Business & Profession Income Calculator – FY 2025-26

Compute taxable “Income from Business or Profession” for AY 2026-27. Choose Business, Profession or Presumptive (44AD/44ADA/44AE) as per your case.

Use output in “Business & Profession” box of main Tax Calculator

Choose your income type

Business: traders / manufacturers • Profession: doctors, CA/CS, lawyers • Presumptive: small business / professionals / transport (44AD/ADA/AE).

1. Business – normal scheme (non-presumptive)

Turnover / sales (₹) Total business turnover as per books

Other business income (₹) Job work, commission, scrap sale, etc.

Purchases / direct costs (₹) Material, trading purchases, freight, etc.

Other allowable expenses (₹) Rent, salaries, power, admin, etc.

Depreciation (IT Act) (₹) As per income-tax depreciation working

Disallowable expenses to add back (₹) Personal, income tax, 40(a)(ia) etc.

Less: incomes taxed under other heads (₹) Interest, capital gains etc. already included above

Working logic (simplified): Book profit = (Turnover + other income) – (purchases + expenses + depreciation); Taxable income = Book profit + disallowable – other-head incomes (if any).

2. Profession – normal scheme (non-presumptive)

Gross professional receipts (₹) Clinic fees, consultancy fees, etc.

Other professional income (₹) Honorarium, seminar fees, etc.

Allowable expenses (₹) Clinic rent, staff, travel, etc.

Depreciation (IT Act) (₹) On clinic equipment, laptop, car, etc.

Disallowable expenses to add back (₹) Personal drawings, inadmissible items

Less: incomes taxed under other heads (₹) Interest, capital gains etc. embedded in receipts

Same logic as business: net professional income after expenses, plus disallowable items, minus incomes which are taxed under other heads.

3. Presumptive scheme – Sections 44AD / 44ADA / 44AE

Choose presumptive section

Turnover via digital / banking (₹) Receipts by account payee cheque / bank / UPI, etc.

Turnover via cash (₹) Cash sales / cash receipts

Higher income you want to declare (optional) (₹) If you want to offer more than presumptive minimum

Under 44AD, presumptive income is usually 6% of digital turnover and 8% of cash turnover (subject to latest law). You can always declare higher income.

Note: This presumptive working ignores detailed conditions like turnover limits, multiple businesses, audit requirement triggers, etc. It only helps you compute the presumptive income figure to plug into your ITR / main tax calculator.

Business & Profession – income summary

Business – normal scheme

Working based on your selected mode.

Gross receipts / turnover Rs. 0

Total expenses (incl. depreciation) Rs. 0

Book profit / presumptive income Rs. 0

Taxable business / professional income Rs. 0

Working (annual)	Amount (₹)
Gross receipts / turnover	Rs. 0
Other income from business / profession	Rs. 0
Total revenue (A)	Rs. 0
Total expenses incl. depreciation (B)	Rs. 0
Book profit (A – B)	Rs. 0
Add: disallowable expenses	Rs. 0
Less: incomes taxed under other heads	Rs. 0
Presumptive income (if applicable)	Rs. 0
Taxable income from business / profession	Rs. 0

How to use: Take the figure shown as “Taxable business / professional income” and put it in the “Business & Profession (₹)” box of your main Income Tax Calculator. For complex cases (multiple businesses, firm vs individual, partner’s interest & remuneration, etc.), always cross-check with your CA / CS.

Confused in business income working?

Share your P&L or presumptive details on WhatsApp. CA/CS team will help compute correct business income for AY 2026-27.

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