Business 

Income Tax Return Filing 

Get your business income tax return filed online with affordable prices, starts at ₹1,199/- only.

Ebizfiling helps businesses stay compliant with expert ITR and TDS filing support.

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Business Income Tax Return Filing Online

About Our Service

File your business income tax return online with professional assistance from Ebizfiling. We help proprietorships, partnership firms, LLPs, companies, freelancers, and professionals calculate taxable income, select the correct ITR form, and complete filing within the applicable due date.

What Is a Business Income Tax Return?

A business income tax return reports the income, expenses, deductions, losses, and tax liability of a business or professional for the relevant financial year or tax year.

 

The applicable return and filing requirements depend on:

  • Type of business entity
  • Nature of business or profession
  • Turnover or gross receipts
  • Books of account maintained
  • Applicability of tax audi
  • Presumptive taxation eligibility Domestic or international transactions

For income earned up to 31 March 2026, returns continue to be governed by the Income-tax Act, 1961. The Income-tax Act, 2025 applies to income earned from 1 April 2026, beginning with Tax Year 2026–27. Return-filing provisions under the new Act are consolidated under Section 263. Income Tax Department ITR FAQs

Business ITR Forms  

For income earned during FY 2025–26, the following forms generally apply under the Income-tax Act, 1961:

Taxpayer

Generally applicable form

Individual or HUF with business or professional income

ITR-3

Eligible presumptive taxpayer

ITR-4

Partnership firm or LLP

ITR-5

Company not claiming exemption under Section 11

ITR-6

Eligible trust, institution or specified entity

ITR-7

ITR-4 is not available to every small business. Eligibility depends on residential status, income limits, nature of income, and presumptive taxation conditions.

 

The new return forms applicable under the Income Tax Act, 2025, will apply to Tax Year 2026–27 onwards as prescribed under the Income Tax Rules, 2026. Form selection should therefore be based on the year for which the return is being filed.

Due Dates for Business Income Tax Return Filing

For income earned during FY 2025–26, the normal statutory filing dates are

Business category

Normal due date

Taxpayer not requiring tax audit

31 July 2026

Taxpayer requiring tax audit

31 October 2026

Taxpayer required to submit a transfer-pricing report

30 November 2026

Belated or revised return

31 December 2026

These dates may change if CBDT issues an extension. The applicable notified date should be checked before filing.

 

Under the Income Tax Act, 2025, original, belated, revised, and updated return provisions are consolidated under Section 263.

 

Step by Step Process for Filing Business Income Tax Returns

Need Professional Assistance with Business ITR Filing?

Business income tax return filing involves more than entering income figures in an ITR form. Businesses must reconcile their books, bank statements, GST turnover, TDS records, expenses, depreciation, and tax payments before filing.

 

Ebizfiling can assist you with:

  • Selection of the correct ITR form
  • Calculation of business income and tax liability
  • Review of expenses, deductions and depreciation
  • AIS, Form 26AS(now 168) and TDS reconciliation
  • GST turnover reconciliation
  • Presumptive taxation applicability review
  • Tax audit coordination, where applicable
  • Filing and verification of the return

Get professional assistance with business income tax return filing to complete your return accurately and within the applicable due date.

 

File Your Business ITR Online with us
Call +91 9643203209 or email info@ebizfiling.com.

Explore Our Related Business Compliance Services

Business ITR filing is connected with accounting, TDS, GST, and annual statutory compliance. Apart from business income tax return filing, Ebizfiling also assists with:

When Is a Tax Audit Required?

For FY 2025–26, tax audit applicability is determined under Section 44AB of the Income Tax Act, 1961.


A tax audit may apply when:

  • Business turnover exceeds ₹1 crore.
  • The business turnover threshold may increase to ₹10 crore where cash receipts and cash
  • Payments each do not exceed 5% of the prescribed amounts.
  • Gross professional receipts exceed ₹50 lakh.
  • A taxpayer declares income below the prescribed presumptive rate in specified cases.
  • Another tax-audit condition under the Act becomes applicable.

For tax year 2026–27 onwards, the corresponding tax-audit provision is Section 63 of the Income Tax Act, 2025.

Business Income Tax Returns Fees

Choose Your Package

ESSENTIAL

1199/-

  • Income Tax filing of 1 year of Salaried Individual

ENHANCED

1999/-

  • Income Tax filing of 1 year for non- audit assessee

ULTIMATE

3499/-

  • Income Tax filing of 1 year for audit assessee upto a turnover of Rs. 2 Cr

Advantages of Filing Business Income Tax Return 

Tax Refunds

Timely return filing helps businesses claim refunds for excess tax paid or deducted during the tax year.

Avoid Fines

Timely return filing helps businesses avoid penalties, interest charges and notices from tax authorities

Loan Access

Valid ITR strengthens financial credibility and helps businesses secure loans and credit from all banks.

