Home / Tax & Compliance / Proprietorship & Business ITR Filing

Last updated: 2 October 2026
If you run a business or practise a profession in your own name, your return needs business income computed correctly — on books or under the presumptive scheme. Our team prepares the computation and return, and coordinates the tax audit with an independent CA where it applies.
Based on the Income-tax Act, 1961 (for FY 2025-26) and the Income-tax Act, 2025. Last updated: 27 September 2026.
For business or profession with books
For presumptive income
Presumptive profit rates for eligible businesses
Presumptive profit for eligible professionals
Turnover above which tax audit usually applies
Tax audit by a practising Chartered Accountant
Mismatches with GST and AIS lead to notices.
Turnover in the return differs from GST returns.
Scheme used beyond its limits or conditions.
Interest charged for not paying advance tax.
Related services.
Books for your business.
GST compliance.
Planning the year.
Business set-up.
Business model and scheme chosen.
Records reviewed and profit computed.
CA engaged for tax audit, if required.
Figures matched with GST and AIS.
ITR-3 or ITR-4 filed and e-verified.
Advance tax for the next year planned.
Keep records ready in case of questions.
Intimation reviewed for adjustments.
Books and bills kept for the statutory period.
Paid in instalments next year.
Replied to on time if received.
Share your query and our team will reply during business hours.
ITR-3 where books are kept, and ITR-4 for presumptive income.
A scheme where eligible businesses declare profit at a set percentage of turnover (commonly 8%, or 6% for digital receipts) and eligible professionals at 50% of receipts.
Generally when business turnover exceeds ₹1 crore (₹10 crore with low cash) or professional receipts exceed ₹50 lakh, and in some presumptive cases.
Only a Chartered Accountant in practice.
No. It is added to the owner’s income and taxed at slab rates.
ACS – Director, Expertvuw Management Pvt Ltd
Tax work is handled by Expertvuw’s team. Audits and certifications required by law are issued by independent Chartered Accountants, and representation before tax authorities and tribunals is made by authorised professionals or advocates.