Income Tax

Presumptive vs Regular Taxation

Side-by-side comparison: tax, audit, compliance cost — decide whether to opt for presumptive taxation.

Business / Scheme Type

Gross Turnover / Receipts (₹)

Actual Business Expenses (₹)

Actual Net Profit (₹) optional — overrides expenses

Estimated CA / Accountant Fees (₹)

Note: CA fees are estimated — actual fees vary by region and complexity. If opting for presumptive and actual profit is below the presumptive rate, you still declare the higher presumptive income. If profit exceeds presumptive rate, regular books may give lower tax. Audit cost of ₹20,000 is added for regular if turnover exceeds threshold.

For general guidance only. Consult your CA for advice specific to your situation.