Taxation

Tax burdens and responsibilities at the federal, state, local, and international levels eat up time and money. Whether you're an individual, a business, a nonprofit, or in charge of a trust or estate, appropriate preparation and advice from a knowledgeable professional can make tax management easier. You'll gain piece of mind if you have more control over your taxes, which is something we all owe ourselves. Tax professionals at M/S UNMESH NARVEKAR & CO.  eat, sleep, and breathe taxes (and actually enjoy it). We are really concerned about you and your company. We deliver you ideas and possibilities that make sense for you when we work together.

Return Filing

To file tax returns for a partnership firm, one needs to use the Form ITR-5. The form ITR-5 is utilized to file tax returns for the partnership firm itself and not for the firm’s partners. Also, it must be noted that while filing these returns, one does not want to add any approving documents. The deadline for filing income tax for a partnership firm is dependent on whether the firm is expected to be audited or not. – Where the firm is not expected to be audited, the income tax returns must be filed by 31st July. – Where the firm is expected to be audited, it has to file its income tax returns by 30th September.

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