Income Tax for Self Employed

What is Business Income Tax Return?

It is a statement of Income, Expenses, Assets and liabilities. Assessee shall need to file Business ITR if his taxable income is crossing Rs.2,50,000/- While filing Income Tax Return, Assessee needs to disclose his turnover, expenses and derive the actual profit during the financial year along with assets and liabilities statement as on relevant financial year end.

Who and all need to file Business Income Tax Return?

  • Sole Proprietor
  • Partnership Firms
  • HUF
  • Private Limited
  • LLP
  • OPC

How RCCO Files?


Collection of Data


Preparation of Books of Accounts


Off site meeting with Balance sheet, Profit and Loss and Income Computation sheet


Tax Payment and Tax Filing


1How Long it take?
Depends on transactions, typically 5 to 10 days
2Is there any on-site visits?
Yes, with additional charges
3Is our data secured ?
Yes, we use secured data base stream