Description
Review of turnover or gross receipt summary provided by the taxpayer.
Review of income details relating to business or profession for the financial year.
Verification of tax credit details from AIS / Form 26AS summary where applicable.
Computation of presumptive income under applicable provisions such as Section 44AD, Section 44ADA, or Section 44AE based on data provided.
Preparation of ITR-4 return for the relevant assessment year.
Computation of tax liability or refund based on information provided by the taxpayer.
Filing of income-tax return on the income-tax portal using authorized credentials.
Sharing return acknowledgement after successful submission.
Basic guidance regarding compliance requirements under presumptive taxation scheme.
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