Partnership Compliance

TaxDost: Partnership Compliance Services

About TaxDost: TaxDost is a trusted provider of business compliance and tax services, specializing in helping partnerships meet their legal and regulatory obligations. Our experienced team offers comprehensive services to ensure your partnership firm remains compliant with all relevant laws and regulations, allowing you to focus on running your business effectively.

Partnership Compliance Services

Key Features of our Partnership Compliance Services:

Business Registration:

• Partnership Deed Drafting: Assistance in drafting a comprehensive partnership deed that outlines the rights, duties, and responsibilities of each partner.
• Registration with the Registrar of Firms: Filing the partnership deed and registering the partnership firm with the Registrar of Firms.

GST Compliance:

• GST Registration: Assistance in obtaining GST registration for the partnership firm.
• GST Return Filing: Regular filing of GST returns to ensure compliance with GST laws.

Income Tax Compliance:

• PAN Application: Assistance in obtaining a Permanent Account Number (PAN) for the partnership firm.
• Income Tax Return (ITR) Filing: Preparation and filing of income tax returns for the partnership firm and the partners, ensuring accurate reporting of income and expenses.

Accounting and Bookkeeping:

• Bookkeeping Services: Maintaining accurate and up-to-date financial records for the partnership firm.
• Financial Statements: Preparation of financial statements, including profit and loss accounts, balance sheets, and cash flow statements.

TDS Compliance:

• TDS Registration: Assistance in obtaining a Tax Deduction and Collection Account Number (TAN) for the partnership firm.
• TDS Return Filing: Regular filing of TDS returns to ensure compliance with TDS regulations.

Other Regulatory Compliances:

• Professional Tax: Assistance in registration and compliance with professional tax regulations.
• Labor Law Compliance: Guidance on compliance with labor laws, including employee registration, provident fund (PF), and employee state insurance (ESI) contributions.

Annual Filings and Reports:

• Annual Returns: Filing of annual returns and other statutory reports as required by law.
• Audit Support: Assistance with statutory audits to ensure compliance with audit requirements.

Documents Required for Partnership Compliance

Basic Information:

1. Partnership Deed: A copy of the partnership deed signed by all partners.
2. PAN Card: Copy of the PAN card of the partnership firm.
3. Address Proof: Proof of the business address, such as electricity bill, water bill, or rental agreement.

Supporting Documents:

1. Partner Details: Name, address, and contact details of all partners.
2. Identity Proof: Copy of PAN card and Aadhar card of all partners.
3. Address Proof: Residential address proof of all partners.
4. Business Registration Certificate: Copy of the registration certificate from the Registrar of Firms.
5. GST Certificate: Copy of the GST registration certificate, if applicable.
6. Bank Account Details: Bank statement or a canceled cheque of the firm’s business account.
7. Financial Records: Copies of financial statements, invoices, receipts, and expense records.
8. Tax Documents: Copies of previously filed tax returns and tax payment receipts.

Why Choose TaxDost for Partnership Compliance

• Expertise: Our team comprises experienced professionals with in-depth knowledge of compliance requirements for partnership firms.
• Accuracy: We ensure precise and thorough preparation of compliance documents to avoid errors and discrepancies.
• Timeliness: We prioritize timely filing of all compliance-related documents to prevent any legal or regulatory issues.
• Compliance: We stay updated with the latest regulations and ensure your firm complies with all legal requirements.
• Support: We provide continuous support and guidance throughout the compliance process, addressing any queries or concerns you may have.

With TaxDost managing your partnership compliance, you can focus on growing your business while we take care of your legal and regulatory obligations. Contact us today to avail of our comprehensive compliance services and ensure your partnership firm operates smoothly and compliantly.