Service Details

Annual Compliance for Partnership Firm Services 👇

🤝 Annual Compliance for Partnership Firm Services

Stay Legally Compliant. Avoid Penalties. Focus on Growth.

💼 Overview

A Partnership Firm, whether registered or unregistered, must fulfill certain annual compliance requirements under the Income Tax Act, 1961 and, where applicable, under the State Partnership Act.

Proper compliance ensures your firm remains transparent, avoids legal penalties, and maintains financial credibility with banks, vendors, and clients.

Our Annual Compliance for Partnership Firm Services ensure smooth, timely, and accurate filing of all statutory and financial requirements.

⚙️ Our Services Include

🧾 1️⃣ Accounting & Bookkeeping

• Maintenance of day-to-day accounting records

• Ledger creation, journal entries, and reconciliation

• Preparation of trial balance, profit & loss account, and balance sheet

📘 2️⃣ Income Tax Compliance

• Filing of Income Tax Return (ITR-5) for the firm

• Calculation of taxable income and partner remuneration

• Depreciation and expense claim adjustments

• Compliance with Section 40(b) (partner salary & interest)

📗 3️⃣ Tax Audit & Financial Reporting

• Tax audit under Section 44AB (if applicable)

• Preparation of Audit Report and submission

• Review of financial statements by professionals

⚖️ 4️⃣ GST Compliance (If Registered)

• Monthly/Quarterly GST return filing (GSTR-1, GSTR-3B)

• Annual GST return filing (GSTR-9)

• GST reconciliation and input tax credit management

📄 5️⃣ TDS & Other Statutory Filings

• TDS return filing (Form 24Q/26Q)

• Professional Tax, EPF, or ESIC filings (if applicable)

• Maintenance of payment challans and records

📋 6️⃣ Partner Compliance

• Preparation of Partner Remuneration Statements

• Profit-sharing ratio reporting

• Drafting of resolutions for any internal changes

📑 Documents Required

1. PAN of firm and partners

2. Partnership Deed

3. Financial statements (P&L, Balance Sheet)

4. Bank statements and invoices

5. GST login details (if applicable)

6. TDS details (if applicable)

💡 Why Choose Us?

✅ Experienced tax and compliance professionals
✅ 100% online and transparent process
✅ Timely filings and accurate documentation
✅ Affordable annual plans
✅ Complete bookkeeping to audit support

💰 Pricing

💼 Annual Compliance Package – Starting from ₹3,999/year
Includes accounting, ITR filing, and compliance advisory.

Custom packages available for GST-registered and audited firms.

📈 Benefits of Annual Compliance

✔️ Builds firm credibility with clients & banks
✔️ Avoids penalties & late fees
✔️ Ensures smooth partner profit allocation
✔️ Keeps firm legally active and compliant

📞 Contact for Annual Compliance for Partnership Firm Services

SAI KUMAR VARALA & CO
✅ Partnership Firm Compliance | Tax Filing | Accounting | Audit | GST | TDS
📱 Mobile: 7337500748
📧 Email: saivarala33@gmail.com