Business Tax Filing & Planning
Complete business tax filing with proactive planning — advance tax, deduction strategy and year-round advisory, not just a once-a-year filing.
Starting at ₹4,350*What Is Business Tax Filing & Planning?
Business tax filing covers the annual return-filing obligation for proprietorships, firms and companies under the Income Tax Act, 1961, but the bigger opportunity lies in the tax planning that happens through the year rather than at the deadline. Businesses whose estimated annual tax liability exceeds ₹10,000 must pay advance tax in quarterly instalments under Sections 208 to 211, and shortfalls attract interest under Sections 234B and 234C. Our service pairs proactive quarterly advance tax computation with deduction and structuring strategy, so the year-end return simply reflects a plan that was already in motion — not a scramble to reduce last-minute liability.
Who Should Use This Service
Proprietorships and firms with tax liability crossing the advance tax threshold each year.
Growing businesses that want a tax strategy rather than a once-a-year filing exercise.
Businesses claiming deductions or exemptions that benefit from structured, documented planning.
Anyone who has paid interest under Section 234B/234C before and wants to avoid it going forward.
What's Included
Advance Tax Computation
Quarterly advance tax estimates to avoid interest penalties under Sections 234B and 234C.
Tax Planning & Strategy
Structuring income, investments and expenses to legally minimise tax under the Income Tax Act, 1961.
Year-Round Advisory
Ongoing support and quarterly check-ins, not just filing once a year.
Annual Return Filing
Final ITR filing that ties together the year's tax planning and advance tax paid.
Documents Required
PAN and prior-year ITR — for reference and continuity of planning.
Books of account and bank statements — to estimate income and plan advance tax accurately.
Investment and expense proofs — for deductions under applicable sections of the Income Tax Act, 1961.
Form 26AS / AIS — to reconcile TDS credit against advance tax liability.
How It Works
Business Assessment
We review your business structure, income streams and past filings.
Tax Planning
A plan is drawn up to optimise tax outgo across the year.
Quarterly Advance Tax
We compute and remind you of each instalment.
Annual Filing
Year-end return filed reflecting the full year's planning.
Timeline
Advance tax instalments fall due on 15 June, 15 September, 15 December and 15 March each financial year, with our reminders and computations sent ahead of each date. The final annual return is filed by the applicable due date — typically 31 July for non-audit businesses and 31 October where a tax audit applies.
Related Services
Common Mistakes to Avoid
Paying advance tax based purely on last year's numbers without adjusting for the current year's actual performance.
Missing one or more of the quarterly advance tax due dates (15 June, 15 September, 15 December, 15 March).
Ignoring interest that accrues under Sections 234B and 234C for short or delayed advance tax payments.
Not planning depreciation, deductions and expense timing in advance, leading to avoidable tax outgo.
Frequently Asked Questions
Who needs to pay advance tax?
Anyone with a total tax liability above ₹10,000 in a financial year, payable in quarterly instalments under Sections 208 to 211 of the Income Tax Act, 1961.
What's the difference between tax filing and tax planning?
Filing is the annual compliance step; planning is the year-round strategy — structuring income, investments, deductions and business expenses — that reduces your tax liability before the return is even due.
Can you help mid-year, not just at deadline time?
Yes, our business tax service is designed for ongoing quarterly engagement — advance tax reminders, planning check-ins and bookkeeping support — not a once-a-year rush.
What happens if I miss an advance tax instalment?
Interest under Sections 234B and 234C applies for shortfall or deferment of advance tax instalments, so we track due dates and compute each instalment in advance to help you avoid this.
Do proprietorships need a different tax approach than companies?
Yes — proprietorship income is taxed at individual slab rates on the owner's personal return, while companies and firms are taxed at flat rates under the Income Tax Act, 1961, so planning strategies differ significantly.
Can tax planning reduce my tax legally?
Yes, legitimate tax planning uses deductions, exemptions and business structuring permitted under the Income Tax Act, 1961 — this is distinct from tax evasion, which is illegal.
What happens if advance tax is not paid on time?
Interest under Sections 234B and 234C applies on the shortfall, calculated per month or part-month of delay, in addition to the tax itself.
Can advance tax estimates be revised during the year?
Yes, advance tax is paid in instalments and can be recalculated and adjusted at each due date based on updated income estimates for the year.