ITR for Business and Profession

ITR Filing for Business & Profession – AY 2024-25 (FY 2023-24)

Accurate, Hassle-Free Tax Filing for Entrepreneurs, Traders & Professionals – Money Finkart, Mumbai

If you’re a business owner or self-employed professional, correct ITR filing is essential for compliance, funding, and growth. At Money Finkart, we handle the full process for you — legally, quickly, and affordably.

Why Choose Money Finkart?

CA-Reviewed Filing

Returns are prepared and reviewed by tax professionals and CAs.

Tailored for All Business Types

Custom filing for traders, freelancers, MSMEs, and startups.

Smart Deduction Planning

We ensure full benefit of allowable business deductions.

PAN India Support

Consult with our Mumbai team over phone, chat, or email.

Secure Handling

Your data is kept confidential and fully secured at every step.

Our Reach: ITR for Business and Profession Across India

We proudly serve customers across all major cities and states in India, including:

  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chhattisgarh
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jharkhand
  • Karnataka
  • Kerala
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • Odisha
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Telangana
  • Tripura
  • Uttar Pradesh
  • Uttarakhand
  • West Bengal
  • Andaman and Nicobar Islands
  • Chandigarh
  • Dadra and Nagar Haveli and Daman and Diu
  • Delhi (NCT)
  • Lakshadweep
  • Puducherry
  • ...and more!

Who Should File This ITR?

  • Proprietors and business owners
  • Freelancers, consultants, and gig workers
  • Doctors, CAs, designers, architects, etc.
  • Traders, shopkeepers, and small businesses
  • Startups and registered MSMEs
  • Those under Presumptive Taxation (44AD/44ADA)

Applicable ITR Forms

  • ITR-3 – For businesses/professionals maintaining books of accounts
  • ITR-4 (Sugam) – For those opting for Presumptive Taxation (44AD, 44ADA, 44AE)

Presumptive Taxation Scheme

  • Section 44AD – Businesses with turnover ≤ ₹2 Cr (8%/6% digital income)
  • Section 44ADA – Professionals with receipts ≤ ₹50L (50% presumptive income)
  • Section 44AE – For goods transport (income based on per vehicle basis)

This saves compliance cost and effort for small business owners and independent professionals.

Documents Required

  • PAN & Aadhaar
  • GST/Business PAN (if applicable)
  • Bank statements & cash ledger
  • Purchase and sales summary
  • Expense and income details
  • Form 26AS, TDS certificates
  • Loan & interest details (if any)
  • Investment proofs for deductions
  • Digital signature (if required)

Deductions You Can Claim

  • Depreciation on business assets
  • Home office and utility expenses
  • Rent paid – Section 80GG
  • Professional Tax
  • Tax-saving under 80C, 80D, 80G, etc.

Services We Offer

  • Bookkeeping & Balance Sheet Preparation
  • Business Income Calculation
  • ITR-3 / ITR-4 Form Preparation & Filing
  • E-filing and Acknowledgement
  • Refund Tracking and Future Planning
  • Audit support (where applicable)

⚠️ ITR Filing Deadlines

  • 📅 Without Audit: July 31, 2024
  • 📅 With Audit: October 31, 2024
  • 🚨 Late filing penalty: ₹1,000 to ₹5,000

Start Your Business ITR Filing Today

📱 Call/WhatsApp: +91 82912 26134

📧 Email: money@moneyfinkart.com

🏢 Address: Money Finkart, Mumbai, Maharashtra

🌐 Website: www.moneyfinkart.com

💡 Note: Avoid errors, save time, and stay compliant. Get expert ITR filing for your business or profession from the tax consultants at Money Finkart.

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