Annual Compliances For Proprietorship
In Delhi

We are experts who know how to make the work as painless and seamless as possible for you.

File Annual Compliance now

Hassle Free Online Process
Easy & Hassle Free Online Process
Dedicated Expert & Account Manager
Dedicated Expert & Account Manager
Advisory Session From Experts
Advisory Session From Experts

Who are the Individual/Proprietor

Taxpayer other than the Pvt.Ltd Companies, Opc Companies, LLp , Partnership , Ltd companied are to be called as Individual/Proprietor.
Movmi case study graphics-03
Why these compliance required for an individual/Proprietor

a) If an individual income cross the basic limit of exempted income tax limit then it is mandatory for him to file the Income tax return and if income not cross the basic limit then it is optional to him for filling the income tax return.
b) An individual who is registered under the Gst act required need to file Gst return monthly basis .

back and forth bar case study icons-03
Due date for filling

a).For Income tax filling Last date for filling income tax return will be 30the July.
b).In case of Gst last date of filling is Gst3b will be next 20th of the following month.

Our Packages

All packages are inclusive of GST and Government Fees.
starter
Income Tax Return of firm

Starting at ₹ 11800

  • Income Tax Return
  • Get Started
    growth
    Income Tax Return with Tax Audit

    Starting at ₹ 35400

  • Income Tax Return
  • GST Compliances
  • Tax Audit
  • Get Started
    Premium
    GST Compliances

    Starting at ₹ 23600

  • Income Tax Return
  • GST Compliances
  • Get Started

    Documents Required For Annual Compliances For Proprietorship

    • Invoices of Purchases and Sales during the year
    • Invoices of expenses incurred during the year
    • Credit Card Statements if Expenses are incurred by Proprietor on behalf on Company
    • Bank Statements from 1 April to 31 March for all bank accounts in the name of firm
    • Copy of GST returns filed (If Any)
    • Copy of TDS Challans Deposited (If Any)
    • Copy of TDS Returns filed (If Any)

    Process Involved

    Save money on filing your annual compliance, have a word with experts and get it done now.

    Lets talk

    FAQs

    The Proprietor must be an Indian citizen and a Resident of India. Non-Resident Indians and Persons of Indian Origin can only invest in a Proprietorship with prior approval of the Government of India.

    There is no limit on the minimum capital for starting a Proprietorship. Therefore, a Proprietorship can be started with any amount of minimum capital.

    It is not necessary for Proprietorships to prepare audited financial statements each year. However, a tax audit may be necessary based on turnover and other criterion.

    Proprietorship firms are business entity that are owned, managed and controlled by one person. So Proprietorship firms cannot issue shares or have investors

    No, the Proprietorship firm and the Proprietor are one and the same. The PAN Card of the Proprietor will be the PAN Card of the Proprietorship business.Therefore, there will be no separate legal identity for the business. The assets and liabilities of the Proprietorship business and the Proprietor will also be one and the same.

    Questions? Let's Chat
    Customer Support
    Need Help? Chat with us on Whatsapp