Presumptive Taxation
For Tax Year 2026–27 onwards, the presumptive taxation provisions for eligible businesses, professions and specified activities are consolidated under Section 58 of the Income Tax Act, 2025. The provision substantially carries forward the policy framework of Sections 44AD, 44ADA and 44AE of the Income Tax Act, 1961 in a consolidated form. For earlier tax years, the corresponding provisions of the 1961 Act continue to apply.
At Ritesh Arora & Associates, we help taxpayers evaluate their eligibility under Sections 44AD, 44ADA, and 44AE, compare available tax options, and ensure accurate compliance under the presumptive taxation framework.
Our Process
How we deliver this engagement.
Eligibility Review
Assess qualification under the presumptive taxation provisions.
Tax Analysis
Compare presumptive and regular taxation options.
Tax Computation
Calculate income and tax liability accurately.
Return Filing
Prepare and file income tax returns.
Ongoing Advisory
Provide continued support for future compliance.
Our Presumptive Taxation Services
Eligibility Assessment Under Sections 44AD, 44ADA & 44AE
We determine whether the presumptive taxation scheme is suitable based on the nature of the business, profession, and turnover.
Tax Computation Under the Presumptive Scheme
Our professionals accurately compute taxable income and estimated tax liability under the applicable presumptive provisions.
Comparison with Regular Taxation Scheme
Selecting the appropriate taxation method requires careful evaluation of available benefits.
Compliance & Return Filing Under Presumptive Taxation
We ensure timely filing of income tax returns and compliance with applicable provisions.
Our services include:
Income tax return preparation.
| Particulars | Coverage |
|---|---|
| Benefits of Presumptive Taxation Advisory | Simplified tax compliance. |
Simplifying Tax Compliance for Small Businesses
Our Presumptive Taxation services help eligible taxpayers reduce compliance burdens while ensuring accurate tax reporting and full compliance with the Income Tax Act.
Our general frequently asked questions
Find quick answers to common questions about our services, timelines, and engagement process.
VIEW ALL QUESTIONSOur prices are competitive and market-driven. However, we offer various payment plans and special offers for early buyers. Contact our team to discuss available options and any ongoing promotions.
You will typically need PAN cards, Aadhaar cards, photographs, and address proofs of the directors, along with the registered office address proof.