Form ITR-4 return can be filed by person enrolled under the presumptive taxation scheme.

Packages starting from

Rs. 1,770 /-

EASY ITR - 4

FORM FILING

ITR-4 SUGAM Form Filing

Easy ITR - 4 SUGAM Form Filing with Expert Help from CBS Stracon

The ITR-4 Form can be used by Individuals, Hindu Undivided Families who are running a business with turnover of less than ₹ 2 Crores and Professionals with gross receipts exceeding ₹ 50 Lakhs, provided they have opted for the presumptive income scheme as per Section 44AD ,Sec 44ADA and Section 44AE of the Income Tax Act.

Aspects of form ITR - 4

Who can use ITR-4 Form ?

ITR-4 must be filed by individuals / HUFs and Professionals who have opted for the presumptive income scheme as per Section 44AD ,Sec 44ADA and Section 44AE of the Income Tax Act.

ITR-4 cannot be filed by taxpayers who fall into the below category :

Businesses with turnover of over Rs. 2 Crores
Professionals with gross receipts exceeding Rs. 50 Lakhs

Who should not use ITR-4 Form ?

Due date to file ITR - 4

Due date for filing income tax return is 31st July for Individuals and 30th September for Businesses.

When to file ITR-4?

ITR-4 form is to be used when the assessee has income that falls into the below category :

Income from carrying on a profession and has opted for presumptive income scheme as per section 44 ADA

Service Procedure

ITR-4 SUGAM form can be filed under any of the following four methods:

Filing in a paper form - Only applicable for individuals over 80 years old and/or individuals/HUFs whose income does not exceed Rs.5 lakhs and no refund is claimed.
Filing online using digital signature certificate.
Transmitting the data in ITR-4 SUGAM form electronically under electronic verification code.
By transmitting the data in ITR-4 SUGAM form electronically and then mailing (By post) the return in Return Form ITR-V to the Income Tax Office.