Basic Accounting
Simple monthly accounts for freelancers, consultants and small proprietors — and no surprises at tax time
- 1OnboardAccounts and income sources mapped.
- 2MonthlyStatements shared; entries categorised.
- 3EstimateTax estimate and advance tax reminders.
- 4Year-endSummary ready for the income-tax return.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Basic Accounting
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Basic accounting suits freelancers, consultants and small proprietors with a modest number of transactions. It keeps income and expenses categorised every month, reconciles your bank account, checks whether presumptive taxation (Section 44AD or 44ADA) suits you, and reminds you of advance tax due on 15 June, 15 September, 15 December and 15 March.
Small businesses and freelancers often keep no records until the tax return is due, then struggle to separate personal and business spending, miss deductible expenses and pay interest on advance tax they didn't know about.
This plan keeps a light, monthly record: income by client, expenses by type, and the bank reconciled. You get a short monthly summary and a running estimate of your tax, so advance tax instalments are paid on time.
Professionals with receipts within the limit can use Section 44ADA (50% of receipts treated as profit), and small businesses Section 44AD (6% of digital or 8% of cash turnover). We check every year whether presumptive or regular books give the better result.
| Who it suits | Freelancers, consultants, small shops and service providers |
|---|---|
| Presumptive — business | Section 44AD: 6% of digital / 8% of cash turnover |
| Presumptive — professionals | Section 44ADA: 50% of gross receipts |
| Advance tax | 15 June, 15 September, 15 December, 15 March |
| Output | Monthly income-expense summary and tax estimate |
Who this is for
Common scenarios where this service is a good fit.
- Freelancers and consultants billing Indian or foreign clients
- Small proprietorships with simple transactions
- Doctors, designers, developers and other professionals
- New businesses in their first year
What you get
Clear deliverables so you know exactly what's included.
- Monthly income and expense categorisation
- Bank account reconciliation
- Running tax estimate and advance tax reminders
- Presumptive vs regular books comparison
- Year-end summary for your income-tax return
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Accounts and income sources mapped.
Statements shared; entries categorised.
Tax estimate and advance tax reminders.
Summary ready for the income-tax return.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- ₹2,000 a month for one bank account and modest transaction volume.
- The income-tax return can be added at a discounted rate.
- Moving to a larger plan is quoted when your volume grows.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
This page also covers
- Advance tax planning
- Instalments estimated and reminded through the year.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