Legal Rules

Filing income tax returns helps businesses obey tax laws and stay compliant with government regulations.

Audit Ready

Organized tax records make future audits and tax assessments easy for businesses to handle and complete.

Adjust Loss

Timely ITR filing allows businesses to carry valid losses forward and offset them against future profits

Tender Bids

Government tenders often require ITR documents as proof of financial stability and business credibility.

Build Trust

Regular and accurate ITR filing builds trust among investors, lenders, banks, and financial   institutions.

Documents Required for Business Income Tax Return Filing 

Business Income Tax Return Documents

  • PAN and Aadhaar of the business owner or entity

  • Business registration certificate or incorporation document

  • Financial statements (Balance Sheet and Profit & Loss Account)

  • Bank account statements for the financial year

  • GST return summary and details (if applicable)

  • TDS certificates (Form 16A/130 and Form 26AS/168)

  • Audit report and tax audit details (if applicable)

  • Previous year’s income tax return (if available)

  • Details of loans, advances, and fixed assets

  • Proof of business expenses and investments

Why is Business Income Tax Return Filing Important? 

Business Growth

A proper filing record supports loan approvals, tenders, and future expansion opportunities for the business.

Avoiding Penalties

Timely filing helps businesses avoid interest, late fees, and legal notices from the tax authorities.

Financial Credibility

Regular filing builds trust with banks and investors by showing accurate and transparent financial records.

Legal Compliance

Filing a business income tax return ensures that your business follows the law and stays compliant with the Income Tax Department.

Stepwise Process of Business Income Tax Return Filing with Ebizfiling 

1

Document Collection

2

Income Computation

3

Tax Review

4

ITR Filing

5

Acknowledgment Delivery

What Does Ebizfiling Do for Business Income Tax Return Filing? 

  • At Ebizfiling, we make business income tax return filing simple, accurate, and worry-free for our clients.

  • Our experts carefully review your financial details, select the right ITR form, and compute your taxes with precision.

  • We ensure your return is filed on time and help you claim all eligible deductions and refunds.

  • Even after filing, our team assists with e-verification, TDS reconciliation, and post-filing support.

  • With Ebizfiling by your side, you can stay fully compliant while focusing on growing your business with complete peace of mind.

FAQ

FAQs on Business Income Tax Return Filing 

Get answers to all your queries

  • Which Act applies to the business return filed in 2026?

    A return for income earned up to 31 March 2026 continues to be filed under the Income-tax Act, 1961. The Income Tax Act, 2025, governs income from 1 April 2026, starting with Tax Year 2026–27.

  • What is the corresponding return-filing section under the Income-tax Act, 2025?

    Section 263 of the Income Tax Act, 2025, contains provisions relating to original, belated, revised, and updated returns.

  • Does a company have to file an ITR when it has no business activity?

    A company generally has to file its income tax return even when it has no turnover, profit or active business operations, subject to the applicable law and filing requirements.

  • Is ITR filing compulsory for an LLP with a loss?

    An LLP is generally required to file its return even if it has incurred a loss. Timely filing may also be necessary to carry forward eligible losses.

  • Can a sole proprietor use ITR-4?

    A resident sole proprietor may use ITR-4 only when all prescribed eligibility conditions are satisfied and income is computed under an eligible presumptive taxation scheme.

  • Can an LLP file ITR-4 under presumptive taxation?

    No. An LLP cannot use ITR-4 for presumptive taxation. An LLP generally files ITR-5.

  • What is the tax-audit section under the Income-tax Act, 2025?

    Section 63 is the corresponding tax-audit provision under the Income Tax Act, 2025. For FY 2025–26 returns, Section 44AB of the Income Tax Act, 1961, continues to apply.

  • Can business losses be carried forward if the return is filed late?

    Specified business and capital losses generally cannot be carried forward when the return is filed after the prescribed due date. However, different rules apply to unabsorbed depreciation and house property loss.

  • What is the late fee for filing a business ITR?

    For returns governed by the Income-tax Act, 1961, a late fee under Section 234F may be up to ₹5,000. It is generally restricted to ₹1,000 where total income does not exceed ₹5 lakh. Interest and other consequences may also apply.

  • Is GST turnover automatically treated as income-tax turnover?

    Not always. Differences may arise because of GST treatment, exempt supplies, advances, credit notes, or accounting policies. The turnover reported in GST returns should be reconciled with the books and ITR.

  • Is a digital signature compulsory for business ITR filing?

    Companies are generally required to verify their returns using a digital signature certificate. DSC requirements for other taxpayers depend on the entity, audit applicability, and prescribed verification method.

  • Can Ebizfiling help reconcile TDS and GST turnover?

    Yes, Ebizfiling can review Form 26AS, AIS, TDS certificates, GST summaries, and financial records before preparing the business return.

Reviews

  • Client Review & Ebizfiling

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    28 Nov 2017

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    01 Oct 2019

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    05 Aug 2019

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