Business owners file ITR-3 (proprietors / partners), ITR-4 (presumptive 44AD/44ADA) or ITR-5 (firms / LLPs). The form you pick controls how P&L, balance sheet, depreciation and turnover-linked audits are reported.
Starting at
₹2,499 onwards
Business ITR
Sole proprietors, partners, LLPs & firms
Timeline
3-5 working days
Business ITR is the return filed by anyone earning Profits & Gains from Business or Profession (PGBP). Sole proprietors use ITR-3 (regular books) or ITR-4 (presumptive). Partners report remuneration + interest + profit share via ITR-3. LLPs and partnership firms file ITR-5. Companies file ITR-6. Every form has its own schedules for balance sheet, P&L, depreciation and partners.
TL;DR
Pick the form by entity type and books opted. Audit kicks in past Rs 1 crore (Rs 10 crore if cash <= 5%) or Rs 50 lakh for professionals - or when opting out of presumptive within 5 years.
ITR-3
For individuals/HUFs with income from business or profession with regular books.
ITR-4 (Sugam)
Presumptive scheme - 44AD (business, 8%/6%) or 44ADA (profession, 50%).
ITR-5
For partnership firms and LLPs (not companies).
Section 44AB
Tax audit threshold - Rs 1 crore turnover (or Rs 10 crore if cash receipts/payments <= 5%).
MAT / AMT
Minimum Alternate Tax (companies) / Alternate Minimum Tax (firms, LLPs).
Small businesses (<= Rs 2/3 crore) and professionals (<= Rs 50/75 lakh) can declare a fixed profit %.
Standard route - actual income, full P&L and balance sheet schedules.
Partners file ITR-3; firms / LLPs file ITR-5 separately.
01
We reconcile your books (Tally / Zoho), bank statements, GST returns and Form 26AS / AIS.
02
We confirm 44AB / 44AD applicability, MAT / AMT working and disallowances under Sections 40A, 43B.
03
Taxable income, advance tax shortfall, interest under 234A/B/C and tax payable - drafted for your approval.
04
ITR uploaded, JSON shared, Aadhaar-OTP / EVC verification done within 30 days.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Still unsure if Business ITR is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.
