ITR for Professionals/ Freelancers
ITR-4 (Sugam) · Section 44ADA presumptive profession (specified professions notified u/s 44AA(1))
Assisted filing where professional income is offered under section 44ADA (typically 50% of gross receipts) on ITR-4 for resident individuals and registered partnership firms (other than LLP), in line with the Income-tax portal’s ITR-4 eligibility for the assessment year (we do not offer ITR-5). 44ADA gross-receipts threshold: ₹75 lakh if cash receipts do not exceed 5% of total receipts, otherwise ₹50 lakh. Your total income and sources must remain within ITR-4 conditions for that year (e.g. total income up to ₹50 lakh, salary/pension, one house property, permitted other sources, LTCG u/s 112A within prescribed limit, agricultural income up to ₹5,000, and you are not a director, RNOR/NRI, etc., per the e-filing ITR-4 FAQ). Partnership firms that cannot use ITR-4 must generally file ITR-5 — that is outside our product scope.
Inclusions
- Professional income under section 44ADA (presumptive profit at the applicable rate on gross receipts — no separate business-expense schedule under presumption; Chapter VI-A and ITR-4 schedules as applicable)
- Gross receipts and cash vs digital receipt checks against 44ADA limits
- Salary, pension, one house property, and other sources permitted under ITR-4 for the year, as declared
- Agricultural income up to ₹5,000 as allowed in ITR-4
- Reconciliation with Form 16, Form 26AS, AIS, and TIS where in scope
- Guidance on regime selection where business income exists (Form 10-IEA rules apply for old vs new regime — see portal FAQ)
Exclusions
- Gross receipts above ₹75 lakh (if aggregate cash receipts exceed 5% of gross receipts) or above ₹50 lakh otherwise — choose ITR for professionals (not under presumptive taxation)
- Specified profession not notified / income outside 44ADA
- Cases that cannot file ITR-4: total income above ₹50 lakh; RNOR/NRI; more than one house property; STCG; LTCG u/s 112A above portal limit; agricultural income above ₹5,000; director; unlisted equity shares; income u/s 115BBDA/115BBE; lottery/race horses; deferred ESOP tax; and other ITR-4 exclusions in the e-filing FAQ
- Capital gains (except limits allowed in ITR-4), trading (F&O / intraday) as primary complexity — choose ITR for Capital Gains or ITR for Traders
- Normal provisions with full books — ITR for professionals (not under presumptive taxation)
Recommended For
- Professionals
- Freelancers
- Tutors
- Other notified professionals under Section 44ADA
Not Recommended For
- Outside 44ADA receipt thresholds or voluntarily declaring below 50% of receipts with books — ITR for professionals (not under presumptive taxation)
- Any fact pattern failing ITR-4 or 44ADA eligibility for the relevant AY
- LLP or registered partnership firm required to file ITR-5 — not offered here; confirm entity type before purchase
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
- Form 16 from employer (if applicable)
- Form 26AS
- AIS Statement
- Bank statements
- Professional income details
- Professional tax receipts
- Rent receipts (if applicable)
- Investment proofs for tax savings
- Gross receipts details
- Detailed expense ledgers only if you are moving off 44ADA presumption (use ITR for professionals (not under presumptive taxation) instead)
Time Estimate
4-5 business days after document submission
Remarks
- Presumptive tax under 44ADA: advance tax may be due in full by 15 March for that income (portal FAQ). Regime change for business income: Form 10-IEA before due date of ITR u/s 139(1) if opting old regime; business assessees cannot switch regimes every year (FAQ).
- Tax audit (e.g. gross receipts above ₹50 lakh in profession) is not included in plan price. If you are not eligible for 44ADA or ITR-4, choose ITR for professionals (not under presumptive taxation).