ITR-4 (Sugam) Filing Services for small businesses and professionals.
Simplified ITR-4 Sugam filing for small businesses, freelancers, and specified professionals opting for presumptive taxation under Sections 44AD, 44ADA, and 44AE — with complete AIS reconciliation, deduction optimisation, and advance tax computation by qualified Chartered Accountants.
ITR-4, known as Sugam, is designed to simplify income tax compliance for millions of small business owners and self-employed professionals across India. Under the presumptive taxation scheme, eligible taxpayers declare income at a statutory minimum percentage of turnover — eliminating the need for detailed books of accounts and making the return significantly simpler to file.
However, simple does not mean without risk. Declaring income below the presumptive rate, incorrectly computing turnover, or opting out of Section 44AD without understanding the five-year lock-out consequence can create compliance problems that last several assessment years. The old vs new tax regime choice — especially when Chapter VI-A deductions are significant — also demands careful computation before filing.
At NDS Advisors, we handle ITR-4 filing for shopkeepers, traders, doctors, architects, consultants, transport operators, and service providers across Mumbai and across India. Every engagement includes AIS and Form 26AS reconciliation, GST turnover cross-verification, advance tax position review, and a regime comparison — ensuring your ITR-4 is not just filed, but filed right.
What's Included in ITR-4 Filing
Section 44AD — Business Income
Presumptive income declaration for small businesses at 8% of turnover (6% for digital receipts) — with correct turnover computation and GST return cross-verification.
Section 44ADA — Professional Income
Presumptive income filing for specified professionals at 50% of gross receipts — covering doctors, lawyers, architects, engineers, consultants, and chartered accountants.
Section 44AE — Goods Transport
Presumptive income computation for goods transport operators — income presumed per vehicle per month, with correct vehicle count and ownership period verification.
Chapter VI-A Deductions
Identification and claim of all eligible deductions — 80C, 80D, 80G, 80TTA — under the old tax regime to reduce taxable income within presumptive filing.
Old vs New Regime Comparison
Side-by-side computation of tax under both regimes — recommending the regime with the lowest net tax liability for your income and deduction profile.
Advance Tax & AIS Reconciliation
Advance tax computation for the single 15 March instalment, TDS credit verification, and AIS/Form 26AS reconciliation before filing to prevent automated notices.
Our ITR-4 Filing Process
Turnover Verification
Cross-verification of business or professional turnover with GST returns, bank credits, and AIS data — ensuring the declared figure is defensible.
Scheme Eligibility Check
Confirming eligibility under Section 44AD, 44ADA, or 44AE — and checking the five-year opt-out rule before the presumptive scheme is applied.
Tax Computation & Regime Choice
Income computation, deduction review, advance tax position, and old vs new regime comparison — with a clear tax summary shared for approval.
ITR-4 Filing
Accurate preparation and filing of ITR-4 on the income tax portal — with all schedules populated, verified figures, and pre-filled AIS data corrected.
e-Verification & Acknowledgement
Instant e-verification via Aadhaar OTP or EVC — with ITR-V acknowledgement shared within 24 hours of filing.
Why Choose NDS Advisors for ITR-4
Frequently Asked Questions
ITR-4 is for resident individuals, HUFs, and firms (other than LLPs) with total income up to ₹50 lakh who opt for presumptive taxation under Section 44AD (small businesses up to ₹3 crore turnover), Section 44ADA (professionals up to ₹75 lakh gross receipts), or Section 44AE (goods transport operators). It can also include salary, one house property, and other sources income.
Under Section 44AD, eligible small businesses can declare income at a minimum of 8% of total turnover (6% for digital receipts) without maintaining detailed books of accounts. The scheme is available for businesses with turnover up to ₹3 crore where cash receipts do not exceed 5% of total receipts. This significantly reduces compliance burden for small business owners.
Section 44ADA is for specified professionals — doctors, lawyers, architects, accountants, engineers, interior designers, and authorised representatives — with gross receipts up to ₹75 lakh. Income is presumed to be 50% of gross receipts and no detailed books are required. This simplifies compliance for millions of self-employed professionals.
Yes. Even under presumptive taxation, Chapter VI-A deductions — 80C (up to ₹1.5 lakh), 80D (health insurance), 80G (donations), and 80TTA (savings interest) — are available under the old tax regime. However, no separate business expense deductions beyond the presumptive rate are allowed under 44AD or 44ADA.
If income declared is below 8% (or 6%) under 44AD or below 50% under 44ADA, and total income exceeds the basic exemption limit, a tax audit under Section 44AB becomes mandatory. Additionally, once you opt out of Section 44AD, you cannot re-enter the scheme for five assessment years. Careful planning before filing prevents these consequences.
No. A key benefit of presumptive taxation under Sections 44AD, 44ADA, and 44AE is that detailed books of accounts under Section 44AA are not required. However, basic records — bank statements, invoices, and receipts — should be maintained for GST compliance and in case of any income tax scrutiny or AIS mismatch.
Yes, but with a relaxation. Taxpayers under Section 44AD and 44ADA pay the entire advance tax liability in a single instalment by 15 March — instead of the regular four-instalment schedule. Failure to pay results in interest under Sections 234B and 234C on outstanding tax.
For ITR-4, you need your PAN, Aadhaar, Form 26AS and AIS, bank statements for the year, total turnover or gross receipts figure, GST return summary, TDS certificates, advance tax challans, and investment proofs for deductions. We share a simple, business-specific checklist at the start of the engagement.
Simplified Filing, Maximum Savings
Small business or professional — our CA team ensures your ITR-4 Sugam is filed accurately, with the right regime choice and every eligible deduction claimed.
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