Individual ITR - Business.
We prepare and file returns for individuals and HUFs with business or professional income. ITR-4 (Sugam) is used where income is declared under the presumptive schemes for small businesses, professionals or goods carriers; ITR-3 applies where you keep regular books, need a tax audit, or fall outside ITR-4's limits. Returns for FY 2025-26 are filed in 2026 under the Income-tax Act, 1961.
Typically 5–10 working days once the books are closed; the state of your records, the volume of bank transactions and any tax audit drive the time.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Freelancers, consultants, doctors and other professionals
- Proprietors of trading, manufacturing or service businesses
- Traders in futures and options or intraday equity, which is reported as business income
- Partners who receive salary or interest from a firm
What you receive at the end.
- 01Profit and loss account and balance sheet for the return, where required
- 02Tax computation with a regime comparison
- 03Filed ITR-3 or ITR-4 with acknowledgement
- 04Turnover and TDS reconciliation with Form 26AS, AIS and GST returns
- 05Advance tax schedule for the current year
Individual ITR - Business, step by step.
Typically 5–10 working days once the books are closed; the state of your records, the volume of bank transactions and any tax audit drive the time.
- 1
Scope and form
We review your receipts, books and other income to decide between ITR-3 and ITR-4, and whether a tax audit applies.
- 2
Accounts and computation
We finalise or review the profit and loss account and balance sheet, or the presumptive income figures, and compute business income, depreciation and allowable expenses.
- 3
Reconcile turnover and credits
We match turnover, TDS and advance tax with Form 26AS, AIS and your GST returns, so the return lines up with what the department already holds.
- 4
Choose the regime
We compare the new and old regimes. With business income, the old regime is chosen by filing Form 10-IEA before the due date, so we decide this early.
- 5
File and verify
You approve the computation and we file the return, using your digital signature where a tax audit applies and e-verification otherwise.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- Bank statements for all business and personal accounts
- Books of account, or a summary of receipts and expenses
- GST returns for the year, if registered
- TDS certificates from clients
- Details of fixed assets bought or sold
- Advance tax challans
- Loan statements and investment proofs
- Last year's return and tax audit report, if any
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about Individual ITR - Business.
Ready to discuss Individual ITR - Business?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.