ITR-4 Return Filing
ITR-4 Return Filing (Sugam)
Professional ITR-4 return filing support for eligible Resident Individuals, HUFs and Resident Firms other than LLPs having eligible presumptive business or professional income under sections 44AD, 44ADA or 44AE, together with permitted salary/pension, house-property, other-source and section 112A capital-gain income.
ITR-4 — Simplified Presumptive Income Tax Return Support
GSTBUY helps eligible taxpayers check ITR-4 applicability, organise presumptive business or professional income, reconcile AIS and Form 26AS, review permitted income sources, compute tax and complete validation, filing and e-Verification support.
What Is ITR-4 (Sugam)?
ITR-4, commonly known as Sugam, is a simplified income-tax return for eligible taxpayers who declare business or professional income on a presumptive basis under sections 44AD, 44ADA or 44AE, subject to the complete conditions prescribed by the Income Tax Department. For AY 2026-27, the Department states that ITR-4 can be used by eligible Resident Individuals, HUFs and Resident Firms other than LLPs with total income up to ₹50 lakh.
ITR-4 is optional, not mandatory. An eligible taxpayer can choose the simplified presumptive-return route, while taxpayers who do not satisfy ITR-4 conditions may need to use another return such as ITR-3.
Who Can File ITR-4 for AY 2026-27?
The Income Tax Department's current AY 2026-27 guidance states that ITR-4 may be filed by a Resident Individual, Resident HUF or Resident Firm other than LLP having total income not exceeding ₹50 lakh, where business or professional income is computed on a presumptive basis under section 44AD, 44ADA or 44AE, together with the permitted categories of income specified by the form.
Permitted Income Categories
- Presumptive business income under section 44AD
- Presumptive professional income under section 44ADA
- Specified goods-carriage income under section 44AE
- Salary / pension income
- Eligible house-property income
- Interest, family pension and permitted other-source income
- Agricultural income up to ₹5,000
- Section 112A long-term capital gain up to ₹1.25 lakh
Eligibility Check Before Filing
- Residential status
- Total-income ceiling
- Nature of business / profession
- Presumptive section used
- Capital-gain position
- Foreign asset / income position
- Directorship / unlisted-equity status
- Loss and special-rate income position
ITR-4 Eligibility at a Glance
| Condition | AY 2026-27 ITR-4 Position | GSTBUY Check |
|---|---|---|
| Residential status | Resident Individual / Resident HUF / Resident Firm other than LLP, subject to the form conditions. | Confirm residential status before selecting ITR-4. |
| Total income | Not exceeding ₹50 lakh. | Check total income after considering all reportable sources. |
| Business / profession | Computed on presumptive basis under 44AD, 44ADA or 44AE. | Identify the correct presumptive section and applicable conditions. |
| Capital gains | Section 112A LTCG up to ₹1.25 lakh is permitted, subject to the complete conditions. | Check the nature and amount of capital gain. |
| Other income | Specified salary/pension, house-property, interest, family pension and other permitted categories. | Reconcile all permitted income with AIS and supporting records. |
Section 44AD — Presumptive Business Income
Section 44AD provides a presumptive taxation framework for eligible businesses. Instead of maintaining the detailed profit computation used in a regular business-income return, eligible taxpayers can declare business income according to the presumptive provisions and the applicable turnover / gross-receipt and payment conditions.
The exact percentage, turnover limits and conditions must be checked under the law applicable to the relevant Assessment Year. GSTBUY's role is to review the taxpayer's facts and help identify the applicable reporting route rather than applying a presumptive percentage without checking eligibility.
Section 44ADA — Presumptive Professional Income
Section 44ADA provides presumptive taxation for eligible professions, subject to the statutory conditions. Professional receipts should be compiled accurately and the taxpayer should confirm that the profession and the relevant receipt limits satisfy the applicable provisions.
Section 44AE — Goods Carriage Business
Section 44AE provides a presumptive framework for eligible persons carrying on the business of plying, hiring or leasing goods carriages, subject to the statutory conditions. The return requires the applicable vehicle-related information and presumptive computation required by the current form.
ITR-4 vs ITR-3 — Which Form?
