Small Business
Presumptive tax (44AD / 44ADA). Turnover up to ₹3 crore, not liable for audit; professional receipts up to ₹75 lakh. No balance sheet.
₹1,200+*
ITR Filing for Business Owners & Professionals
ITR-3 and ITR-4 filing for freelancers, consultants, traders and business owners — including presumptive taxation to simplify your compliance. We review your income and expenses, compute the most beneficial scheme, and file and e-verify your return.
Starting at ₹1,200**Professional fee only — this covers our filing service; there is no separate government fee for filing an income tax return.
What Is ITR Filing for Business Owners & Professionals?
Freelancers, consultants, traders and business owners generally file ITR-3 (for regular books-based income) or ITR-4/Sugam (for those opting into presumptive taxation under Sections 44AD or 44ADA of the Income Tax Act, 1961). Presumptive taxation lets eligible small businesses and professionals declare income at a fixed percentage of turnover or gross receipts without maintaining detailed books of accounts, while regular filing requires a full profit and loss account and balance sheet, and may trigger a tax audit under Section 44AB once turnover crosses the prescribed threshold.
Plans & pricing
Choose Your ITR Plan
Expert-assisted filing at clear starting prices. Pick the plan that matches your income.
Business Filing
Business or profession with books of account, profit & loss and balance sheet. Tax audit coordinated if limits are crossed.
₹4,350*
F&O / Intraday Trading
Futures & options and intraday trading, turnover up to ₹10 crore, not liable for audit. Multiple brokers supported.
₹4,499*
Partnership Firm
Income tax filing for partnership firms, with or without tax audit.
₹5,999*
Pvt Ltd / LLP
Company or LLP income tax return with CA audit coordination and an expert consultation call.
₹12,599*
*Starting professional fee. The final price depends on your documents and is confirmed before we start. “+” means the price can be higher for complex cases.
Is This Right For You
Who Should Use This Service?
Freelancers & consultants — professionals earning income from services who want to claim eligible expenses correctly.
Traders & small business owners — sole proprietors running a trading or retail business under presumptive or regular taxation.
Doctors, architects & other specified professionals — eligible for presumptive taxation under Section 44ADA.
Businesses nearing the audit threshold — owners who need to assess whether a tax audit applies to them this year.
What's Included
Presumptive Taxation (44AD/44ADA)
Simplified filing for eligible small businesses and professionals.
Regular Books-Based Filing (ITR-3)
Full profit & loss and balance sheet based filing where applicable.
Advance Tax Planning
Quarterly advance tax estimates to avoid interest under 234B/234C.
Expense & Deduction Review
We ensure all eligible business expenses and deductions are claimed.
Documents
Documents Required
PAN & Aadhaar — of the individual or proprietor filing the return.
Income & expense records — invoices, bank statements, and expense receipts for the financial year.
Books of accounts (if applicable) — profit and loss statement and balance sheet for regular (non-presumptive) filing.
Form 26AS / AIS — for TDS and income verification.
Investment & deduction proofs — 80C, 80D and other eligible deduction documents.
How It Works
1
Income & Expense Review
We review your business income, expenses and applicable scheme.
2
Computation
Tax liability computed under presumptive or regular provisions.
3
Review & Approval
You review the return before we proceed to file.
4
E-Filing & Verification
Return is filed and e-verified with acknowledgement shared.
Timeline
Estimated Processing Time
Filing typically takes 2-5 working days once income and expense details are shared, depending on whether presumptive or regular (books-based) taxation applies. The usual due date is 31 July for non-audit cases and 31 October where a tax audit is required, following the end of the financial year.
Common Mistakes to Avoid
Not maintaining books of account required under Section 44AA once turnover crosses the prescribed limits.
Opting into presumptive taxation (44AD/44ADA) without checking actual eligibility, leading to a defective return.
Leaving GST turnover and income tax turnover unreconciled, which invites a mismatch notice.
Ignoring advance tax obligations through the year and facing a large final liability plus interest.
Frequently Asked Questions
Which ITR form applies to business owners and professionals?
Individuals and HUFs opting for presumptive taxation under Section 44AD or 44ADA generally use ITR-4 (Sugam); those maintaining regular books of accounts, or with income not eligible for presumptive taxation, use ITR-3.
What is presumptive taxation?
A simplified scheme under Sections 44AD and 44ADA where income is presumed at a fixed percentage of turnover or gross receipts, reducing bookkeeping and audit requirements for eligible small businesses and professionals.
Do I need a tax audit?
A tax audit under Section 44AB may be required if turnover or gross receipts cross the prescribed threshold, or if you declare income lower than the presumptive rate while opting out of the scheme — our team helps you assess this.
Do I need to pay advance tax?
If your total tax liability for the year exceeds ₹10,000, advance tax is generally payable in quarterly instalments to avoid interest under Sections 234B and 234C.
Can I switch between presumptive and regular taxation?
Yes, but switching out of presumptive taxation under Section 44AD after opting in has consequences — you may be barred from using the scheme again for a few years and could trigger a mandatory tax audit.
What expenses can freelancers and professionals claim?
Under regular (books-based) filing, legitimate business expenses such as office rent, software subscriptions, internet, travel and depreciation on equipment can be claimed against income; under presumptive taxation, expenses are not separately deducted since income is presumed at a fixed rate.
What is the due date for filing ITR-3 or ITR-4?
For taxpayers not requiring a tax audit, the usual due date is 31 July following the end of the financial year; where a tax audit applies, it is generally 31 October, subject to any extensions announced by the department.
You May Also Need
Business Tax Filing & Planning
Year-round advance tax planning for your business.
Tax Audit
If your turnover crosses the audit threshold.
GST Registration
Register for GST if your turnover requires it.
What is presumptive taxation under Section 44AD/44ADA?
It lets small businesses (44AD) and specified professionals (44ADA) declare a fixed percentage of turnover as taxable income without maintaining detailed books, simplifying compliance for eligible taxpayers.
Is tax audit mandatory for professionals?
A tax audit under Section 44AB becomes mandatory for professionals once gross receipts exceed ₹50 lakh in a year (or lower thresholds apply if presumptive taxation is opted out of after being claimed earlier).