AApbiz

Income tax returns and planning, without the last-minute rush.

We prepare and file your returns accurately, plan advance tax so there are no surprises, and deal with the department when a notice arrives.

Income tax is where small business owners most often feel exposed: the choice between tax regimes, advance tax instalments, presumptive taxation, audit requirements and the long list of documents that have to agree with each other.

Our work is to make those decisions early, with your numbers in front of us, so the return you file is the one you meant to file and the tax you pay is no more than the law requires.

What we do

Returns for every kind of taxpayer

Salaried individuals with business or capital gains income, proprietors, professionals, partnership firms, LLPs and companies.

Regime and structure advice

A comparison of the available tax regimes and presumptive options for your case, before the year ends, not after.

Advance tax planning

Estimates of liability and reminders for each instalment, so interest for short payment is avoided.

Tax audit support

Preparation of the data and schedules for businesses and professionals who need a tax audit, and coordination with the auditor.

Capital gains and investments

Gains on shares, mutual funds, property and other assets, with the working you need to defend the figures.

Notices and rectification

Intimations, defective-return notices, mismatches with Form 26AS or the annual information statement, and rectification requests.

Tax computation for lenders and visas

Computations and acknowledgements in the format banks and consulates ask for.

Who this is for

  • Business owners and professionals who want a second pair of eyes before they file
  • Directors and partners with several sources of income
  • Companies and LLPs that must file every year, even with no activity
  • Anyone who has received an income tax notice

How it works

  1. 1

    Collect

    You share your documents or give us access to your books. We list anything missing.

  2. 2

    Compute and advise

    We prepare the computation, show the tax under the options open to you and recommend one.

  3. 3

    File and follow up

    You approve, we file and e-verify with you, and we track processing and any refund.

What we usually need from you

  • PAN and Aadhaar
  • Bank statements and interest certificates
  • Form 16 or salary statements
  • Profit and loss account and balance sheet for business income
  • Capital gains statements and investment proofs
  • Form 26AS and the annual information statement

Frequently asked questions

What is the due date for filing an income tax return?

It depends on who you are. Many individuals who need no audit file by 31 July, while taxpayers whose accounts must be audited have a later date, and companies and LLPs have their own. Dates are sometimes extended, so we confirm the current one for you.

Do I need to pay advance tax?

If your estimated tax for the year is above a small limit after TDS, advance tax is payable in instalments through the year. Late or short payment attracts interest. We estimate your liability and remind you of each date.

Which tax regime is better for me?

There is no single answer. It depends on your income, deductions and whether you have business income. We compute both for your numbers and explain the difference in plain terms.

I got a notice from the income tax department. What now?

Read it carefully and note the response date. Many notices are routine mismatches that can be cleared with a document or a rectification. Send it to us and we will tell you what it means and what to do.

Is a return required if my company had no business?

Yes. Companies and LLPs must file returns every year even when there is no income, and missing them leads to penalties and difficulties later.

This page is general information and not advice for your situation. Rates, limits and due dates change, and some depend on your state or scheme, so we confirm the current rules for your case before we act.

Need help with Income tax?

Send us a message with the basics. We will tell you what applies, what it takes and what it costs, before you commit.

Chat with us on WhatsApp

or write to sivaravella@o2labs.com