ITR-4 (SUGAM) Filing Services
Presumptive Income Tax Return
Easy & Hassle-Free ITR-4 Filing
At Thrive Tax Solutions, we offer reliable ITR-4 (SUGAM) filing services for small businesses and professionals opting for the Presumptive Taxation Scheme. Our simplified process ensures quick filing, minimum documentation, and full compliance with income tax regulations.
If you want an easy way to file your business return without maintaining detailed books of accounts, ITR-4 is the right choice.
📘 What is ITR-4 (SUGAM)?
ITR-4, also known as SUGAM, is applicable to taxpayers opting for presumptive taxation under Sections 44AD, 44ADA, or 44AE, where income is calculated at a prescribed percentage of turnover or receipts.
👤 Who Should File ITR-4?
- Individual or HUF
- Partnership firm (other than LLP)
- Small business (44AD)
- Professionals (44ADA)
- Transport business (44AE)
- Opting for presumptive taxation
🚫 Who Should NOT File ITR-4?
- Capital gains income
- Foreign income / assets
- More than one house property
- LLP income
- Company director
- Unlisted equity shares
📅 Due Date
- 31 July (generally)
📌 Due dates are subject to extension by the Income Tax Department
⏰ Late Fees & Interest
- Late fee up to ₹5,000
- ₹1,000 if income ≤ ₹5 lakh
- 1% monthly interest (234A)
📂 Documents Required
- PAN & Aadhaar
- Bank details
- Form 26AS, AIS, TIS
- Turnover / receipts
- Bank statements
- GST (if applicable)
📊 Tax Audit Applicability
- ✔ No audit if presumptive followed
- ❌ Audit if income declared lower
📑 Sections Covered
- Personal & business info
- Presumptive income
- Other income
- Deductions & tax
- TDS / advance tax
- Verification
🛠 We Service Including
- ITR-4 filing
- Presumptive computation
- GST reconciliation
- Old vs New regime
- Belated & revised filing
- E-verification
- Refund tracking
⭐ Why Choose Thrive?
- Simplified process
- Minimum documentation
- Accurate calculation
- Timely compliance
- Personalized support