ITR-4 is a simplified optional return for eligible taxpayers using presumptive taxation. ITR-3 is generally the more comprehensive business/profession return when ITR-4 is not available or not appropriate. Choosing ITR-4 only because a taxpayer has a small business is not sufficient; every exclusion and eligibility condition must be checked.
| Review Point | ITR-4 (Sugam) | ITR-3 |
|---|---|---|
| Business / profession | Presumptive income under eligible 44AD / 44ADA / 44AE provisions. | Business or professional income where ITR-4 is not appropriate or available. |
| Total income | Up to ₹50 lakh, subject to all other conditions. | No ITR-4-style ₹50 lakh ceiling for form selection; broader eligibility applies. |
| Complexity | Simplified presumptive reporting. | Broader schedules and financial reporting may apply. |
| Choice | Optional if eligible. | Applicable where the taxpayer is outside ITR-4 eligibility and has relevant business/profession income. |
Who Cannot File ITR-4?
The Income Tax Department's current AY 2026-27 guidance lists several situations in which ITR-4 cannot be used. These exclusions are important because a taxpayer may otherwise appear to satisfy the basic ₹50 lakh and presumptive-income conditions.
Salary, Pension & House Property With ITR-4
Eligible taxpayers can report permitted salary/pension and house-property income in addition to presumptive business or professional income. For AY 2026-27, the Department's ITR-4 guidance allows income from two house properties, subject to the complete form conditions.
| Income Area | Permitted Position | GSTBUY Review |
|---|---|---|
| Salary / Pension | Permitted subject to the form's complete conditions. | Reconcile Form 16 / pension information with AIS and Form 26AS. |
| House Property | Income from up to two house properties under AY 2026-27 eligibility. | Review property ownership, rent and applicable interest information. |
| Agricultural Income | Up to ₹5,000. | Confirm amount and disclosure requirements. |
| Other Sources | Specified interest, family pension and other permitted categories. | Reconcile bank statements and AIS. |
| 112A LTCG | Up to ₹1.25 lakh, subject to the complete eligibility conditions. | Review transaction statements and capital-gain amount before choosing ITR-4. |
Section 112A Long-Term Capital Gain
For AY 2026-27, ITR-4 permits section 112A long-term capital gain up to ₹1.25 lakh, subject to the form's other eligibility conditions. This does not mean that all capital gains can be reported through ITR-4. In particular, the Department's current guidance identifies short-term capital gains as an exclusion.
Other Sources of Income
ITR-4 permits specified other-source income, including interest from savings accounts, deposits with banks / post offices / cooperative societies, interest on income-tax refunds, family pension and other permitted interest income. Lottery winnings and racehorse income are excluded.
Agricultural Income
For AY 2026-27, agricultural income up to ₹5,000 is permitted in ITR-4, subject to the other eligibility conditions. Agricultural income above the permitted limit is an exclusion and can require a different return form.
Turnover / Gross Receipts & Presumptive Income Review
Presumptive filing does not remove the need for accurate turnover or gross-receipt information. The taxpayer should identify the relevant receipts, applicable presumptive section and the statutory conditions before entering the presumptive income in ITR-4.
| Review Area | What to Check | GSTBUY Support |
|---|---|---|
| Business receipts | Sales / turnover and other eligible business receipts. | Reconcile with bank records, invoices, GST records where relevant and AIS. |
| Professional receipts | Gross professional receipts under the applicable 44ADA conditions. | Review invoices, receipts, bank credits and TDS information. |
| Goods carriage | Vehicle-related details relevant to section 44AE. | Review vehicle records and the applicable presumptive computation. |
| Presumptive income | Income determined under the applicable section and statutory rules. | Check section eligibility and current-year utility calculations. |
AIS, Form 26AS & Tax Credit Reconciliation
Even though ITR-4 is a simplified return, tax information should still be reconciled. Form 26AS and AIS can contain TDS/TCS, interest, income and other transaction information that should be compared with the taxpayer's records before final filing.
GSTBUY Review
- Business / professional receipts
- Form 16 salary / pension information
- TDS and TCS credits
- Bank interest and other-source income
- Capital-gain information where applicable
- Advance-tax / self-assessment tax challans
If a Difference Appears
- Identify the reporting source.
