ITR-4 (Sugam): Definition, Meaning & Guide for Indian Businesses

ITR-4 (Sugam) is for individuals, HUFs, and firms (other than LLPs) with presumptive business or professional income under Sections 44AD, 44ADA, or 44AE.

What is ITR-4 (Sugam)?

ITR-4 (Sugam) is for individuals, HUFs, and firms (other than LLPs) with income from business or profession computed on a presumptive basis under Section 44AD (small businesses, 8% / 6%), Section 44ADA (professionals, 50% of gross receipts up to 50 lakh), or Section 44AE (transport business). Total income limit: 50 lakh. Due date: 31 July following the financial year.