Is a tax audit mandatory for my business?

A tax audit (Section 44AB) is mandatory if your business turnover exceeds ₹1 Crore (₹10 Crore if cash transactions are below 5%). For professionals, the limit is ₹50 Lakh. We check applicability and manage the audit if required.

What is depreciation and how does it reduce tax?

Depreciation allows you to deduct the cost of business assets (machinery, computers, vehicles) over their useful life. This reduces your taxable profit and hence your tax liability. We apply the correct WDV (Written Down Value) method as per IT Act.

Can I include my home loan interest as a business expense?

If you work from home, a proportionate part of home loan interest and rent can be claimed as business expenses. We ensure this is done correctly with proper documentation to withstand scrutiny.

What is ITR-3 vs ITR-4?

ITR-4 (Sugam) is for presumptive income businesses (Section 44AD). ITR-3 is for businesses with actual income/expense accounting. We assess which is more tax-efficient and file accordingly.

I have losses in my business this year. Should I still file?

Absolutely. Filing a return is essential to carry forward business losses. These losses can be set off against future profits for up to 8 years, saving significant tax in profitable years.

Business Owner - Tax Filing Guru

Business Owner

Proprietors & Small Biz

Growth Tax Advisory

Business Owner

Expert tax filing plans tailored Built for Founders, Leaders & Wealth Creators.

Proprietors & Small Biz

P&L and Balance Sheet
Depreciation Treatment
Audit Applicability Check
CA Review & Filing

Best for: Businesses Ready to Scale

Provide Your Details

Fill in the information below to secure your package.

Package Business Owner

Amount ₹3,499 / Filing (Incl. GST)

I agree to the Terms & Privacy Policy & Refund Policy

Already Registered? Log in

← Back to Resident Packages

Support

Got Questions?
We've Got Answers.

Everything you need to know about Business Owner. Can't find it here? Reach out to our experts.

Still confused?

Chat with our friendly team for personalised guidance.

Contact Support

Tax Filing Guru

Free Consultation

📹 Book Video Consultation

Confirm Booking

Business Owner

Business Owner

Provide Your Details

Got Questions?
We've Got Answers.

Still confused?

Share Your Story

We value your privacy

Free Consultation

📹 Book Video Consultation

Confirm Booking

Business Owner

Business Owner

Provide Your Details

Got Questions? We've Got Answers.

Still confused?

Share Your Story

We value your privacy

Got Questions?
We've Got Answers.