- Shop No.2, Durga Market, Nagarmore, Serampore, Hooghly, 712203
- support@vimalaldservices.com
- +91 8910484850
ITR (Income Tax Return) refers to the formal document submitted to the tax authorities declaring your income, expenses, and taxes owed. The Profit and Loss (PL) statement outlines a business’s revenues, costs, and profits over a specific period, while the Balance Sheet provides a snapshot of the company’s financial position, detailing assets, liabilities, and equity at a given point in time. Both documents are essential for businesses, as they offer insights into financial health and are crucial for tax filing and securing loans.
The general criteria for self-employed individuals to file ITR (with PL and Balance Sheet) include:
Importance of ITR (PL, Balance Sheet) for Self-Employed Individuals
For self-employed individuals, filing ITR along with the PL and Balance Sheet is crucial for several reasons:
At Vimala LD Services LLP, we understand the complexities of filing ITR, preparing Profit & Loss statements, and creating accurate Balance Sheets. Our empaneled Chartered Accountants (CAs) are ready to make your financial audit and tax filing stress-free. We ensure that your business stays compliant, accurate, and financially sound. Whether you’re a freelancer, entrepreneur, or small business owner, we’re here to serve you with expert guidance and hassle-free solutions tailored to your needs. Let us handle your financial audits while you focus on growing your business!
At Vimala LD Services LLP, we provide end-to-end solutions for all your real estate needs. Whether you’re buying or selling a flat, plot, or house, we handle everything from drafting the sale agreement to the final registration process.