We start with receiving all the information, documents, current year’s tax organizers and financial statements from the client via secured file sharing portal. On receiving information, we first check previous year’s return (if any) to re-confirm on completeness of the information and take note of carry forward balances if any. Before start entering data into the tax software, we analyse and double check balance sheet, profit & loss statement and other relevant data received from client for 3C’s i.e. Correctness, Consistency & Completeness so that apparent mismatch can be identified and corrected before commencing return preparation process.
After satisfying on accuracy of the details received, we login into the client’s system and tax software and then give treatment of all items into the tax software including deductions, credits, carry forward balances etc. Lastly, we submit Tax Return and Computation’s PDF files to client for their review with our comments, observation and queries. Upon receiving confirmation from client, we make all required correction and then return is filed.