Business Owners & Professionals - Basic Plan

Are you a small Business owner / Freelancer ? Are you not maintaining books of accounts ? Take advance of Presumptive Taxation by declating a Set percentage of profit on turnover.


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Business Owners & Professionals - Basic Plan


About this plan

The plan is designed to help businesses and professionals opting for presumptive taxation scheme or small taxpayers earning casual income like tuition income etc. ClearTax experts shall help you assess your tax liability and file your income return.

Services Included

The filing shall be done under the presumptive taxation scheme of Income Tax Act declaring a set percentage of profit on the turnover/ receipts


Interest and Dividend Income declaration


Claim of tax savings investment - If any


Rental Income from single-house property.


Tax Due/Refund Status and Filing Confirmation


Expert Assisted Tax Filing.

Who Should Buy

Businesses having annual turnover under Rs. 2cr and declaring income above 8%(no audit)


Professionals & Freelancers having annual gross receipts under Rs. 50 lakh and declaring income at 50% or above(no audit)


Any other person having casual income.

How It's Done

This plan is equipped with end-to-end online fulfillment via our expert. No hassle, 100% Digital.

5 Days Estimate
  • Purchase of Plan

  • Upload documents

  • Review computation sheet

  • Return filed & acknowledgement generated

Documents Required
Who can opt for the presumptive taxation scheme?
What are the benefits under Presumptive Taxation Scheme?
I am a shopkeeper and wish to declare income less than 8% of my gross turnover. How can i do that?
I am an insurance agent and my gross receipts are Rs. 40 lakh. Am i eligible under presumptive taxation scheme?
Can I file a revised return to correct a mistake in original return filed?
Am I required to keep a copy of the return filed as proof and for how long?
What If I am filing my returns on Cleartax and filling is not able to be completed before filing before deadline, who is supposed to bear the penalty?
If I am filing my belated returns on Cleartax, who is supposed to bear the penalty?

Average Rating


Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.

Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

Cleartax is a product by Defmacro Software Pvt. Ltd.

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