TruTax

Delhi, India Founded: 2016 • Age: 10 yrs
Delivers online tax filing services for individuals and businesses.

About TruTax

TruTax is a Business Services company based in Delhi (India) founded in 2016. It delivers online tax filing services for individuals and businesses. It operates on a B2B model. Its Indian entity 3N Business Services Private Limited reported revenue of β‚Ή3.6 Lakh. Its focus areas include Financial Services, Tax Services, Online Filing and Individual and Business Solutions. Its competitors include JJ Tax, Prosperr and ClearTDS; 2 of its 3 listed competitors have raised funding.

Company details

TruTax delivers online tax filing services for individuals and businesses through offering financial products and advice, handling tax solutions, online filing, and individual and business solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Key Metrics
  • Annual Revenue
    ₹3.6 Lakh

    FY 2024 · +155% YoY

  • Net Loss
    -₹33,162

    FY 2024 · -9% margin

  • EBITDA
    -₹19,829

    FY 2024 · -6% margin

Board of directors of 3N Business Services Private Limited (TruTax)

3N Business Services Private Limited is the primary company behind TruTax. The board of 3N Business Services Private Limited currently have 2 directors; the longest-serving is Amit Kumar Garg, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Kumar Garg
DIN 07328163
Director08 Feb 201610 yrs 9 mo3N Business Services Private Limited
Hershit Kumar Gupta
DIN 05301885
Director08 Feb 201610 yrs 9 mo3N Business Services Private Limited

Financials of TruTax

Figures of 3N Business Services Private Limited, the primary company behind TruTax, for FY 2024. Revenue was ₹3.6 Lakh (+155% year on year). Net loss was -₹33,162 (-9% margin). EBITDA was -₹19,829 (-6% margin). Revenue has grown at a compounded annual rate of +22% over three years and -9% over five years.

  • ₹3.6 LakhRevenue · FY 2024 · +155% YoY
  • -₹33,162Net loss · -9% margin
  • -₹19,829EBITDA · -6% margin
  • ₹1 LakhPaid-up capital
  • +22%Revenue CAGR, 3 years
  • -9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of 3N Business Services Private Limited are on its company page.

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Detailed financial statements for TruTax

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Competitors of TruTax

TruTax has 3 listed competitors in our database, 2 of them funded. They include JJ Tax, Prosperr and ClearTDS.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jjfintax.com2019Gurugram, India$1.52M26
An app-based platform for taxation and accounting services is offered.
prosperr.io2022Bengaluru, India$1.71M74
Tax filing solutions are offered online for businesses and individuals.
cleartds.com2013Bengaluru, India808
Provides cloud-based taxation solutions for businesses.
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Detailed competitors of TruTax

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Frequently Asked Questions about TruTax

TruTax was founded in 2016.

TruTax is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind TruTax, 3N Business Services Private Limited, reported revenue of β‚Ή3.6 Lakh for FY 2024, up 155% year on year.

TruTax delivers online tax filing services for individuals and businesses through offering financial products and advice, handling tax solutions, online filing, and individual and business solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

TruTax's top competitors include JJ Tax, Prosperr and ClearTDS.

TruTax operates through 3N Business Services Private Limited.

The legal entities of TruTax currently have 2 directors, including Amit Kumar Garg, Hershit Kumar Gupta.

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