ITR-4 Sugam Return Filing — presumptive income, simplified compliance.
ITR-4 Sugam filing for small businesses, professionals, and transport operators under Sections 44AD, 44ADA, and 44AE — correct presumptive income declaration and timely filing by Chartered Accountants in Mumbai.
Contact UsITR-4, or Sugam, is designed for taxpayers who benefit from presumptive taxation schemes under Sections 44AD, 44ADA, and 44AE. Small business owners, freelancers, doctors, lawyers, engineers, and goods carriage operators who opt for this simplified route can declare income at a flat percentage of their gross receipts — without maintaining elaborate books or undergoing a tax audit.
The simplicity is real, but the eligibility conditions are strict. ITR-4 is only available to resident individuals, HUFs, and traditional partnership firms — not LLPs. Capital gains income, more than one house property, foreign assets, and total income above Rs 50 lakh all disqualify a taxpayer from using Sugam. And opting into presumptive taxation carries a five-year commitment — abandoning the scheme midway triggers mandatory tax audit.
NDS Advisors helps small business owners, consultants, and professionals across Mumbai navigate the presumptive taxation route — selecting the correct section, declaring the right income, and filing ITR-4 accurately every year. We also advise on when the presumptive route is advantageous versus when regular taxation would serve you better.
Our ITR-4 Sugam Return Filing Services
Section 44AD — Small Business
Presumptive income declaration at 8% (6% for digital receipts) for businesses with turnover up to Rs 2 crore — no detailed books or audit required.
Section 44ADA — Professionals
50% of gross professional receipts declared as income for specified professionals with receipts up to Rs 50 lakh under the simplified scheme.
Section 44AE — Goods Carriages
Presumptive income declaration for operators of goods carriages — per vehicle fixed income without detailed cost accounting.
Salary & House Property Schedules
Accurate reporting of salary/pension income and one house property alongside presumptive business income in ITR-4.
Other Source Income
Reporting of bank interest, dividend income, and other sources that can be included alongside the presumptive scheme.
Section 80 Deductions
Capture of all eligible deductions — 80C, 80D, 80CCD(1B), and others — to minimise tax even under the presumptive route.
Advance Tax Verification
Review of advance tax obligations — presumptive taxpayers must pay full advance tax by 15th March — and TDS credit verification.
E-filing & Acknowledgement
Complete ITR-4 filing on the portal with e-verification and acknowledgement provided on the same day.
Our Process
Eligibility Review
Confirm eligibility for ITR-4 — turnover limits, income sources, residential status, and five-year continuity requirement.
Income Computation
Compute presumptive income at the applicable rate; add salary, house property, and other source income; apply Chapter VI-A deductions.
Tax Regime Selection
Compare tax liability under old regime (with deductions) vs new regime; recommend optimal choice for the year.
Return Preparation
Prepare ITR-4 with all applicable schedules; share draft with you for confirmation before submission.
Filing & E-verification
Submit on the Income Tax portal and complete e-verification; send acknowledgement and tax computation summary.
Why It Matters
Frequently Asked Questions
Presumptive taxation — filed simply, filed right.
Our Chartered Accountants will confirm your eligibility, compute your presumptive income correctly, and file your ITR-4 on time.
