 view helps me up-to-date on the run, and drive right conversation with my stakeholders. Now, we are in the process of transitioning other businesses to EZTax.in

Latest Google Reviews

Business Income IT Filing FAQs

A comprehensive list of frequently asked questions on Business Income IT Filing.

1.What is the due date for Filing Income Tax returns for individuals with business?

The due date for filing Income Tax Return without audit is July 31st every year. If Audit is required, then the due date is 30th September (subject to changes as per the latest circulars). Refer Comprehensive Tax Calendar for the latest dates

2.Who is liable for Tax Audit?

Every Business whose turnover is more than Rs 1 crore / Rs 50 Lakhs in specified business is required to get Tax Audit.

Update: Starting from FY 2020-21, the threshold limit, for a person carrying on business, is increased from Rs. 1 Crore to Rs 5 Crores for FY 2020-21 and Rs 10 Crores from FY 2021-22 in case when the cash receipt and the payment made during the year does not exceed 5% of the total receipt or payment, as the case may be. In other words, more than 95% of the business transactions should be done through banking channels (read as traceable electronic channels) to avoid tax audit.

3.How can I send documents ?

You can send the soft copies of the required documents to support@eztax.in or upload the documents on EZTax Website.

4.What is the Draft computation sheet ?

It is nothing, but your income tax computation sheet prepared by EZTax. In other words it is summary of your income tax computation details.

5.How to give confirmation to draft sent by EZTax ?

After receiving draft from EZTax.in through mail, you can revert to that mail with your opinion to proceed further.

6.What is ITR-V acknowledgement ?

ITR-V stands for Income Tax Return Verification Form. You will receive ITR-V when you file your Income Tax return online.

BUSINESS FILING

from ^Rs.3990

Actual Price Rs. 4200 ( -5% Offer ) Use Discount Code A713864

with tax audit from Rs. 12800/-