ITR-4 (Sugam) Return Filing

Simplified ITR-4 Filing Under Presumptive Taxation Schemes

ITR-4, also known as Sugam, is designed for resident individuals, HUFs, and firms (other than LLPs) who opt for the presumptive taxation scheme under sections 44AD, 44ADA, or 44AE, with total income up to Rs. 50 lakh.

ITR-4 simplifies compliance for small businesses and professionals by avoiding detailed books of accounts. Taxpayers not eligible for presumptive taxation should instead consider ITR-3 return filing, and firms with more complex structures may need ITR-5 return filing. Explore our full income tax e-filing services for guidance.

Our ITR-4 Filing Services

Presumptive Income Calculation

Computing income under sections 44AD, 44ADA, or 44AE.

Eligibility Assessment

Confirming eligibility for the presumptive taxation scheme.

Turnover Verification

Reviewing turnover and receipts against prescribed limits.

Other Income Reporting

Reporting salary, house property, or other sources income.

Deduction Review

Applying eligible deductions under Chapter VI-A.

E-Verification Support

Assisting with return submission and e-verification.

Our Approach

Reviewing turnover, receipts, and eligibility for presumptive taxation
Confirming ITR-4 is the correct form for the taxpayer
Computing presumptive income under the applicable section
Applying eligible deductions and reporting other income
Filing the return and completing e-verification

Benefits of Filing ITR-4 With Us

Simplifies compliance without detailed books of accounts
Reduces administrative burden for small businesses
Ensures accurate computation under presumptive schemes
Helps claim eligible deductions where applicable
Supports timely and hassle-free return filing

Why Choose Us?

Experience with presumptive taxation for small businesses
Careful eligibility checks before filing
Clear guidance on turnover and receipt limits
Transparent, efficient filing process
Reliable support through submission and e-verification

Frequently Asked Questions

Who can file ITR-4?

ITR-4 can be filed by resident individuals, HUFs, and firms other than LLPs who opt for presumptive taxation under sections 44AD, 44ADA, or 44AE, with total income up to Rs. 50 lakh.

What is presumptive taxation?

Presumptive taxation allows eligible taxpayers to declare income at a prescribed percentage of turnover or receipts, without maintaining detailed books of accounts.

Can professionals use ITR-4?

Yes, professionals opting for presumptive taxation under section 44ADA, such as certain consultants, can file ITR-4.

Is ITR-4 applicable to LLPs?

No, LLPs are not eligible to file ITR-4; they are generally required to file ITR-5 instead.

What if turnover exceeds the presumptive limit?

If turnover exceeds the prescribed limit for presumptive taxation, the taxpayer would need to file ITR-3 with regular books of accounts instead of ITR-4.