Can I file my small business tax return electronically?
Curious about Small-Business Taxes
Yes, small business owners in India can file their tax returns electronically through the government's efiling portal. The Income Tax Department has made it mandatory for businesses with an annual turnover of more than Rs. 50 crores to file their income tax returns electronically for the assessment year 202122 onwards. However, it is recommended for all small business owners to file their tax returns electronically as it is a more convenient and faster process than filing a paper return.