ITR-4 (SUGAM) Form

ITR -4 is for Resident Individuals, HUFs & Firms (other than LLP) who have opted for Presumptive Taxation Scheme u/s 44AD, 44ADA & 44AE.

ITR 4 ELIGIBILITY:

£        Individuals, HUFs & Non-LLP Firms having Business Income or opted for Presumptive Taxation Scheme under section 44AD, 44ADA and 44AE,

£      Includes Salaried income, One House Property Income, Other Sources Income,

£        Gross Turnover is up to ₹ 2 Crore,

£      Income of Individuals, HUFs & Non-LLP Firms having income up to ₹ 50 Lakhs.