ITR for Proprietors & Firms (ITR-4 only)

ITR-4 (Sugam) · Section 44AD (business) and, where applicable, section 44AE (goods carriages — same retail plan)

Assisted filing for resident individuals, HUFs, and registered partnership firms (other than LLP) when business income is on presumptive basis under section 44AD (6% / 8% of turnover as per law) and/or under section 44AE for plying, hiring or leasing goods carriages (not more than ten carriages) — all filed as ITR-4 (we do not offer ITR-5). 44AD turnover limits: ₹3 crore if digital (non-cash) receipts are at least 95% of gross receipts; ₹2 crore otherwise. Section 44AD does not apply to the goods-carriage business (that uses 44AE) and is not for agency business or commission/brokerage income in the manner described in the Act; such cases may need ITR for business (not under presumptive taxation). Partnership firms that cannot use ITR-4 must generally file ITR-5 — that return is outside our product scope. Total income and heads must fit ITR-4 (e.g. total income up to ₹50 lakh, one house property, permitted other sources — see e-filing ITR-4 FAQ for the year).

Inclusions

Business income under section 44AD at deemed profit rates (8% / 6% as applicable) or under section 44AE for eligible goods-carriage businesses (per prescribed rates / vehicle limits — not more than ten carriages)
Turnover / gross receipts reconciliation and GST summary where useful for 44AD scope
Salary, pension, one house property, and other sources allowed under ITR-4 for the year
Agricultural income up to ₹5,000 as permitted in ITR-4
Chapter VI-A and remaining ITR-4 schedules per your declarations (presumptive schemes treat business expenses as deemed covered except as per law and Chapter VI-A)
Form 10-IEA guidance where old vs new tax regime is relevant for business income (FAQ)

Exclusions

Gross receipts/turnover above section 44AD limits for your receipt mix (₹2 crore unless non-cash receipts ≥95% of total receipts, then ₹3 crore) — ITR for business (not under presumptive taxation)
Agency business; commission or brokerage income (e.g. insurance agent) ineligible for 44AD — ITR for business (not under presumptive taxation) if you are an individual/HUF with books
Goods-carriage activity: cannot use 44AD for that activity; 44AE applies instead (included in this plan when ITR-4 and 44AE conditions are met)
Persons required to maintain books u/s 44AA(1) and not eligible for presumption — ITR for business (not under presumptive taxation)
ITR-4 ineligible profiles: income above ₹50 lakh; RNOR/NRI; STCG; LTCG u/s 112A above limit; multi house property; director; unlisted shares; etc. (e-filing FAQ)
Trading / F&O primary — ITR for Traders

Recommended For

Small business owners and retailers (sole proprietors)
Registered partnership firms (other than LLP) that qualify for ITR-4 Sugam

Not Recommended For

Outside 44AD / 44AE thresholds or ineligible business type — ITR for business (not under presumptive taxation)
LLPs; companies (ITR-6); and any person required to file ITR-5 — those returns are not offered here
Facts failing ITR-4 eligibility for the relevant AY

How It Works

Share your details and upload documents
Our expert prepares your tax return
Review and approve your return
We file your return and help with e-verification
Get ITR-V after e-filing
Post-filing support available

Documents Required

PAN; Aadhaar for e-filing
Form 16 (if salary income)
Form 26AS; AIS; TIS as needed
Bank statements for business and personal heads in scope
Turnover / gross receipts summary; GST GSTR summaries if registered
Section 44AE: details of goods carriages (not more than ten) and prescribed receipts per vehicle as per law
Partnership deed and partner particulars if a partnership firm (other than LLP) files ITR-4
Rent receipts; investment proofs for Chapter VI-A
TDS and TCS certificates if applicable

Time Estimate

5-7 business days after document submission

Remarks

We do not list a separate plan for section 44AE alone: goods-carriage presumptive filing is handled here when your return remains ITR-4-eligible. Advance tax applies for 44AE as per FAQ. Regime switching: Form 10-IEA and lifetime regime-switch rules for business income per portal guidance.
If you need full books and normal profit (not 44AD/44AE presumption), choose ITR for business (not under presumptive taxation). Audit fees not included.