- Compare AIS / 26AS with actual records.
- Check employer / deductor / bank reporting.
- Resolve material mismatches before submission.
Old Tax Regime vs New Tax Regime
The applicable tax regime should be reviewed using the current AY 2026-27 rules and the taxpayer's actual income and eligible deductions. For business and professional taxpayers, the regime-selection requirements should be checked carefully before filing.
| Review Point | New Tax Regime | Old Tax Regime |
|---|---|---|
| Tax calculation | Apply the current AY 2026-27 new-regime provisions. | Apply the applicable old-regime provisions where the taxpayer is eligible. |
| Deductions | Only deductions permitted under the new regime should be considered. | More deductions / exemptions may be available subject to the law. |
| Business / profession | Review the applicable option and tax computation requirements for the presumptive taxpayer. | Review the applicable old-regime computation and eligible deductions. |
| Decision | Compare the taxpayer's actual income, eligible deductions and final tax before confirming the regime. | |
Documents & Information Required for ITR-4
ITR-4 is simplified, but accurate source information is still necessary. GSTBUY recommends keeping the following records ready according to the taxpayer's actual income sources and presumptive business/profession.
AY 2026-27 — Current ITR-4 Utility & Portal Status
The Income Tax Department's current AY 2026-27 downloads page lists ITR-4 for eligible Individuals, HUFs and Firms other than LLPs using presumptive taxation under sections 44AD, 44ADA or 44AE. The current ITR-4 Excel utility is listed as version 1.2, with the latest release dated 1 September 2026. The Department also states that ITR-4 for AY 2026-27 is available for filing through online and offline utilities.
ITR-4 Filing Process Through the Income Tax Portal
Official Portal Workflow — Step by Step
The Income Tax e-Filing workflow requires the taxpayer to log in, select the applicable Assessment Year and return-filing service, choose the taxpayer status and ITR-4, review pre-filled information, complete the required fields, validate the return, preview it, submit it and complete verification. Portal screens and utilities can change as the Department updates the filing system.
Tax Computation, TDS, TCS & Refund
After the presumptive income and other permitted income are entered, the return calculates the overall tax position after applicable deductions, rebate, TDS/TCS, advance tax, self-assessment tax, interest and other relevant amounts.
Validation, Preview & e-Verification
Before submission, GSTBUY recommends checking all income sources, presumptive computations, tax credits, personal details and bank information. The current utility or portal should be used to validate the return, resolve errors, preview the final data and complete the prescribed verification.
PAN, Aadhaar & Bank Account Checks
Common ITR-4 Filing Errors to Avoid
GSTBUY ITR-4 Return Filing Service
GSTBUY provides structured ITR-4 return-preparation and filing support for eligible presumptive taxpayers. The workflow focuses first on eligibility, then on presumptive income, permitted additional income, tax credits, tax computation and final portal verification.
Our Review Includes
- ITR-4 eligibility screening
- 44AD / 44ADA / 44AE review
- Turnover / gross-receipt reconciliation
- Salary / pension and property-income review
- Section 112A capital-gain eligibility check
- AIS / Form 26AS reconciliation
- Tax-regime and tax-computation review
- Validation and e-Verification guidance
Suitable For
- Eligible resident individual businesses
- Eligible resident professionals
- Eligible HUFs
- Eligible resident firms other than LLPs
- Taxpayers using 44AD / 44ADA / 44AE
- Taxpayers who satisfy all ITR-4 conditions
Frequently Asked Questions
What is ITR-4 (Sugam)?
ITR-4 is a simplified optional income-tax return for eligible Resident Individuals, HUFs and Resident Firms other than LLPs having eligible presumptive business or professional income under sections 44AD, 44ADA or 44AE and satisfying the other prescribed conditions.
What is the income limit for ITR-4 for AY 2026-27?
The current Income Tax Department guidance states that total income must not exceed ₹50 lakh, together with the other ITR-4 eligibility conditions.
Who can use ITR-4?
Eligible Resident Individuals, Resident HUFs and Resident Firms other than LLPs can use ITR-4 when business or professional income is computed under the eligible presumptive provisions and all other conditions are satisfied.
Is ITR-4 mandatory?
