Proprietorship ITR, business and owner reconciled
Test presumptive taxation, regular books and audit applicability while keeping every personal income source in the proprietor's return.
- Professional fee
- From ₹2,949
- Working timeline
- Confirmed after turnover, accounting method and audit review
- Government charges
- Shown before payment
Built for
Indian taxpayers and growing businesses
Best when
Business and personal records are both complete
Presumptive or
regular business accounts?
The answer depends on eligibility, real margin, receipts, losses, records and future needs.
Presumptive route
Test current eligibility and consequence.
Regular books
Report supported profit, assets and liabilities.
Audit test
Review current thresholds and scheme history.
Owner's other income
Combine salary, property, gains and investments.
Proprietor return
Business. Owner. Books. Return.
A trade name does not create a separate income-tax person.
The proprietor reports business and personal income under the same PAN in the correct individual return.
What you receive,
ready to use.
We connect business books, GST, banking and personal income, then test presumptive versus regular accounting, audit applicability and the correct individual return.
one complete tax picture.TEST · RECONCILE · FILE
Proprietor and business income map
Presumptive-versus-books assessment
GST, bank and ledger reconciliation
Audit-applicability review
ITR-3 or eligible ITR-4 readiness
Computation, filing and verification handoff
What must be
in place.
The proprietor PAN and all business names are identified.
Sales, GST, bank and cash records can be reconciled.
Expenses, assets, liabilities and capital movements are supported.
Personal income, investments and prior presumptive history are disclosed.
Audit and presumptive rules are period-sensitive and are tested under the current Finance Act.
Choose by accounting method
Simplicity should not override eligibility or economics.
| Decision | Presumptive | Regular books | Audit path |
|---|---|---|---|
| Primary test | Scheme eligibility | Actual accounts | Current audit rules |
| Return | Eligible ITR-4 | ITR-3 | ITR-3 plus reports |
| Best for | Eligible simple activity | Detailed business position | Threshold / scheme trigger |
From business records to
one complete proprietor return.
A practical sequence with clear ownership at every stage. Registry review times can vary.
Map total income
Step 1
We handle
Combine business and non-business income under the proprietor.
You provide
Disclose every activity and income source.
Test filing method
Decision stage
We handle
Assess presumptive eligibility, regular books and audit triggers.
You provide
Share turnover, receipts and prior elections.
Reconcile business
Readiness dependent
We handle
Match books with GST, banks, stock and tax information.
You provide
Resolve gaps and private-use items.
Prepare return
Before due date
We handle
Build financial schedules, computation and disclosures.
You provide
Approve accounts and pay approved tax.
File and retain
Portal controlled
We handle
Submit the correct return and package working papers.
You provide
Verify and retain source records.
A checklist without
the back-and-forth.
We ask only for records or data relevant to your application, review, or audit scope.
- Sales and purchase registers
- GST returns where applicable
- Bank, cash and gateway statements
- Inventory and fixed-asset records
Before you begin
Use clear PDF, JPG, or PNG files.
Keep address records recent and readable.
Choose the support
you actually need.
Every total separates professional fees, GST, and stated government charges. State stamp duty and exceptional filings may vary.
Standard
Recommended5-7 days
payable now, GST included
- Professional fee
- ₹2,499
- GST @ 18%
- ₹450
- Payable now
- ₹2,949
- Eligibility check with a chartered accountant
- Documents prepared, reviewed and filed
- Certificate handed over with the next steps
Not included automatically
- — Tax, interest, late fee, penalty and other statutory payments
- — Audit, valuation, certification, appeal or litigation unless expressly scoped
- — Historical reconstruction or correction beyond the period in the written proposal
- — Third-party software, banking, DSC and government or portal charges
Costs that can repeat
- — Books and tax-information reconciliation
- — Advance-tax review
- — Annual audit-applicability test
- — Return filing and record retention
ITR filed,
records support the position.
These are the first recurring obligations to plan for before you commit to a company structure.
Audit determination
Before return calendar is set
Current turnover, receipts and presumptive history control the result.
Return filing
Non-audit or audit category
The applicable period and current notification determine the date.
Advance tax
Applicable instalment cycle
Presumptive and regular taxpayers can have different payment patterns.
Got questions?
We’ve got answers.
Understand proprietor status, ITR-3 and ITR-4, presumptive taxation, books, GST reconciliation, audit, expenses and losses.
Still deciding?
AI CA can compare structures around cost, risk, compliance, and funding.