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ITR-4 Return Filing Online

If you’re a small business owner, freelancer, or professional opting for the presumptive taxation scheme, ITR-4 (Sugam) is your go-to form. Designed for simplicity, it allows eligible taxpayers to declare income on a presumptive basis under Sections 44AD, 44ADA, or 44AE for Assessment Year 2025โ€“26.

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Who Should File ITR-4?

ITR-4 is applicable to:

  • Individuals, HUFs, and Firms (except LLPs) with income from:
    • Business under Section 44AD or 44AE
    • Profession under Section 44ADA
  • Income from salary/pension, one house property, and other sources (excluding lottery or racehorses)

You should NOT file ITR-4 if:

  • Your total income exceeds โ‚น50 lakh
  • You have capital gains, foreign assets/income, or are a company director
  • You hold unlisted equity shares
  • You are not eligible for presumptive taxation

Deadline and Penalties

  • Due Date for AY 2025โ€“26:31st July 2025
  • Belated Return Deadline: 31st December 2025
  • Late Filing Penalty:
    โ‚น1,000 if income โ‰ค โ‚น5 lakh
    โ‚น5,000 if income > โ‚น5 lakh
  • Interest under Section 234A applies if tax dues are unpaid

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List of Documents Required for ITR-4 Return

FAQ's on ITR-4 Return Filing

It allows eligible taxpayers to declare income at a fixed percentage of turnover without maintaining detailed books.

Yes, if your income is from content creation and you opt for Section 44ADA.

No audit is required if you opt for presumptive taxation and meet eligibility conditions.

Yes, but frequent switching may attract scrutiny. Consistency is advised.

Yes, you must e-verify your return within 30 days of filing to complete the process.

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