No. The Income Tax Department describes ITR-4 as an optional simplified return for an assessee who is eligible to declare business or professional income on a presumptive basis under sections 44AD, 44ADA or 44AE.
Can ITR-4 be used for salary income?
Yes. Eligible taxpayers can report salary or pension income along with qualifying presumptive business or professional income, subject to the complete ITR-4 conditions.
Can ITR-4 include house-property income?
Yes. For AY 2026-27, the Department's current guidance permits income from up to two house properties, subject to the other eligibility conditions.
Can ITR-4 include capital gains?
Only the permitted section 112A long-term capital gain up to ₹1.25 lakh can fall within ITR-4 eligibility, subject to all conditions. Short-term capital gains are an exclusion.
Can a person with foreign income file ITR-4?
No. The current Department guidance lists income from a source outside India, foreign assets / financial interests and signing authority in a foreign account among the circumstances that can make ITR-4 unavailable.
What is the difference between ITR-3 and ITR-4?
ITR-4 is a simplified optional presumptive return for eligible taxpayers. ITR-3 is the broader business/profession return and is generally relevant where ITR-4 is not available or appropriate.
Should I check AIS and Form 26AS?
Yes. GSTBUY recommends reconciling TDS/TCS, interest, reported income and tax payments with AIS, Form 26AS and the taxpayer's supporting records before filing.
Is ITR-4 available online for AY 2026-27?
Yes. The Income Tax Department currently states that ITR-1 through ITR-7 for AY 2026-27 are available for filing through online and offline utilities.
Can GSTBUY guarantee a refund?
No. GSTBUY can provide return-preparation and filing support, but refund eligibility, processing and final determination remain with the Income Tax Department.
Need Help With ITR-4 Return Filing?
Share your presumptive business or professional income details and relevant tax documents with GSTBUY for eligibility review, reconciliation, tax computation and filing-support assistance.
Start ITR-4 Return Filing →Information on this page is prepared with reference to current Income Tax Department / e-Filing portal guidance for AY 2026-27. Tax rules, forms, utilities, eligibility and portal workflows can change; the applicable Assessment Year requirements should be checked before filing.
ITR-4 Return Filing (Sugam)
Professional ITR-4 return filing support for eligible Resident Individuals, HUFs and Resident Firms other than LLPs having eligible presumptive business or professional income under sections 44AD, 44ADA or 44AE, together with permitted salary/pension, house-property, other-source and section 112A capital-gain income.
ITR-4 — Simplified Presumptive Income Tax Return Support
GSTBUY helps eligible taxpayers check ITR-4 applicability, organise presumptive business or professional income, reconcile AIS and Form 26AS, review permitted income sources, compute tax and complete validation, filing and e-Verification support.
What Is ITR-4 (Sugam)?
ITR-4, commonly known as Sugam, is a simplified income-tax return for eligible taxpayers who declare business or professional income on a presumptive basis under sections 44AD, 44ADA or 44AE, subject to the complete conditions prescribed by the Income Tax Department. For AY 2026-27, the Department states that ITR-4 can be used by eligible Resident Individuals, HUFs and Resident Firms other than LLPs with total income up to ₹50 lakh.
ITR-4 is optional, not mandatory. An eligible taxpayer can choose the simplified presumptive-return route, while taxpayers who do not satisfy ITR-4 conditions may need to use another return such as ITR-3.
Who Can File ITR-4 for AY 2026-27?
The Income Tax Department's current AY 2026-27 guidance states that ITR-4 may be filed by a Resident Individual, Resident HUF or Resident Firm other than LLP having total income not exceeding ₹50 lakh, where business or professional income is computed on a presumptive basis under section 44AD, 44ADA or 44AE, together with the permitted categories of income specified by the form.
