Business Income Tax Filing

Overview

Business tax planned through the year, not scrambled at year-end

Business income tax isn't a once-a-year event — it's advance tax due four times a year, presumptive taxation elections under Section 44AD or 44ADA where eligible, and a running estimate of what you'll owe so there are no surprises in March. We track your numbers quarter by quarter and compute what's actually due.

Advance tax computed correctly, every quarter

Instalments due in June, September, December and March calculated against your actual quarter-to-date profit — not a guess that leaves you underpaid and facing interest under Sections 234B/234C.

Presumptive taxation evaluated honestly

If your business qualifies under Section 44AD or 44ADA, we tell you whether it actually saves you tax and books-of-accounts effort, or whether regular computation works out better.

A running number, not a year-end surprise

You always know roughly what you owe, so cash flow planning happens ahead of the deadline, not after a notice.

Try it now

See your estimated tax in seconds

A quick estimate to get you started — for a precise number tailored to your situation, book a consultation

Tax regime

Annual income (₹)

₹

₹0₹25L₹50L+

Estimated tax payable

₹ 97,500

Effective rate 6.5% · new regime on ₹15,00,000

Taxable income₹ 14,25,000

Tax as per slabs₹ 93,750

Health & education cess (4%)+₹ 3,750

The New Regime saves you ₹ 1,59,900 compared to the Old Regime.

Illustrative estimate for FY 2025-26 — assumes salaried income eligible for the standard deduction, and includes the Section 87A rebate and 4% cess. Surcharge is applied at a flat rate without its own marginal relief. Does not account for other deductions or individual circumstances. Book a consultation for an exact figure.

Simple, from start to finish

How it works

Book a consultation

Tell us about your business structure, turnover, and how income tax has been handled so far.

Share your financials

Upload P&L, bank statements and expense details securely — quarterly or as available.

We compute your liability

Advance tax instalments (or year-end liability) are calculated, checking presumptive taxation eligibility along the way.

Pay and stay compliant

We confirm the amount due, generate the challan, and keep a running record for your return.

Advance tax computed within 2–3 days each quarter; year-end computation in 5–7 days

Questions

Frequently asked

01Do I have to pay advance tax if I run a small business?

Yes — if your estimated tax liability for the year exceeds ₹10,000, advance tax applies regardless of business size, payable in four instalments through the year. Missing them attracts interest under Sections 234B and 234C.

02What is presumptive taxation and am I eligible?

Under Section 44AD, businesses with turnover up to ₹3 crore (₹2 crore for cash-heavy businesses) can declare income at a flat 6%/8% of turnover without maintaining detailed books. Professionals under Section 44ADA can declare 50% of gross receipts up to ₹75 lakh. We check whether it applies and whether it's beneficial.

03What happens if my turnover crosses the presumptive limit mid-year?

Once turnover exceeds the threshold, presumptive taxation no longer applies for that year, and regular books of accounts plus tax audit requirements may kick in — we monitor this and flag it before it becomes a compliance gap.

04Can losses from my business be carried forward?

Yes, business losses (other than speculative losses) can be carried forward up to 8 years and set off against future business income, provided the return is filed on time — a late return forfeits this right.

05Why book a consultation instead of doing this myself?

Advance tax miscalculations, wrongly claimed presumptive taxation, or a missed instalment all trigger interest and, eventually, notices. Getting the quarterly numbers right — and knowing when presumptive taxation stops making sense — is where a second pair of eyes pays for itself.

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