Small business or freelancer? Presumptive taxation lets you declare income at a fixed rate with no audit and minimal books. We check eligibility and file it right.
Presumptive taxation lets eligible small taxpayers declare income at a prescribed percentage of turnover — 44AD for small businesses (8%, or 6% for digital receipts), 44ADA for professionals (50%), and 44AE for goods carriers — without maintaining detailed books or a tax audit.
It’s a huge simplification, but the eligibility limits and the 5-year lock-in matter. GovYapar confirms you qualify, picks the right section, and files ITR-4 correctly.
A real Chartered Accountant handles the filing end-to-end.
Turnover and profession confirmed.
44AD, 44ADA or 44AE as fits.
Presumptive income calculated.
Return filed correctly.
Small businesses (44AD) and professionals (44ADA) within the prescribed turnover/receipt limits, and goods transporters (44AE). We confirm your eligibility.
No detailed books or tax audit are required if you declare at or above the presumptive rate and stay within limits.
For 44AD, opting out before 5 years can trigger audit requirements. We advise before you choose.
We confirm eligibility and file ITR-4 correctly.
Talk to a CA →