Permitted Income Categories
- Presumptive business income under section 44AD
- Presumptive professional income under section 44ADA
- Specified goods-carriage income under section 44AE
- Salary / pension income
- Eligible house-property income
- Interest, family pension and permitted other-source income
- Agricultural income up to ₹5,000
- Section 112A long-term capital gain up to ₹1.25 lakh
Eligibility Check Before Filing
- Residential status
- Total-income ceiling
- Nature of business / profession
- Presumptive section used
- Capital-gain position
- Foreign asset / income position
- Directorship / unlisted-equity status
- Loss and special-rate income position
ITR-4 Eligibility at a Glance
| Condition | AY 2026-27 ITR-4 Position | GSTBUY Check |
|---|---|---|
| Residential status | Resident Individual / Resident HUF / Resident Firm other than LLP, subject to the form conditions. | Confirm residential status before selecting ITR-4. |
| Total income | Not exceeding ₹50 lakh. | Check total income after considering all reportable sources. |
| Business / profession | Computed on presumptive basis under 44AD, 44ADA or 44AE. | Identify the correct presumptive section and applicable conditions. |
| Capital gains | Section 112A LTCG up to ₹1.25 lakh is permitted, subject to the complete conditions. | Check the nature and amount of capital gain. |
| Other income | Specified salary/pension, house-property, interest, family pension and other permitted categories. | Reconcile all permitted income with AIS and supporting records. |
Section 44AD — Presumptive Business Income
Section 44AD provides a presumptive taxation framework for eligible businesses. Instead of maintaining the detailed profit computation used in a regular business-income return, eligible taxpayers can declare business income according to the presumptive provisions and the applicable turnover / gross-receipt and payment conditions.
The exact percentage, turnover limits and conditions must be checked under the law applicable to the relevant Assessment Year. GSTBUY's role is to review the taxpayer's facts and help identify the applicable reporting route rather than applying a presumptive percentage without checking eligibility.
Section 44ADA — Presumptive Professional Income
Section 44ADA provides presumptive taxation for eligible professions, subject to the statutory conditions. Professional receipts should be compiled accurately and the taxpayer should confirm that the profession and the relevant receipt limits satisfy the applicable provisions.
Section 44AE — Goods Carriage Business
Section 44AE provides a presumptive framework for eligible persons carrying on the business of plying, hiring or leasing goods carriages, subject to the statutory conditions. The return requires the applicable vehicle-related information and presumptive computation required by the current form.
ITR-4 vs ITR-3 — Which Form?
ITR-4 is a simplified optional return for eligible taxpayers using presumptive taxation. ITR-3 is generally the more comprehensive business/profession return when ITR-4 is not available or not appropriate. Choosing ITR-4 only because a taxpayer has a small business is not sufficient; every exclusion and eligibility condition must be checked.
| Review Point | ITR-4 (Sugam) | ITR-3 |
|---|---|---|
| Business / profession | Presumptive income under eligible 44AD / 44ADA / 44AE provisions. | Business or professional income where ITR-4 is not appropriate or available. |
| Total income | Up to ₹50 lakh, subject to all other conditions. | No ITR-4-style ₹50 lakh ceiling for form selection; broader eligibility applies. |
| Complexity | Simplified presumptive reporting. | Broader schedules and financial reporting may apply. |
| Choice | Optional if eligible. | Applicable where the taxpayer is outside ITR-4 eligibility and has relevant business/profession income. |
Who Cannot File ITR-4?
The Income Tax Department's current AY 2026-27 guidance lists several situations in which ITR-4 cannot be used. These exclusions are important because a taxpayer may otherwise appear to satisfy the basic ₹50 lakh and presumptive-income conditions.
Salary, Pension & House Property With ITR-4
Eligible taxpayers can report permitted salary/pension and house-property income in addition to presumptive business or professional income. For AY 2026-27, the Department's ITR-4 guidance allows income from two house properties, subject to the complete form conditions.
| Income Area | Permitted Position | GSTBUY Review |
|---|---|---|
| Salary / Pension | Permitted subject to the form's complete conditions. | Reconcile Form 16 / pension information with AIS and Form 26AS. |
| House Property | Income from up to two house properties under AY 2026-27 eligibility. | Review property ownership, rent and applicable interest information. |
| Agricultural Income | Up to ₹5,000. | Confirm amount and disclosure requirements. |
| Other Sources | Specified interest, family pension and other permitted categories. | Reconcile bank statements and AIS. |
| 112A LTCG | Up to ₹1.25 lakh, subject to the complete eligibility conditions. | Review transaction statements and capital-gain amount before choosing ITR-4. |
Section 112A Long-Term Capital Gain
For AY 2026-27, ITR-4 permits section 112A long-term capital gain up to ₹1.25 lakh, subject to the form's other eligibility conditions. This does not mean that all capital gains can be reported through ITR-4. In particular, the Department's current guidance identifies short-term capital gains as an exclusion.
