How does a small business estimate its tax liability?

A small business estimates tax by comparing its actual net profits (Revenue minus Expenses) against presumptive limits under Section 44AD. Income is then taxed at applicable slab rates or corporate tax rates.

When is a tax audit mandatory for businesses?

Tax audit u/s 44AB is mandatory if annual turnover exceeds ₹10 crore (if cash receipts ≤ 5%) or ₹2 crore if cash receipts > 5%.

Business Tax EstimatorFY 2026-27

Full-year business tax estimate covering 44AD presumptive and actual books with advance tax schedule.

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Quick Summary: Business Tax Estimator

The Business Tax Estimator for FY 2026-27 provides a comprehensive outlook on your tax liability. It calculates tax under Section 44AD (presumptive) vs regular ITR-3 filing, estimates your quarterly advance tax installments, and checks for tax audit triggers under Section 44AB.

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Advance Tax Calculator

44AD Presumptive Tax Calculator

Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.