Overview
Proprietors and small businesses must file their income-tax return reporting business income, often with a profit & loss account and balance sheet. Correct filing supports loans, tenders and clean compliance.
CorpRaasta prepares your financials and files the right ITR with accurate computation, including presumptive taxation where beneficial.
What is Business ITR Filing?
Business ITR filing is the preparation and submission of the income-tax return for a proprietorship or business, reporting business profits and tax.
Who needs it
Sole proprietors and small businesses
Traders and shopkeepers
Freelancers with business income
Businesses opting for presumptive taxation
Documents required
PAN and Aadhaar
Business income and expense details
Bank statements
Previous return (if any)
Investment/deduction proofs
How it works
01
Compile financials
We prepare P&L and balance sheet as needed.
02
Select scheme
Normal or presumptive taxation is chosen.
03
Compute tax
Income and tax are computed accurately.
04
E-file
The return is filed and verified.
Benefits
Accurate business return filing
Presumptive taxation where beneficial
Supports loans and tenders
Clean compliance record
Expert tax computation
HOW CORPRAASTA HELPS
What we do for you
Financial statement preparation
Presumptive vs normal scheme guidance
ITR filing and verification