File your presumptive tax return
quickly and accurately with
expert ITR-4 filing support
🟩 For small businesses and professionals
🟩 No audit or books required
🟩 Quick filing with minimal documents
🟩 Maximum deduction claim assistance
🟩 End-to-end filing support
ITR-4 (Sugam) is designed for individuals, HUFs, and firms (excluding LLPs) opting for presumptive taxation under Sections 44AD, 44ADA, and 44AE.
It simplifies tax compliance by allowing taxpayers to declare income at prescribed rates without maintaining detailed books of accounts or undergoing tax audits.
ITR-4 (Sugam) is designed for individuals, HUFs, and firms (excluding LLPs) opting for presumptive taxation under Sections 44AD, 44ADA, and 44AE.
It simplifies tax compliance by allowing taxpayers to declare income at prescribed rates without maintaining detailed books of accounts or undergoing tax audits.
Benefits
Benefits
Tax Comparison
Sole Proprietorship
vs Others
Tax Rate
Individual income tax slabs
ranging from 0% to 30%.
Minimum Tax
No tax payable up to
₹2.5 lakhs of income.
Expense Deduction
Business-related expenses
are fully allowed.
Advance Tax
Applicable if total tax
liability exceeds ₹10,000.
Audit Requirement
Audit required only if
turnover exceeds limits.
Tax Rate
Flat tax rate of
30% on total income.
Minimum Tax
Taxable irrespective of
partner’s personal income.
Expense Deduction
Business expenses
are allowed as deductions.
Advance Tax
Advance tax payment
is applicable.
Audit Requirement
Audit generally required
as per applicable rules.
Tax Rate
Corporate tax at 25%
for turnover below ₹400 cr.
Minimum Tax
Taxable regardless of
dividend distribution.
Expense Deduction
Business expenses
are allowed.
Advance Tax
Advance tax payment
is mandatory.
Audit Requirement
Statutory audit is
mandatory every year.
Tax Rate
Individual income tax slabs
ranging from 0% to 30%.
Minimum Tax
No tax payable up to
₹2.5 lakhs of income.
Expense Deduction
Business-related expenses
are fully allowed.
Advance Tax
Applicable if total tax
liability exceeds ₹10,000.
Audit Requirement
Audit required only if
turnover exceeds limits.
Tax Rate
Flat tax rate of
30% on total income.
Minimum Tax
Taxable irrespective of
partner’s personal income.
Expense Deduction
Business expenses
are allowed as deductions.
Advance Tax
Advance tax payment
is applicable.
Audit Requirement
Audit generally required
as per applicable rules.
Tax Rate
Corporate tax at 25%
for turnover below ₹400 cr.
Minimum Tax
Taxable regardless of
dividend distribution.
Expense Deduction
Business expenses
are allowed.
Advance Tax
Advance tax payment
is mandatory.
Audit Requirement
Statutory audit is
mandatory every year.
Registration Process
Registration Process
Post-Registration Compliances
Post-Registration Compliances
Complete e-verification
after filing
Pay advance tax before
due dates
Maintain financial records
and proofs
Respond to income tax
notices promptly
Continue timely filing
every year
Complete e-verification
after filing
Pay advance tax before
due dates
Maintain financial records
and proofs
Respond to income tax
notices promptly
Continue timely filing
every year
Common Mistakes to Avoid
Common Mistakes
to Avoid
Choosing incorrect return
form may cause issues
Wrong turnover figures
impact tax calculations
Failure to disclose income
may trigger notices
Missing deductions may
increase tax liability
Unverified returns remain
invalid and incomplete
Delayed filing may attract
penalties and interest
Choosing incorrect return
form may cause issues
Wrong turnover figures
impact tax calculations
Failure to disclose income
may trigger notices
Missing deductions may
increase tax liability
Unverified returns remain
invalid and incomplete
Delayed filing may attract
penalties and interest
If you need immediate assistance, please call:
Share a few details with us, and one of our compliance specialists will get in touch shortly.
We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.
If you need immediate assistance, please call:
Share a few details with us, and one of our compliance specialists will get in touch shortly.
We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.
Yes, eligible professionals can file under Section 44ADA within prescribed limits.
No, presumptive taxation generally removes the requirement for books and audit.
You may need to maintain books and file ITR-3 instead.
No, expenses are presumed under the scheme. Only eligible deductions can be claimed.
Yes, advance tax should generally be paid by March 15.
Can I receive a tax refund under ITR-4?