Find out whether you can pay tax on a fixed share of your receipts. You see the profit you would declare, whether an audit applies, the ITR form and the date your return is due.
Who this is for
Freelancers, professionals and small business owners choosing how to file.
What the free answer tells you
Whether you qualify, the profit you would declare, the ITR form and your return due date.
See an example, the time it takes and what comes after
Example
An IT freelancer with ₹40 lakh of receipts and cash at 5% or less can use it for tax year 2026-27: ₹20,00,000 deemed profit, ITR-4, return due 31 August 2027. A trader with ₹2.5 crore of turnover and cash above 5% cannot, because the limit stays at ₹2 crore.
What you can get after
Missed a return? The ITR catch-up prep pack is ready now. A return filing pack for the current year is coming soon.
How long it takes
About a minute. Taps and up to three numbers.
What happens next
Take the form and the dates into your filing. Nothing you enter is stored.
BuildWright does documentation, filing and compliance facilitation. This tool works from the rules cited on this page and does not give legal advice. You can file the return yourself from these figures, or have us prepare it and file it with you.
Filing as a freelancer or small business? We prepare your income computation and fileable return papers, and file them with you.