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ITR Form 4 (Sugam)

The simplified return form for individuals, HUFs, and firms opting for presumptive taxation under Sections 44AD, 44ADA, or 44AE.

Quick Definition

The simplified return form for individuals, HUFs, and firms opting for presumptive taxation under Sections 44AD, 44ADA, or 44AE.

What is ITR-4 (Sugam)?#

ITR-4, also called Sugam (meaning "simple/easy"), is the income tax return form for individuals, HUFs, and firms (excluding LLPs) who have opted for presumptive taxation under specific sections of the Income Tax Act.

It's essentially a simplified version of ITR-3 for small businesses and professionals who don't want to maintain detailed books of accounts.

Who Can File ITR-4?#

You can file ITR-4 if:

✅ You are an individual, HUF, or firm (not LLP) ✅ You opt for presumptive taxation under:

  • Section 44AD — Small businesses (turnover ≤ ₹3 crore)
  • Section 44ADA — Specified professionals (gross receipts ≤ ₹75 lakh)
  • Section 44AE — Transporters (up to 10 goods carriages) ✅ You have income from salary, one house property, and other sources (in addition to presumptive income) ✅ Total income is ≤ ₹50 lakh (from non-presumptive sources)

Who Cannot File ITR-4?#

❌ Income > ₹50 lakh from non-presumptive sources ❌ Capital gains of any kind ❌ Directors in companies ❌ Investments in unlisted shares ❌ NRIs or HUF partners ❌ If you maintain regular books and don't opt for presumptive scheme

Presumptive Tax Rates Under Each Section#

SectionFor WhomDeemed Profit Rate
44ADEligible businesses8% of turnover (cash); 6% (digital receipts)
44ADADoctors, CAs, lawyers, architects, etc.50% of gross receipts
44AEGoods transporters₹7,500/month per vehicle

You don't need to maintain books of accounts when opting for presumptive taxation — the profit is deemed to be the specified percentage.

Benefit of Filing ITR-4#

  • No books of accounts required (simplifies compliance)
  • No tax audit required (saves CA fees)
  • Simpler form than ITR-3
  • Advance tax: Pay 100% by March 15 (single installment)

Key Condition: Opt-Out Consequences#

If you opt out of presumptive taxation in any year, you cannot opt back in for the next 5 years. This is a critical consideration before choosing the scheme.

Practical Example#

A freelance graphic designer earning ₹30 lakh/year:

  • Under 44ADA: Deemed income = 50% × ₹30L = ₹15 lakh
  • No need to prove actual expenses
  • File ITR-4, pay tax on ₹15 lakh
  • If actual expenses are > 50% of income → 44ADA may not be beneficial; consider ITR-3 with regular books

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