Other Sources of Income
ITR-4 permits specified other-source income, including interest from savings accounts, deposits with banks / post offices / cooperative societies, interest on income-tax refunds, family pension and other permitted interest income. Lottery winnings and racehorse income are excluded.
Agricultural Income
For AY 2026-27, agricultural income up to ₹5,000 is permitted in ITR-4, subject to the other eligibility conditions. Agricultural income above the permitted limit is an exclusion and can require a different return form.
Turnover / Gross Receipts & Presumptive Income Review
Presumptive filing does not remove the need for accurate turnover or gross-receipt information. The taxpayer should identify the relevant receipts, applicable presumptive section and the statutory conditions before entering the presumptive income in ITR-4.
| Review Area | What to Check | GSTBUY Support |
|---|---|---|
| Business receipts | Sales / turnover and other eligible business receipts. | Reconcile with bank records, invoices, GST records where relevant and AIS. |
| Professional receipts | Gross professional receipts under the applicable 44ADA conditions. | Review invoices, receipts, bank credits and TDS information. |
| Goods carriage | Vehicle-related details relevant to section 44AE. | Review vehicle records and the applicable presumptive computation. |
| Presumptive income | Income determined under the applicable section and statutory rules. | Check section eligibility and current-year utility calculations. |
AIS, Form 26AS & Tax Credit Reconciliation
Even though ITR-4 is a simplified return, tax information should still be reconciled. Form 26AS and AIS can contain TDS/TCS, interest, income and other transaction information that should be compared with the taxpayer's records before final filing.
GSTBUY Review
- Business / professional receipts
- Form 16 salary / pension information
- TDS and TCS credits
- Bank interest and other-source income
- Capital-gain information where applicable
- Advance-tax / self-assessment tax challans
If a Difference Appears
- Identify the reporting source.
- Compare AIS / 26AS with actual records.
- Check employer / deductor / bank reporting.
- Resolve material mismatches before submission.
Old Tax Regime vs New Tax Regime
The applicable tax regime should be reviewed using the current AY 2026-27 rules and the taxpayer's actual income and eligible deductions. For business and professional taxpayers, the regime-selection requirements should be checked carefully before filing.
| Review Point | New Tax Regime | Old Tax Regime |
|---|---|---|
| Tax calculation | Apply the current AY 2026-27 new-regime provisions. | Apply the applicable old-regime provisions where the taxpayer is eligible. |
| Deductions | Only deductions permitted under the new regime should be considered. | More deductions / exemptions may be available subject to the law. |
| Business / profession | Review the applicable option and tax computation requirements for the presumptive taxpayer. | Review the applicable old-regime computation and eligible deductions. |
| Decision | Compare the taxpayer's actual income, eligible deductions and final tax before confirming the regime. | |
Documents & Information Required for ITR-4
ITR-4 is simplified, but accurate source information is still necessary. GSTBUY recommends keeping the following records ready according to the taxpayer's actual income sources and presumptive business/profession.
AY 2026-27 — Current ITR-4 Utility & Portal Status
The Income Tax Department's current AY 2026-27 downloads page lists ITR-4 for eligible Individuals, HUFs and Firms other than LLPs using presumptive taxation under sections 44AD, 44ADA or 44AE. The current ITR-4 Excel utility is listed as version 1.2, with the latest release dated 1 September 2026. The Department also states that ITR-4 for AY 2026-27 is available for filing through online and offline utilities.
ITR-4 Filing Process Through the Income Tax Portal
Official Portal Workflow — Step by Step
The Income Tax e-Filing workflow requires the taxpayer to log in, select the applicable Assessment Year and return-filing service, choose the taxpayer status and ITR-4, review pre-filled information, complete the required fields, validate the return, preview it, submit it and complete verification. Portal screens and utilities can change as the Department updates the filing system.
