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PROPRIETORSHIP COMPLIANCE

Proprietorship Compliance

File GST & IT returns, handle financial statement preparation, and manage all monthly and annual compliances effortlessly using our Accountants & LEDGERS platform.

Dedicated support, flexible cost — Experienced accountant managing your monthly ledgers, vendor/customer/bank reconciliations, and monthly close — at a fraction of a full-time hire.
Proprietorship

Accurate & timely compliance

End-to-end preparation and filing of GST, Income Tax with due-date tracking and timely reviews to keep filings error-free and on schedule.

Powered by LEDGERS

Automated bank feeds and reconciliations, e-invoice/e-way bill (where applicable), document vault, and audit-ready reports—inside one secure system.

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Dedicated Accountants

Experienced accountants to manage monthly bookkeeping, GST/IT filings, reconciliations and monthly close activities for proprietorships.

Simplified Proprietorship Compliance with Clear, Transparent Pricing.

File your GST and Income Tax returns online with expert assistance, error-free filing, and timely submission tracking.

LEDGERS

Software Only

LEDGERS GST Software Access - 1 Year

₹5,899 /yr + GST
  • LEDGERS GST Software Access - 1 Year
  • Compliance Dashboard & Alerts
  • GST Invoicing & e-Invoicing
  • Invoice Management System (IMS)
  • eWay Billing & GST ITC Tools
  • Accounting Software
  • Payroll Software
Accounting Software + Service

Accountant

Accountant – Quarterly Plan

₹7,899 /quarter + GST
  • Dedicated Accountant Support - 1 Assigned Accountant
  • GST Return Filing (GSTR-1, 3B) - 1 Quarter
  • LEDGERS GST Software Access - 1 Year
  • Compliance Dashboard & Alerts
  • GST Invoicing & e-Invoicing
  • Invoice Management System (IMS)
  • eWay Billing & GST ITC Tools
  • Accounting Software
  • Payroll Software
Most popular

Accountant – Annual Plan

Dedicated Accountant Support with annual coverage

₹19,899 /yr + GST
  • Dedicated Accountant Support
  • GST Return Filing (GSTR-1, 3B) - 1 Year
  • GST Annual Filing (GSTR-9) - Included (If Applicable)
  • Annual Financial Statements
  • Income Tax Return Filing (for Business or Proprietor)
  • CA Consultation - 4 Consultations
  • Notice Handling Support
  • LEDGERS GST Software Access - 1 Year

Services Offered

We provide comprehensive accounting support tailored to meet the day-to-day financial needs of your business

Access to LEDGERS

Record and review transactions in real time with shared access — clean books, clear audit trail, one workspace.

GST Return Filing (Monthly/Quarterly)

GSTR-1, GSTR-3B (and others as needed) prepared, reconciled, and filed on time with input/output matching.

Preparation of Financial Statements

We prepare Balance Sheet, Profit & Loss Account, and Trial Balance as per accounting standards, providing clarity for decision-making and audits.

Income Tax Return Filing

ITR preparation and filing for businesses/individuals with correct income, deductions, and disclosures — optimized within law.

E-Invoicing & E-Way Bill

Easy IRN-based e-invoice generation with priority focus on accurate and timely E-Way Bill creation and tracking to keep your goods movement fully GST-compliant.

CA Assistance

Get 4 consultations with a Chartered Accountant for guidance on accounting, taxation, and compliance matters. This ensures expert support whenever you need clarity or professional advice.

How It Works

A guided onboarding process with consistent monthly accounting and reporting.

1

Assign your accountant

You get a named accountant familiar with your industry and a clear kickoff checklist.

2

System Setup

Connect bank feeds, import masters & opening balances, map ledgers/tax series, and configure LEDGERS.

3

Monthly close & compliance

Bank/vendor/customer reconciliations, MIS, and on-time GST, Finance Statement Preparation and Income Tax filings.

Why IndiaFilings for Fractional Accountant

Affordable Expertise

Skilled accountants without full-time hiring costs.

Zero Surprises

Transparent reporting and proactive due-date alerts.

Scalable Service

Start with books; add GST/IT filings and compliance advisory as you grow.

Software + Service

The LEDGERS platform, bundled with experts who run it.

Proprietorship Compliance — What you need to know

Running a Sole Proprietorship in India comes with a set of crucial financial and legal responsibilities. Compliance with various tax and regulatory requirements is essential to ensure your business's smooth operation and growth. This includes filing Income Tax Returns, TDS Returns, GST Returns, EPF Returns, maintaining accurate accounting records, and sometimes undergoing a Tax Audit.

Income Tax Return filing for Proprietorship

Every proprietorship in India is obligated to file income tax returns annually as it is treated as an extension of the proprietor. The proprietor's PAN is used for filing. Filing a NIL return is required if income is zero.

Is it necessary for Proprietorship to File ITR?

Yes. Proprietors must file ITR if total income exceeds thresholds based on age and other conditions. Filing on time allows losses to be carried forward and certain deductions to be claimed.

Income Tax Slabs & Alternate Regime

Proprietors follow the individual tax slabs for their personal income. An alternate tax regime (Section 115BAC) is available with specific rates and conditions — opting for it requires giving up certain exemptions/deductions.

Presumptive Taxation Scheme

Small taxpayers can opt for presumptive taxation (Section 44AD/44ADA), enabling taxation on estimated income and reducing record-keeping and audit burdens.

Deadlines & Audit

Typical ITR deadline (no audit): July 31. If audit required, deadlines vary (commonly September/November depending on circumstances). Audit thresholds depend on turnover/receipts and scheme applicability.

Required Documents

PAN Card
Bank Account Details & Statements
Aadhaar Card
Advance Tax Payment Challan, Form 16/16A/26AS
Invoices and proofs of expenses

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