Om Sai GSK – Reliable ITR-3 Filing for Business & Professional Income in Malkajgiri, Hyderabad, Telangana, India
If you run a sole proprietorship, freelance, or professional practice — ITR-3 is the form to file. At Om Sai GSK, we offer tailored ITR-3 filing services in Malkajgiri, Hyderabad, for individuals earning from business, profession, or commission.
Whether you’re a doctor, CA, designer, or consultant, our experts ensure your profit and loss account, balance sheet, and tax audit details are correctly filed — helping you stay compliant and tax efficient.
ITR-3 applies when your income includes profits from a business or profession (non-presumptive). This includes freelancers, individual consultants, sole proprietors, or professionals under Section 44AA.
At Om Sai GSK, we take care of bookkeeping, depreciation, advance tax calculations, and file your ITR with balance sheet disclosures and tax audits (if applicable) for full compliance.
If you file ITR-1 or ITR-4 instead of ITR-3 as a business owner in Malkajgiri, Hyderabad, your return may be rejected, refunds delayed, or even treated as invalid under scrutiny. Incorrect reporting can also invite penalties and disallowance of expenses claimed.
Moreover, using the wrong form or not disclosing professional income properly can trigger notices under Sections 139(9), 143(1), or 142(1) of the Income Tax Act. This can result in unwanted delays, scrutiny assessments, and blocked refund claims. Business owners and professionals may also lose the opportunity to carry forward losses, claim depreciation benefits, or be eligible for loans and tenders that require accurate ITR records.
If you’re registered under GST, discrepancies between GST turnover and reported income in ITR-3 can attract red flags from the tax department. For entrepreneurs and consultants in Malkajgiri, Hyderabad, not filing ITR-3 correctly risks not just penalties — but credibility and growth as well.
We assist with:
Books of accounts & P&L preparation
We prepare detailed profit and loss statements aligned with your business income, helping reduce tax liability through legitimate expense reporting.
Balance sheet creation & depreciation
Our team ensures accurate reporting of assets, liabilities, and fixed asset depreciation, as required for ITR-3 filings.
TDS reconciliation & GST mapping
We cross-check your TDS credits (Form 26AS) and match reported turnover with GST returns for complete transparency.
Tax audit filing and Section 44AB compliance
If your turnover exceeds the audit threshold (₹1 Cr for business or ₹50L for professionals), we assist in filing Form 3CB & 3CD with CA attestation.
Filing with CA-attested reports, if applicable
Our experts manage coordination with certified professionals to ensure your ITR-3 submission is flawless and audit-compliant.
We file ITR-3 in Malkajgiri, Hyderabad with full confidentiality, accuracy, and personalized service — helping businesses and professionals grow without tax worries.
Whether you’re a small business owner, sole proprietor, or individual consultant, Om Sai GSK offers the right support at the right time — making tax filing simple, legal, and beneficial.
We simplify the entire process for you — from selecting and approving the company name, drafting the necessary legal documents, arranging digital signatures, and filing them with the Ministry of Corporate Affairs. Usually, the process is finished within 7–10 business days once we have all your details.
It usually takes around a week after all documents are submitted. We manage everything on your behalf — from application submission to following up with authorities — so you get your GSTIN without stress.
A trade license officially permits your business to run within city or municipal boundaries. It confirms that your operations comply with local health, safety, and regulatory standards, helping you steer clear of fines and legal complications.
Yes! We support businesses of all sizes to complete MSME/Udyam registration, so you can access special government programs, easier loans, and tax benefits.
Of course! We assist businesses in Hyderabad and across India to obtain their IEC quickly, so they can start importing and exporting products without delays.
Our office is based in Hyderabad, but thanks to online processes, we work with clients across Telangana and India, making it easy for anyone to use our services.
Generally, you’ll need director ID proofs (like PAN and Aadhaar), address proof of the business location, and passport-size photographs. We give you a clear checklist based on your chosen company type.
GST registration becomes mandatory if your business turnover exceeds ₹40 lakhs (₹20 lakhs for some special category states) or if you sell goods or services across state borders or online.
The cost depends on your business structure — whether it’s a Private Limited Company, LLP, or Proprietorship. We share an upfront quote so you know exactly what to expect.
With MSME registration, your business can enjoy access to government schemes, easier credit approvals, subsidies, and tax incentives designed for small and medium enterprises.
A professional helps file GST returns correctly and on time, avoids fines, and keeps your business compliant so you can focus on your core work.
Yes, we handle legal updates with the Registrar of Companies — whether it’s changing directors, updating your registered office address, or modifying your business activities.
Yes, we help you get Class 3 DSCs, which are required for company registration, GST filing, tender submissions, and secure online transactions.
No renewal is needed — it stays valid for the life of your business. But you should update details if there are changes in your business information.
Trade licenses are renewed every year through your local municipal office. We handle the application, paperwork, and submission to keep your license valid without interruptions.
We combine local expertise, clear pricing, and complete support — helping you with company registration, GST, trade licenses, and MSME registration so your business starts and grows smoothly in Hyderabad.