Business Owners & Professionals - Advance
This includes:
Business Income - Turnover more than 40 lacs and upto Rs 1 Crore
Professional Income - Turnover less than Rs 50 Lacs
Plan Overview
Services Included
Business/profession income (inclusive of presumptive taxation scheme(U/s 44AD / 44ADA /44AE) of Income Tax Act declaring a set percentage of profit on the turnover/ receipts)
Interest and Dividend Income declaration
Claim of tax savings investment - If any
Rental Income form multiple house properties
Balance Sheet Profit & Loss Statement (BS P/L)
Documents Required
Bank statements for the financial year
Income and Expense statements
Gross Receipts
Form 26AS Tax Credit Statement
Interest Certificate, if interest received is above Rs. 10,000/-
Annual Information Statement
Process
Step 1
Purchase of Plan
Step 2
Upload documents
Step 3
Review computation sheet
Step 4
Return filed & acknowledgement generated
Recommended For
Businesses having annual turnover under Rs. 2cr and declaring income above 8%(no audit)
Professionals & Freelancers having annual gross receipts under Rs. 50 lakh and declaring income at 50% or above(no audit)
Any other person having casual income.
Review
Average Rating4.9