Income Tax Return - Standard Plan
For freelancers, professionals, and small businesses filing under presumptive income (44AD, 44ADA, 44AE)
Income from interest & dividend
Tax advice during filing
Business or professional income (no books, P&L, or balance sheet)
Service offerings
Required Documents
Income Tax portal login details
(PAN & Aadhaar copy if login not available)
Business or Profession income summary
(Sales, Receipts, etc.)
Closing Stock, Cash, Debtors & Creditors
(as on 31st March)
All Bank statements
(for the full financial year)
All loan statement
(business loan, home loan, car loan, etc.) (for the full financial year)
Proof of deductions
(under 80C, 80D, etc.)
Note: Additional documents may be requested based on your specific income, deductions, or disclosures.
How it's done
1
Document collection & verification
2
Return preparation
3
Draft review & approval
4
Filling & e-verification
Turn Around Time
First Stage
Document Collection & Verification: 1-2 working day
Second Stage
Return Preparation & Draft Sharing: Within 3–5 working days after complete documents
Third Stage
Filing & E-verification: Within 1 working day after draft approval
Compare ITR Return Filling Plans
Basic
ITR Filing for Salary up to ₹50L, House Property & Other Income (e.g., interest/dividends)
- Income from salary (up to ₹50L)
- Income/loss from house property
- Interest, dividend & other income
Premium
Capital Gains, F&O Trading, or detailed Business/Professional Accounts
- Everything in Standard
- Capital Gains (stocks, mutual funds, property)
- Business/Professional Income with P&L and Balance Sheet
- F&O & Share Trading Income
Standard
Suitable for Freelancers, Professionals & Small Businesses under Presumptive Taxation
- Everything in Basic
- Small Business Income (under 44AD – no books required)
- Freelancer/Professional Income (under 44ADA)
- Transport/Goods Vehicle Income (under 44AE)
What is Presumptive Taxation?
Presumptive taxation is a simplified scheme under Sections 44AD, 44ADA, and 44AE of the Income Tax Act. It allows eligible businesses, professionals, and transporters to declare income at a fixed rate without maintaining detailed books of accounts or undergoing audit—making tax filing easier and faster.
FAQs
Yes, we will share a copy of your filed return, computation sheet, and acknowledgement for your records.
Yes, even under presumptive taxation, it’s good practice to report your year-end stock, cash, debtors, and creditors as on 31st March.
A late fee of ₹1,000 to ₹5,000 may apply, depending on your total income. You may also lose the chance to carry forward losses.