Demand cut from ₹10,050 to ₹1,310
TaxSavvy for llp registration
Partners starting up? Form an LLP the clean way.
We reserve the name, file FiLLiP and the LLP agreement for you.
What you send
Any one of these gets us started. Photos are fine.
- Bank statement
- Invoices
- Last year's accounts
Send them on WhatsApp or upload after you start. Documents are encrypted and seen only by your CA.
How we get it done
Four steps, the same for every job. You see each one ticked.
Information
PAN of all partners. ID and address proof
Discussion
Who are the two designated partners, and is one resident?. How many designated partners lack a DIN or DPIN?
Forms
Get DSCs; register users on MCA V3 and associate DSCs. RUN-LLP: reserve the name
Deliverables
SRN and payment challan. Certificate of Incorporation with LLPIN
See what you get, free
Real formats, made with dummy data.
Sample Sample ₹5.7 lakh still to come in
Sample 2 receipts, ₹3.2 lakh, have no invoice
Questions, answered the CA way
Facts, Provisions and law, Analysis, Conclusion.
Pvt Ltd vs LLP vs OPC: which to choose and why
- Facts
- Pvt Ltd: Best for VC-fundable startups. Can issue equity (CCPS, CCD, options). Corporate tax 22% (Sec 200, Income-tax Act 2025, old Sec 115BAA) or 15% for new manufacturing (Sec 201, old Sec 115BAB). Compliance-heavy: ROC filings, board meetings, statutory audit mandatory.
- Provisions and law
- Companies Act 2013 | LLP Act 2008 | IT Act 1961, Sec 115BAB (now 201)
- Analysis
- LLP: Best for service businesses, CA firms, consulting. No dividend distribution tax. Partners pay tax at slab rate on their profit share. Cannot issue shares, VCs cannot invest. No statutory audit below ₹40L turnover / ₹25L capital. OPC (One Person Company): Solo founder, no intention to raise VC. Same compliance as Pvt Ltd but only one shareholder. Converts to Pvt Ltd when turnover exceeds ₹2Cr or paid-up capital exceeds ₹50L.
- Conclusion
- You plan to raise external equity (angels, VCs, ESOP pool)
- You want Sec 140 (old Sec 80-IAC) tax holiday (Pvt Ltd and LLP both qualify)
- You have multiple co-founders with different equity stakes
- You are building to sell, M&A exit requires Pvt Ltd structure
GST Mandatory Registration: Threshold and Triggers
- Facts
- Registration is the foundation of GST compliance. Miss the threshold, delay beyond 30 days, or supply inter-state without registration, penalty is 100% of tax or ₹10,000. Most small business owners discover the obligation only after a notice.
- Provisions and law
- Sec 22(1); Sec 24; Sec 29(2); Sec 122(1); Rule 8, 9
- Analysis
- Aggregate turnover definition: All taxable + exempt + zero-rated + nil-rated supplies on PAN-India basis. Excludes inward supplies under reverse charge. Includes multiple GSTINs under same PAN. A single person with businesses in Delhi and Mumbai: add both states' turnover for threshold check. Special category states (lower threshold): Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Arunachal Pradesh, Uttarakhand, Himachal Pradesh, J&K: ₹10L for services, ₹20L for goods. Inter-state, no threshold: The moment a supplier makes even ONE inter-state supply, say a Delhi freelancer invoices a client in Mumbai, registration is mandatory regardless of annual turnover. This is the most commonly missed trigger. Selling on Amazon to customers in another state = inter-state.
- Conclusion
- Calculate aggregate turnover for current FY: all supplies across all states, all businesses under same PAN
- Check: any inter-state supply made? (Even one invoice to another state = registration mandatory)
- Check: are you selling on Amazon/Flipkart/Meesho? (E-commerce aggregator = mandatory registration)
- Check: do you purchase from unregistered suppliers above ₹5,000/day? (RCM may apply)
Section 12A/12AB (now 332) registration: full tax exemption for charitable trust
- Facts
- A charitable trust registered under Sec 332, Income-tax Act 2025 (old Sec 12AB) gets 100% exemption on income used for charitable purposes. Additionally, Sec 133 (old Sec 80G) registration allows donors to deduct 50% or 100% of their donation from their taxable income, making fundraising easier.
- Provisions and law
- Income Tax Act 1961, Sec 11, 12A, Sec 12AB, 80G (now 332, 133)
- Analysis
- From April 2021: All trusts must re-register under the new Sec 12AB regime every 5 years. Provisional registration (3 years) given first; regular registration requires 3 years of activity and filing history.
- Conclusion
- Trust deed (registered)
- PAN of trust
- Bank account details of trust
- Activities report (Form 104, old Form 10A)
Which ITR Form to File
- Facts
- Selecting the correct ITR form is the most common source of defective return notices. Wrong form = return treated as invalid.
- Provisions and law
- Sec 263(1) (old 139(1)); Rule 164 (old Rule 12); Sec 263(7) (old 139(9)); CBDT Notif
- Analysis
- ITR-1 (Sahaj): Salary from one employer + FD interest + one house property. Income below ₹50L. Cannot have capital gains, business income, or foreign assets. ITR-2: Salary from multiple employers, capital gains (MF/shares/property), foreign income, more than one house property, director in company, unlisted shares. ITR-3: Business or profession income + any other income. Partnership firms also use ITR-3 equivalent. F&O traders must use ITR-3. ITR-4 (Sugam): Presumptive income under Sec 58, Income-tax Act 2025 (old Sec 44AD; business, ₹3Cr limit), Sec 58 (old Sec 44ADA; professionals, ₹75L limit), Sec 58 (old Sec 44AE; transport). Cannot have capital gains or foreign assets. ITR-5: Partnership firms, LLPs, AOPs, BOIs, not for individuals. ITR-6: Companies (not claiming 11/12 exemption). ITR-7: Trusts, political parties, research associations.
- Conclusion
- Identify ALL income sources for the year, salary, FD interest, MF redemptions, property sale, freelance
- Download AIS, check if any income shown that you did not know about
- Check if you are director in any company or hold unlisted shares (ITR-2 mandatory if yes)
- Check if F&O trading happened during year (ITR-3 mandatory)
Partners starting up? Form an LLP the clean way.
A Chartered Accountant handles it. Fixed price, told before you pay.
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