ITR-4 Return Filing
For resident Individuals, HUFs, and Firms (other than LLPs) having income up to ₹50 lakh from business or profession under the presumptive taxation scheme (Sections 44AD, 44ADA, & 44AE).
Not applicable for those with capital gains, foreign income/assets, more than one property, or regular business books of accounts.
Simple, Transparent ITR Filing Pricing
Apply for your ITR Filing online with expert assistance and complete end-to-end tracking.
Personal
For resident salaried/pension earners with total income up to ₹50 lakh, one house...
- ✓ Income Tax computation
- ✓ Tax Consultation
- ✓ E Filing
Business
For individuals/HUFs whose income includes business or professional profits...
- ✓ Income Tax computation
- ✓ Tax Consultation
- ✓ E Filing
- ✓ Platform
Not for Profit
For all companies except those claiming charitable or religious exemption...
- ✓ Income Tax computation
- ✓ Tax Consultation
- ✓ E Filing
- ✓ Accounting Software
- ✓ MCA Compliance
ITR-4 Filing
ITR-4 is designed for resident Individuals, HUFs, and Firms (excluding LLPs) opting for the Presumptive Income Scheme under Sections 44AD, 44ADA, or 44AE. It is used when the total income is up to ₹50 lakh from eligible business or professional sources without maintaining detailed books of accounts.
GST Shine provides expert guidance for ITR-4 filing, helping small businesses, freelancers, and professionals file efficiently without complications. Our team ensures accurate calculation of presumptive profits, tax liability, and compliance with Income Tax norms.
Who Can File ITR-4?
- Resident Individuals, HUFs, and Firms (except LLPs)
- Income from business under Section 44AD (turnover up to ₹2 crore)
- Income from profession under Section 44ADA (receipts up to ₹50 lakh)
- Income from goods carriage business under Section 44AE
- Income from salary/pension
- Income from one house property
- Income from other sources (excluding lottery/racehorse)
Who Cannot File ITR-4?
- Income over ₹50 lakh
- More than one house property
- Capital gains income
- Foreign assets or foreign income
- Regular books of accounts mandatory
- Holding directorship in a company or investing in unlisted shares
- LLPs cannot file ITR-4
ITR-4 Due Date
The due date for filing ITR-4 is July 31st each financial year for taxpayers not requiring an audit. Filing before the deadline helps avoid penalties and ensures timely processing.