Skip to content

10BA

Streamline Your 10ba Registration Today!
GST E-Invoicing

10BA Registration Service

At Modernmoney, we specialize in providing comprehensive 10BA services designed to meet your unique financial and business needs. Our team of experts is dedicated to delivering high-quality solutions that help you achieve your goals efficiently and effectively.

n today’s fast-paced, ever-evolving, and increasingly complex business landscape, 10ba services offers a comprehensive, integrated, and bespoke suite of solutions designed to streamline operations, boost productivity, drive growth, fuel success, and foster sustainable competitiveness. With expertise in strategic consulting, operational optimization, innovation and technology, talent acquisition and management, change management, and more, we empower businesses to navigate intricacies, capitalize on opportunities, and achieve their vision.

Our team of experts combines industry insights, technical expertise, and creative vision to craft customized solutions that address the unique challenges and opportunities of each business. Whether you’re a budding entrepreneur or an established enterprise, we’re dedicated to helping you succeed. With 10ba services, you’ll gain access to cutting-edge technologies, innovative methodologies, and proven best practices that drive real results.

Our solutions are designed to be scalable, flexible, and adaptable, ensuring that they meet the evolving needs of your business. By leveraging our expertise and solutions, businesses can overcome obstacles, seize opportunities, and achieve their full potential. In today’s competitive market, it’s no longer enough to simply keep up – businesses must innovate, disrupt, and transform to stay ahead.
That’s where 10ba services comes in – our experts will work closely with you to understand your unique needs, challenges, and goals, and develop tailored solutions that drive real impact. 

With our comprehensive suite of services, businesses can optimize their operations, enhance their competitiveness, and drive sustainable growth. Whether you’re looking to improve efficiency, reduce costs, enhance customer experience, or drive innovation, we have the expertise and solutions to help you achieve your objectives.

Requirment

  • Receipts of rent and rental agreement.
  • (PAN) and the taxpayer’s name.
  • Declaration that the person doesn't own any residential property in the city.

10BA

Section 10BA of the Income Tax Act, 1961 provides for a deduction in respect of certain profits and gains
from specified businesses. This deduction is available to individuals who have set up an eligible business
or profession in a specified backward area or notified area for the purposes of encouraging economic
development in these regions.

To claim deduction under Section 10BA, the taxpayer must fulfill certain conditions:
1.The taxpayer should be an individual who has started a new business or profession during the previous
year relevant to the assessment year.

2.The business should be set up and operated in a notified backward area or specified area that the
Central Government has identified for promoting industrial development.
3.The business must be engaged in manufacturing or production of specified goods or providing
specified services.

The deduction under Section 10BA is allowed for a period of five consecutive assessment years starting
from the year in which the business or profession is first set up. The amount of deduction allowed is
100% of the profits and gains derived from such business or profession for the first three assessment
years, and 25% of such profits and gains for the subsequent two assessment years.
This provision aims to incentivize industrial and economic growth in economically disadvantaged regions
by providing tax benefits to individuals who invest in and operate businesses in these areas, thereby
promoting regional development and employment opportunities.

Why Choose Us​

5000+

Satisfied Customer

10+

Years Experience

7000+

Service Completed

100+

Services

FAQ Looking For Something Else?

The following sources are the most frequently requested.

1. What are 10BA services?

10BA services include tax planning, business advisory, accounting, compliance, and audit services designed to support your financial needs.

2. How can 10BA services benefit my business?

Our services help optimize your tax liabilities, ensure compliance, improve financial accuracy, and provide strategic advice for growth.

3. Who can use your 10BA services?

Our services are available to businesses of all sizes and industries looking to enhance their financial operations.

4. How do I get started?

Contact us to schedule a consultation. We'll discuss your needs and tailor our services to fit your goals.

5. 5. What sets you apart from other service providers?

We offer personalized, reliable, and expert solutions tailored to your specific business needs.