End-to-end tax compliance, audited financials, and partner remuneration structuring for Partnership Firms and LLPs.
Partnership firms and Limited Liability Partnerships (LLPs) have unique taxation rules regarding partner salaries, interest on capital, and profit distribution. We handle the complete financial lifecycle: from bookkeeping and statutory audits to filing the firm's ITR-5 and managing partner-level taxation.
Incorrectly drafting the partnership deed or failing to claim allowable deductions for partner remuneration (under Section 40(b)) can lead to double taxation. LLPs also face stringent ROC compliance deadlines with heavy late fees for non-filing.
Optimized structuring of partner salaries and interest to save firm taxes.
Seamless integration of firm accounting, GST, and Income Tax.
Timely filing of Form 11 and Form 8 for LLPs.
Representation before tax authorities for assessments.