ITR Filing – Business / Professional
ITR for freelancers, professionals and businesses — presumptive or regular.
Business and professional income can be filed under the presumptive scheme (44AD/44ADA) or the regular scheme with a profit & loss statement.
We pick the most beneficial route, prepare your financials, and file the correct ITR form.
Who needs this
- Freelancers and independent professionals
- Proprietors and small businesses
- Consultants using presumptive taxation
ITR Filing – Business / Professional in 4 simple steps
Step 1 of 4
Understand your income
We review your receipts, expenses and books.
Tax computation
Gross income₹12,00,000
Deductions− ₹1,50,000
New regime₹0
Old regime₹18,720
Best: New regime · ₹0 tax
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Documents required
- PAN and Aadhaar
- Bank statements and receipts
- Expense records / books (for regular scheme)
- Form 26AS / AIS
- Prior-year return (if any)
What you get
- Income computation / P&L summary
- Filed ITR with acknowledgement
- Advice on presumptive vs regular scheme
Approval timeline
Typically 3–7 working days depending on the books and scheme.
Frequently asked questions
Can freelancers use presumptive taxation?
Eligible professionals can declare 50% of gross receipts under Section 44ADA, within the turnover limit.
Do I need a tax audit?
Only above the turnover/receipt thresholds, or if you opt out of presumptive taxation in certain cases.