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All Over India Service Available
Welcome to Money Finkart
ITR for Partnership Firms and LLPs
ITR Filing for Partnership Firms & LLPs – AY 2024-25 (FY 2023-24)
Professional Tax Return Filing for Firms and LLPs with or without Audit – Money Finkart, Mumbai
Partnership Firms and LLPs must file an ITR annually, regardless of income or profit. Our experts ensure accurate filing, compliance with audit rules, and smooth partner capital account reconciliation across India.
Why Choose Money Finkart?
CA-reviewed Return Filing
Ensure accurate partner disclosures, capital accounts, and compliance.
Secure Filing
Confidential treatment of your firm’s sensitive data and records.
Tax Planning + Audit Support
Plan for deductions, MAT, and capital gains with expert advice.
Mumbai HQ with PAN India Coverage
We serve firms across India via digital and phone-based support.
Multi-Channel Support
Talk to us via call, email, or WhatsApp anytime.
Our Reach: ITR for Partnership Firms and LLPs Across India
We proudly serve customers across all major cities and states in India, including:
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jharkhand
- Karnataka
- Kerala
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Sikkim
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal
- Andaman and Nicobar Islands
- Chandigarh
- Dadra and Nagar Haveli and Daman and Diu
- Delhi (NCT)
- Lakshadweep
- Puducherry
- ...and more!
Who Should File?
- Registered or unregistered Partnership Firms
- LLPs registered with MCA
- Firms with NIL income but active status
- Firms audited due to turnover > ₹1 Cr (business) or ₹50L (profession)
- Firms with capital gains, interest, or partner remuneration
Applicable ITR Form
- ITR-5: For all LLPs and Partnership Firms (non-presumptive)
Tax Rates for Partnership Firms/LLPs
| Particular | Rate |
|---|---|
| Flat Income Tax | 30% of Total Income |
| Health & Education Cess | 4% on Income Tax |
| Surcharge | 12% if income exceeds ₹1 crore |
| Minimum Alternate Tax (MAT) | Not Applicable for LLPs |
Required Documents
- Firm/LLP PAN Card
- Partnership Deed or LLP Agreement
- Balance Sheet & Profit and Loss Statement
- Partners' Capital Account Statement
- Partner Salary & Interest Details
- GST Returns (if applicable)
- TDS Returns & Form 26AS
- Audit Report (if applicable)
- Bank Statements
What We Cover
- Finalization of Books & Capital Account Reconciliation
- Tax Computation & Depreciation as per Income Tax Act
- Partner Remuneration & Interest Review as per limits
- Preparation & Filing of ITR-5 (with audit annexures if required)
- E-verification of return & acknowledgement
- ROC & MCA Compliance Support (LLPs only)
Presumptive Taxation (Optional)
- Section 44AD available for partnership firms with turnover < ₹2 crore
- Declare 8% (6% for digital receipts) as presumptive income
- No books or audit required
- Not applicable to LLPs
ITR Due Dates – AY 2024–25
| Firm Type | Due Date |
|---|---|
| Without Audit | 31 July 2024 |
| With Audit | 31 October 2024 |
Late Filing: Penalty up to ₹10,000 and loss carry-forward may be disallowed.
File Your Firm’s ITR with Experts
📱 Call/WhatsApp: +91 82912 26134
📧 Email: money@moneyfinkart.com
🏢 Address: Money Finkart, Mumbai, Maharashtra
🌐 Website: www.moneyfinkart.com
💡 Note: Ensure your partnership firm or LLP is fully compliant this financial year. Trust Money Finkart for fast, secure, and accurate ITR filing.
Income Tax Return
We're Here to Help
Have questions? We're just a call or message away! Contact us via phone, WhatsApp, or email.
