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A business tax return is basically an income tax return. The return is a statement of income and expenditure of the business. Also, any tax to be paid on the profits made by you is declared in this return. The return also contains details of the assets and liabilities held by the business. Items like fixed assets, debtors and creditors of business, loans taken and loans were given are declared here.
You can file your Business Income Returns online, either on the income tax department’s website or with us on mereprofit.com.
Income Tax filing or e-filling is made easy on meraprofit.com. You can e-file your returns within just 7 minutes!
- PAN Card copy for individual / business or related information
- Aadhaar Number
- Full Address or Aadhaar Copy
- e-mail ID & Mobile Number
- Bank Account Number & IFSC Code
- Bank Statement
- Business or Profession Details
- Business Expenses, Business Loan, and Books of Accounts (if available)
- Investments, Sales and Purchase Details
- Any other incomes, Investments or Savings details
- Form 26AS or Income Tax Login Credentials
- Process of Business Income Return filing
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