1 天前 · Individuals who are drawing a salary as well as earning additional income from freelancing activities or part-time business also can file ITR-4 Form. What is the ITR-4? ITR-4 is the Income Tax Return form for taxpayers who opt for a presumptive income scheme under Section 44AD, Section 44ADA and Section 44AE of the Income-tax Act,1961.

ITR-4 can be filed by a Resident Individual / HUF / Firm (other than LLP) who has: Income not exceeding ₹50 Lakh during the FY Income from Business and Profession which is computed on a presumptive basis u/s 44AD, 44ADA or 44AE

2024年6月7日 · Taxpayers who have opted for presumptive taxation under Section 44AD, 44ADA or 44AE are required to file ITR-4. ITR-3 can be filed even by the individual who are eligible to file under ITR-4.

The pre-filling and filing of ITR-4 service is available to registered users on the e-Filing portal and through accessing the offline utility. This service enables individual taxpayers, HUFs, and firms (other than LLPs) to file ITR-4 online through the e-Filing portal. This user manual covers the process for filing ITR-4 through the online mode. 2.

2024年5月13日 · The article explains differences between ITR-1 and ITR-4 forms, highlighting eligibility and ineligibility criteria. Filing ITR is crucial for nation-building, loan processing, loss carry forwards, and TDS claims. Due dates, form-specific requirements, and key distinctions between ITR-1 and ITR-4 are discussed.

2025年2月3日 · Find out what is ITR-4, how to fill and file it online, and who are eligible to file the ITR-4 form. CBDT has issued excel utility for Indian Income Tax Return Form ITR 4- Sugam on 09.04.2019. Know who can file and the step by step process of filing ITR 4.

Income Tax return ITR 4 for salaried employees, also known as Sugam, is an Income Tax Return form in India specifically designed for individuals, Hindu Undivided Families (HUFs), and partnership firms (excluding Limited Liability Partnerships) who meet certain criteria.

Form ITR‐4 (Sugam) is a simplified return form to be used by an assessee, at his option, if he is eligible to declare profits and gains from business and profession on presumptive basis

ITR 4 is the form for individuals who choose a presumptive income scheme under Sections 44AD, Section 44ADA, and Section 44AE of the Income Tax Act. However, the taxpayer must submit an ITR-3 if the business's annual revenue is higher than Rs.2 crore. Budget 2023 Update.

2024年4月2日 · What is ITR 4? Income Tax Return Form 4, which also called SUGAM, is filed by the taxpayers who have opted for presumptive taxation scheme under section 44AD, section 44DA and section 44AE of the Income Tax Act, 1961. ITR 4 can be filed by individuals, HUF as well as a partnership firm.