Stress-Free Business ITR Filing
Ensure 100% compliance with Income Tax regulations. From choosing the right ITR form to ensuring timely filing, EasyBiz360 manages your business tax cycle seamlessly.
Which ITR Form Does Your Business Need?
ITR-3
For individuals and HUFs having income from a business or profession.
ITR-5
Mandatory for all LLPs and Partnership firms, irrespective of profit or loss.
ITR-6
Required for all Private Limited and One-Person Companies (OPCs).
Why Timely Filing Matters
Filing your Business ITR is more than just a legal requirement—it is a cornerstone of your business’s financial health.
- Loan Eligibility: Banks and investors use your filed ITR as primary proof of income and financial stability.
- Claim Refunds: If you’ve had excess TDS deducted, filing your return is the only way to claim those funds back.
- Carry Forward Losses: Filing on time allows you to carry forward business losses to set them off against future profits.
- Penalty Avoidance: Avoid hefty late fees and scrutiny notices from the Income Tax Department.
Frequently Asked Questions
Do companies need to file even if they have zero revenue?
Yes. All companies (Private Limited, OPCs) and LLPs must file their ITR regardless of whether they conducted business or reported a loss during the financial year.
Is a Tax Audit mandatory?
If your business turnover exceeds specific thresholds (e.g., ₹60 lakhs for businesses or ₹10 lakhs for professionals), a Tax Audit by a Chartered Accountant is mandatory before filing.
What is the due date for filing?
For most businesses subject to audit, the due date is typically September 30th of the assessment year. For others, it may be July 31st.
Ready to File Your Business Taxes?
Provide your business details below, and our tax experts will handle your ITR filing with complete accuracy.