Tax Computation, TDS, TCS & Refund
After the presumptive income and other permitted income are entered, the return calculates the overall tax position after applicable deductions, rebate, TDS/TCS, advance tax, self-assessment tax, interest and other relevant amounts.
Validation, Preview & e-Verification
Before submission, GSTBUY recommends checking all income sources, presumptive computations, tax credits, personal details and bank information. The current utility or portal should be used to validate the return, resolve errors, preview the final data and complete the prescribed verification.
PAN, Aadhaar & Bank Account Checks
Common ITR-4 Filing Errors to Avoid
GSTBUY ITR-4 Return Filing Service
GSTBUY provides structured ITR-4 return-preparation and filing support for eligible presumptive taxpayers. The workflow focuses first on eligibility, then on presumptive income, permitted additional income, tax credits, tax computation and final portal verification.
Our Review Includes
- ITR-4 eligibility screening
- 44AD / 44ADA / 44AE review
- Turnover / gross-receipt reconciliation
- Salary / pension and property-income review
- Section 112A capital-gain eligibility check
- AIS / Form 26AS reconciliation
- Tax-regime and tax-computation review
- Validation and e-Verification guidance
Suitable For
- Eligible resident individual businesses
- Eligible resident professionals
- Eligible HUFs
- Eligible resident firms other than LLPs
- Taxpayers using 44AD / 44ADA / 44AE
- Taxpayers who satisfy all ITR-4 conditions
Frequently Asked Questions
What is ITR-4 (Sugam)?
ITR-4 is a simplified optional income-tax return for eligible Resident Individuals, HUFs and Resident Firms other than LLPs having eligible presumptive business or professional income under sections 44AD, 44ADA or 44AE and satisfying the other prescribed conditions.
What is the income limit for ITR-4 for AY 2026-27?
The current Income Tax Department guidance states that total income must not exceed ₹50 lakh, together with the other ITR-4 eligibility conditions.
Who can use ITR-4?
Eligible Resident Individuals, Resident HUFs and Resident Firms other than LLPs can use ITR-4 when business or professional income is computed under the eligible presumptive provisions and all other conditions are satisfied.
Is ITR-4 mandatory?
No. The Income Tax Department describes ITR-4 as an optional simplified return for an assessee who is eligible to declare business or professional income on a presumptive basis under sections 44AD, 44ADA or 44AE.
Can ITR-4 be used for salary income?
Yes. Eligible taxpayers can report salary or pension income along with qualifying presumptive business or professional income, subject to the complete ITR-4 conditions.
Can ITR-4 include house-property income?
Yes. For AY 2026-27, the Department's current guidance permits income from up to two house properties, subject to the other eligibility conditions.
Can ITR-4 include capital gains?
Only the permitted section 112A long-term capital gain up to ₹1.25 lakh can fall within ITR-4 eligibility, subject to all conditions. Short-term capital gains are an exclusion.
Can a person with foreign income file ITR-4?
No. The current Department guidance lists income from a source outside India, foreign assets / financial interests and signing authority in a foreign account among the circumstances that can make ITR-4 unavailable.
What is the difference between ITR-3 and ITR-4?
ITR-4 is a simplified optional presumptive return for eligible taxpayers. ITR-3 is the broader business/profession return and is generally relevant where ITR-4 is not available or appropriate.
Should I check AIS and Form 26AS?
Yes. GSTBUY recommends reconciling TDS/TCS, interest, reported income and tax payments with AIS, Form 26AS and the taxpayer's supporting records before filing.
Is ITR-4 available online for AY 2026-27?
Yes. The Income Tax Department currently states that ITR-1 through ITR-7 for AY 2026-27 are available for filing through online and offline utilities.
Can GSTBUY guarantee a refund?
No. GSTBUY can provide return-preparation and filing support, but refund eligibility, processing and final determination remain with the Income Tax Department.
Need Help With ITR-4 Return Filing?
Share your presumptive business or professional income details and relevant tax documents with GSTBUY for eligibility review, reconciliation, tax computation and filing-support assistance.
Start ITR-4 Return Filing →Information on this page is prepared with reference to current Income Tax Department / e-Filing portal guidance for AY 2026-27. Tax rules, forms, utilities, eligibility and portal workflows can change; the applicable Assessment Year requirements should be checked before filing.