ITR-4 (Sugam)
For resident individuals, HUFs, and firms (other than LLPs) with presumptive business or professional income under Sections 44AD, 44ADA, or 44AE, plus limited other income.
Who files it
Small businesses and specified professionals using presumptive taxation, with total income up to ₹50 lakh and no more than one house property.
Frequency
Annual
Due date
31 July, after the financial year ends (non-audit cases)
Filed with
Income Tax e-filing portal
ITR-4 trades detail for simplicity, matching the presumptive taxation scheme it is built for: you declare a percentage of turnover or receipts as profit rather than reporting a full profit and loss account, so the form itself asks for far less financial detail than ITR-3.
The moment income exceeds the threshold, capital gains appear, or eligibility for presumptive taxation is lost for any reason, the filer moves to ITR-3 instead, even if the underlying business is unchanged.
This is a quick-reference summary, not a filing walkthrough. Due dates shown are the statutory defaults and can be extended in practice; applicability depends on your specific registration, turnover, and entity type. For general informational purposes only, not professional tax or legal advice.