Proprietorship ITR · AY 2026-27
ITR-3 and ITR-4 filing for shop owners, traders, agencies and sole proprietors. We check turnover, tax credits and the filing route before we start.
The short answer
Usually ITR-3 or ITR-4. ITR-3 is the regular business-income return for an individual or HUF not eligible for a simpler form. ITR-4 is optional for an eligible resident declaring qualifying business income on a presumptive basis. The correct choice depends on your income sources, turnover, cash receipts, losses and whether you want to claim actual expenses.
Choose the filing route
The cheaper form is not automatically the correct form. These are practical indicators, not a substitute for reviewing every eligibility condition.
May fit a qualifying resident proprietor who opts for Section 44AD and meets the return's other conditions.
Generally relevant when ITR-4 does not fit, or when actual income, expenses, assets, liabilities or losses must be reported through regular business schedules.
| Question | ITR-4 may fit | ITR-3 may fit |
|---|---|---|
| How is profit reported? | Presumptive basis under Section 44AD | Regular business computation |
| Claiming item-by-item actual expenses? | Normally no separate deduction after presumptive profit | Yes, subject to tax rules and records |
| Business loss to report or carry forward? | Usually not the appropriate route | Review ITR-3 and filing deadline |
| Director, unlisted shares, foreign assets or other exclusions? | Can disqualify ITR-4 | ITR-3 or another form may be required |
| Published Finbees fee | Rs.1,499 | Rs.2,999 |
AY 2026-27 deadline
A proprietorship that requires an audit follows a different timeline. Do not assume that turnover alone settles audit applicability; profit declaration, cash levels and other facts can matter.
Current due date for AY 2026-27 business or professional income cases not requiring audit. Audit cases are generally due 31 October 2026.
Verified against the Income Tax Department's current return-filing guidance and Budget 2026 due-date FAQs.
Document checklist
We ask only for records relevant to your return. Never send passwords or OTPs.
Send the type of business and approximate turnover—not the documents yet. We will reply with the right checklist.
Where returns go wrong
Bank credits, sales records, GST returns and platform reports should tell a consistent story.
AIS and Form 26AS are checked so available TDS is not missed or claimed incorrectly.
For ITR-3, business expenses, stock, loans and depreciation must be supported and classified properly.
ITR-4 exclusions, presumptive conditions and the audit position are reviewed before selecting the form.
Finbees process
Tell us what you sell, turnover range and whether GST applies.
We send a form-specific list and confirm the initial fee.
You see the income, deductions and tax position before filing.
We file after approval and share the acknowledgement and next step.
Continue with the right guide
Use the interactive form helper and see all published ITR pricing.
Open business ITR filing →Marketplace reports, returns and deductions need a different reconciliation.
Read the online-seller ITR guide →Keep GST filings and annual income figures aligned throughout the year.
See GST services →Common questions
Start with clarity
Tell us your business type and approximate turnover. We will identify the likely filing route and explain the scope.