Target Audience & Scope
Intended For:
Registered Partnership Firms, Unregistered Partnership Firms, Limited Liability Partnerships (LLPs), Family Businesses, Joint Ventures
Common Tax Challenges We Resolve:
- •Calculating allowable limits for partners' remuneration and interest on capital under Section 40(b)
- •Understanding if the firm is eligible for Section 44AD presumptive taxation (applicable to standard firms, but not LLPs)
- •Mismatches between GST turnover (GSTR-1/3B) and the Income Tax portal (AIS/26AS) triggering notices
- •Confusion regarding mandatory Digital Signature Certificate (DSC) requirements for LLPs and tax audit cases
- •Handling the separate, individual tax return filings (ITR-3) required for each active partner
Inclusions
- Accurate computation of the firm's business income, depreciation, and final tax liability
- Optimization and calculation of allowable interest and remuneration to partners
- Reconciliation of GST turnover and AIS/TIS data to ensure reporting accuracy
- Guidance on tax audit applicability based on current MSME and digital turnover thresholds
- Preparation and secure e-filing of ITR-5 by a certified tax professional
Exclusions
- Statutory Tax Audit under Section 44AB (available as a custom add-on if turnover exceeds limits)
- Individual tax return filing for the partners (available as a separate add-on service)
- Monthly bookkeeping, accounting, or maintenance of partner capital accounts
- GST registration, monthly GST compliance, or annual GST audits
Our Assisted Filing Process
Simple, secure, and expert-led from upload to final submission.
1
Document Upload
Securely share your firm's P\&L, balance sheet, partnership deed, and GST returns.
2
Expert Computation
A dedicated CA computes business income, optimizes allowable partner remuneration, and finalizes tax liability.
3
Verification & E-Filing
After your approval, we securely file your ITR-5 using EVC or DSC and share the acknowledgement.
Select Your Plan
Secure Assisted Filing: One-ITR is an independent portal. All documents and data uploads are protected under strict security guidelines.
FAQs for Tax Filing
Quick answers about e-filing timelines, document submissions, and tax refund protocols.