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Overview
ITR-4 SUGAM form filing - Income Tax Return

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

Filing Income Tax Return ITR-4 SUGAM Form

ITR-4 SUGAM form may be submitted using any of four methods:

  • Step 1: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.
  • Step 3: Transmitting the data in ITR-4 SUGAM form electronically under electronic verification code.
  • Step 2: Filing online using digital signature certificate.
  • Step 4: 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.

Under the fourth technique, Assessee filing ITR-4 SUGAM form must finish the ITR-V acknowledgment.The assessee should print two copies of Form ITR-V after the preparation of ITR-V. One copy of ITR-V, duly signed by the assessee, must be sent by ordinary post to Post Bag No. 1, Electronic City Office, Bengaluru–560100 (Karnataka). The assessee may retain the other copy for his record.

Pricing
Pay as your grow

Basic

All-inclusive charges

₹1699/

Income tax return filing for a taxpayer with less than Rs.10 lakhs taxable income.

Standard

All-inclusive charges

₹3499/

Income tax return filing less than Rs.25 lakhs for a taxpayer with taxable income.

Premium

All-inclusive charges

₹5,299/

Income tax return filing for a taxpayer with a taxable income of more than Rs.25 lakhs.

FAQs on ITR-4 Form Filing
Who can use the ITR-4 Form?
ITR-4 needs to be submitted by individuals / HUFs and professionals who have opted for the presumptive income scheme as per Section 44AD, Section 44ADA and Section 44AE of the Income Tax Act.
Who should not file ITR-4 Form?
ITR-4 cannot be filed by taxpayers who fall into the below categories :
  • Businesses with a turnover of over Rs. 2 Crores.
  • Professionals with gross receipts exceeding Rs. 50 Lakhs.

In the above cases, ITR-3 should be filed.

Companies are unable to file ITR-4 as it only applies to people / HUFs and professionals. Based on applicability, companies need to file ITR-6 or ITR-7.

When should ITR-4 be filed?
ITR-4 is to be used if the assessee has revenue in the category below:
  • Income from carrying on a profession and has opted for a presumptive income scheme as per section 44 ADA.
  • Income from Proprietary Business and has opted for presumptive income scheme as per section 44 AD or section 44AE.
  • Along with income from a profession or proprietary business, the return may also include income from House property, Salary/Pension and Income from other sources.
What is the due date for filing ITR-4 Form?
The filing date for income tax returns is July 31 for individuals and September 30 for companies.
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