top of page

What tax forms do small businesses need to file?

Curious about Small-Business Taxes

What tax forms do small businesses need to file?

In India, small businesses need to file various tax forms depending on the type of taxes they are liable to pay. Some of the common tax forms that small businesses need to file include:

1. GST returns: Businesses registered under GST (Goods and Services Tax) need to file GST returns regularly, including GSTR1, GSTR3B, GSTR9, and GSTR9C.

2. Income tax returns: Small businesses need to file income tax returns using the ITR form applicable to their business structure, such as ITR3, ITR4, or ITR6.

3. TDS returns: Businesses that deduct TDS (Tax Deducted at Source) while making payments to vendors, contractors, or employees need to file TDS returns using form 26Q or 24Q.

4. ESI/PF returns: Businesses that provide ESI (Employee State Insurance) and PF (Provident Fund) benefits to their employees need to file ESI/PF returns regularly.

It's important to note that the specific tax forms and deadlines can vary depending on the size and structure of the business. Therefore, it's essential for small business owners to consult with a tax professional or accountant to ensure they are filing the appropriate forms on time.

Empower Creators, Get Early Access to Premium Content.

  • Instagram. Ankit Kumar (itsurankit)
  • X. Twitter. Ankit Kumar (itsurankit)
  • Linkedin

Create Impact By Sharing

bottom of page