TaxSavvy

For shops and traders

Take UPI. Your deemed profit drops to 6%.

Under Sec 58 (old 44AD), digital receipts count at 6% profit and cash at 8%.

  • ₹1,24,800

    less tax on ₹2 crore of digital sales

    6% profit = ₹0 tax; 8% on cash = ₹1,24,800. No other income, new regime, with 4% cess. [1][2][3][4]

  • ₹40 lakh

    of goods sales before GST registration, within your state

    Goods only, most states. Selling to other states, or through Amazon or Flipkart, usually needs registration from the first sale. [5][6]

  • ₹3 crore

    turnover limit with 5% cash or less

    Otherwise ₹2 crore. No tax audit if you declare at least the 6% or 8%. [1][7]

Worked examples for tax year 2026-27, Income-tax Act 2025, resident individual in the new regime unless stated. Your own figures will differ.

Step 1

Upload your bank statement

Bank statement analyser

UPI and card credits vs cash deposits, by month.

Upload bank statement

Step 2

What you get

Your benefit

₹1,24,800

a year, on the example above. Your own split comes from your statement.

The service that gets it done

Presumptive income tax return, ITR-4 (Sugam), Sec 58 (old 44AD, 44ADA, 44AE)

Delivered in 2 working days after bank statements, turnover and balances

₹1,999

Yearly, plus 18% GST

  1. Information

    • Bank statements for the year
    • Gross turnover or receipts
    • +7 more

  2. Discussion

    • Are you a director, do you hold unlisted shares, foreign assets, or agricultural income above ₹5,000?
    • What share of receipts came in cash?
    • +4 more

  3. Forms

    • Check ITR-4 eligibility and presumptive limits
    • If old regime is wanted, file Form 10-IEA (or the re-entry choice)
    • +4 more

  4. Deliverables

    • Filed ITR-4 acknowledgement
    • Presumptive income working
    • +1 more
Assign a SavvySee every step

Every answer comes as FPAC: Facts, Provisions and law, Analysis, Conclusion. A verified Savvy does the work, a CA checks it, and you pay the price shown.

Sources

  1. [1]Sec 58 (old 44AD, 44ADA): presumptive income
  2. [2]Sec 202, Income-tax Act 2025 (old 115BAC): new regime slabs
  3. [3]Sec 156 (old 87A): rebate up to ₹12 lakh
  4. [4]Tax rates: Health and Education Cess 4%
  5. [5]Notification 10/2019-CT: ₹40 lakh for goods
  6. [6]CGST Act Sec 24: compulsory registration (inter-state, e-commerce)
  7. [7]Sec 63 (old 44AB): tax audit limits
  8. [8]Income-tax Act 2025 in force from 1 April 2026

If you are a

Not you? Pick again.

Worked examples from the law, then your own from one upload.