Presumtive Tax Filing
Are your business eligible under the Presumptive tax Scheme?
Disclose income under section 44AD & sec 44ADA and file a tax return with Law proctor
The scheme is designed to help businesses and professionals opting for presumptive taxation schemes or small taxpayers earning casual income like coaching income, interest income, etc. Law proctor experts shall help you assess your tax liability and file your income return with CA-Assistance.
Services Covered:
- Professionals (CA)-assisted Tax returns Filing
- Business hours Professionals (CA)-Support- Email and Phone
- Documented follow up
- Income Tax Liability and Filing of Income Tax Return
Who Should Buy:
- Businesses having annual turnover under Rs. 2cr and declaring income above 8%.
- Professionals & Freelancers having annual gross receipts under Rs. 50 lakh and declaring income at 50% or above
- Any other person having casual income.
Documents for Presumtive Tax Filing
- Bank statements for the financial year
- Income and Expense statements
- Gross Receipts
- Form 26AS Tax Credit Statement
- Bank statement if interest received is above Rs. 10,000/-