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Proprietorship Compliance
& ITR Filing

File your Income Tax Return (ITR-3 / ITR-4) accurately. Whether you choose the Presumptive Scheme or Regular Audit, we ensure maximum tax savings and compliance.

100%

Accuracy

3 Days

Filing Time

CA

Assisted

No Need to Maintain Books for Turnover < 2 Cr (Under 44AD)

File Proprietorship Return

Confidential Financial Handling.

ALERT: ITR filing due date is 31st July. Late filing attracts a penalty of up to ₹5,000.

Why Choose Parishrama?

Tax Planning

We analyze your ledgers to claim valid business expenses and reduce tax liability.

GST Reconciliation

We ensure your Income Tax turnover matches your GST returns to avoid notices.

Expert Support

Dedicated CAs to handle scrutiny, notices, and complex capital gain calculations.

Compliance Packages

Choose the right plan based on your business model.

Presumptive Filing (ITR-4)

RECOMMENDED
Turnover < 2 Cr No Books of Accounts
  • Declare 6% or 8% Profit
  • ITR-4 Form Filing
  • Computation of Income
  • Balance Sheet Summary
Select Plan

Regular Business (ITR-3)

Actual Profit With Books of Accounts
  • P&L & Balance Sheet Prep
  • Expense Claim Verification
  • Carry Forward of Losses
  • ITR-3 Filing
Select Plan

Tax Audit Case

Turnover > 1 Cr CA Audit Mandatory
  • Everything in Regular
  • Form 3CA/3CD Filing
  • Digital Signature Support
  • High Volume Transactions
Select Plan

Documents Checklist

Keep these documents ready for faster processing:

PAN & Aadhaar of Proprietor
Bank Statements (All Accounts)
GST Returns (If Registered)
TDS Certificates (Form 16A/26AS)
Investment Proofs (LIC, PPF, Rent)

Filing Process

1

Upload Data

Send us your bank statements and basic business details securely.

2

Computation

Our experts calculate your tax liability and prepare the computation.

3

Verification

Review the draft return and approve the tax amount.

E-Filing

We file the return and share the ITR-V acknowledgement.

Frequently Asked Questions

What is the tax rate for Proprietorship?

A proprietorship is taxed at individual slab rates. Income up to ₹2.5 Lakhs is exempt. From ₹2.5L to ₹5L is taxed at 5%, and so on. (New/Old regime options available).

Can I file if I haven't maintained books?

Yes! Under the Presumptive Taxation Scheme (Section 44AD), if your turnover is less than ₹2 Crores (or ₹3 Crores for digital receipts), you can declare a flat 6% or 8% profit without maintaining detailed books.

When is a Tax Audit mandatory?

A Tax Audit by a CA is mandatory if your business turnover exceeds ₹1 Crore (₹10 Crores if 95% transactions are digital). It is also required if you declare profit lower than the presumptive limit (6%/8%).

Don't Miss the Deadline!

File your Proprietorship Tax Return today and avoid penalties.

Start Filing