ITR 4 Filling

✅ ITR-4 Return Filing (SUGAM Form) – For Presumptive Income Taxpayers

The ITR-4 Form, also known as the SUGAM form, is designed for individuals, HUFs, and firms (other than LLPs) who opt for the presumptive taxation scheme under Section 44AD, 44ADA, or 44AE of the Income Tax Act.

💡 Note: If your business turnover exceeds ₹2 Crores, you must file ITR-3 instead. In some cases, ITR-5 may be applicable based on specific conditions.

👥 Who Can File ITR-4 (SUGAM) Form?

Eligible taxpayers include:

• Individuals
• Hindu Undivided Families (HUFs)
• Firms (excluding LLPs)

who choose to adopt the presumptive income scheme under the following sections:

• ✅ Section 44AD – For small businesses
• ✅ Section 44ADA – For specified professionals
• ✅ Section 44AE – For those in the transport business

📘 What is Presumptive Taxation Scheme?

The presumptive taxation scheme simplifies tax compliance by allowing small taxpayers to declare income at predefined rates, without maintaining detailed books of accounts.

✳️ Section 44AD:

• For Resident Individuals, HUFs, and Firms (not LLPs)
• Applicable to businesses (except commission or agency businesses)
• Turnover must be up to ₹2 Crores

✳️ Section 44ADA:

• For Resident individuals practicing professions (legal, medical, engineering, architecture, etc.)
• Gross receipts must be up to ₹50 Lakhs

✳️ Section 44AE:

• For those engaged in plying, hiring, or leasing goods carriages
• Ownership of not more than 10 goods vehicles

📝 Eligibility Criteria for ITR-4 Filing

To be eligible to file ITR-4, the taxpayer must:

✅ Have a total income not exceeding ₹50 Lakhs
✅ Derive income from:

• Salary or pension
• One house property
• Interest/family pension under “Other Sources”
• Presumptive business (turnover up to ₹2 Crores)
• Presumptive profession (receipts up to ₹50 Lakhs)
• Goods carriage business (up to 10 vehicles)

❌ Who Cannot Use ITR-4 (SUGAM) Form?

The SUGAM form is NOT applicable for taxpayers who:

🚫 Are company directors
🚫 Held unlisted equity shares anytime during the year
🚫 Have assets or signing authority in foreign entities or accounts
🚫 Have foreign income

Also, not suitable if the taxpayer has:

• More than one house property
• Capital gains income
• Income from lottery, racehorses
• Income taxed under special rates (115BBDA/115BBE)
• Agricultural income exceeding ₹5,000
• Losses under “House Property” or “Other Sources”
• Claims for foreign tax relief or past losses
• Commission, brokerage, or agency income

🧾 Structure of the ITR-4 (SUGAM) Form

The form is divided into 4 main parts:

📌 Part A – General Information

Includes personal details like PAN, name, DOB, address, contact details, etc.

📌 Part B – Gross Total Income

Break-up of income from all five heads:

• Salary/Pension
• House Property
• Business/Profession
• Other Sources

📌 Part C – Deductions & Taxable Income

Includes all deductions under Chapter VI-A such as 80C, 80D, 80E, etc.

📌 Part D – Tax Computation

Details on:

• Tax payable
• Rebates under 87A
• Advance tax
• TDS, TCS
• Interest u/s 234B, 234C
• Refund or additional tax payable

🧩 Additional Schedules:

• Schedule IT – Advance tax & self-assessment tax
• Schedule TDS1 & TDS2 – Tax deducted at source on salary & other income
• Schedule TCS – Tax collected at source

🗂️ Annexure-less Return

🟢 No need to attach any supporting documents, such as TDS certificates or proof of deductions.
🟢 Simply file the return online and verify it digitally or physically (ITR-V).

✅ Why Choose India Fills for ITR-4 Filing?

👨‍💼 Expert Tax Professionals

Get end-to-end support from our expert tax consultants who ensure compliance with every rule under the Income Tax Act.

💻 Hassle-Free Online Filing

Our online platform allows you to file your return from the comfort of your home or office.

✔️ Error-Free Filing

Every ITR is reviewed for accuracy, eligibility, and compliance, minimizing the risk of notices or penalties.

⏱️ Timely Submission

Avoid late fees and penalties. We ensure your ITR-4 is filed before the due date.

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