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ITR-4 · Sugam · AY 2026-27

ITR-4 Sugam: presumptive income, no books

Declare a percentage of your turnover as income and be done with the accounts. For a resident individual, HUF or firm other than an LLP, with presumptive income and total income up to ₹50,00,000.

6% on digital receipts, 8% on the rest for a business; 50% of receipts for a profession; a flat monthly figure per goods carriage.

Who files ITR-4

ITR-4 is available to a resident individual, HUF, or firm other than an LLP, declaring income presumptively:

  • Section 44AD — business. 6% of receipts taken digitally and 8% of the rest, declared as income. Available up to a turnover of ₹3 crore where cash receipts are within 5% of the total, and ₹2 crore otherwise.
  • Section 44ADA — profession. 50% of gross receipts, for the specified professions: medicine, law, engineering, architecture, accountancy, technical consultancy and interior decoration. Available up to ₹75 lakh of receipts where cash receipts are within 5%, and ₹50 lakh otherwise.
  • Section 44AE — goods carriages. ₹1,000 per tonne per month for a vehicle over 12 tonnes, ₹7,500 per month otherwise, for up to ten vehicles held at any time in the year.
  • Alongside the presumptive income: salary or pension, one house property, and other sources.
  • Long-term capital gain u/s 112A up to ₹1,25,000, under the same block the Sahaj carries (D20(a) on the Sugam).
  • Total income not exceeding ₹50,00,000.

Declaring presumptively means you do not maintain books for that business and are not required to have them audited — as long as you keep declaring at or above the presumptive rate.

Presumptive is a floor, not a ceiling

The percentages are minimums. If your actual profit is higher, the actual profit is what you declare. Declaring below the presumptive rate is what triggers books and audit — and a five-year lock out of 44AD.

When ITR-4 becomes ITR-3

Presumptive income alone is not enough. Any one of these eight takes the Sugam away.

If this is true for youWhich form instead
You have capital gains in the same year, beyond the 112A allowance the form carriesITR-3
You hold foreign assets or have foreign incomeITR-3
You are a director in a companyITR-3
Gross receipts exceed the threshold — ₹3 crore for 44AD, ₹75 lakh for 44ADAITR-3
You are a Non-Resident or RNORITR-3
Total income exceeds ₹50,00,000ITR-3
You held unlisted equity shares during the yearITR-3
You have brought-forward losses, or a current-year capital or business lossITR-3

These are the checks BharatTax itself runs. The product applies the same rules to your figures as you enter them and moves you to the right form before you file — it does not let you submit a return on a form you are not eligible for.

What ITR-4 asks for

The Sugam is short by design: no balance sheet, no profit and loss, four financial particulars and the income.

ScheduleWhat it carries
Part A – GeneralIdentity, address, nature of business with the CBDT business code, and the section being filed under.
Schedule BPThe presumptive computation itself: turnover split between digital and other receipts, the rate applied, and the income declared under 44AD, 44ADA or 44AE.
Financial particularsFour figures as at 31 March — sundry debtors, sundry creditors, inventory and cash balance. Not a balance sheet.
Part B – Gross total incomePresumptive business income, salary, the one house property and other sources.
Part C – DeductionsChapter VI-A, gated by regime.
Part D – Tax computationSlab tax, rebate u/s 87A, surcharge, cess, interest u/s 234A/B/C and the fee u/s 234F.
Schedule IT / TDS / TCSAdvance tax and self-assessment challans, TDS on salary and on other income, and TCS.

Key dates for AY 2026-27

Assessment year 2026-27 covers the income you earned in the previous year 2025-26 — 1 April 2025 to 31 March 2026.

1 April 2026Filing opens for AY 2026-27
31 August 2026Due date u/s 139(1)
31 December 2026Belated return u/s 139(4)
31 December 2026Revised return u/s 139(5)

A return filed after the due date attracts a late fee u/s 234F and interest u/s 234A, and losses other than house-property loss can no longer be carried forward. BharatTax computes 234A, 234B and 234C on the return itself, so the figure you see is the figure you pay.

How BharatTax prepares your ITR-4

The whole point of the Sugam is that there is little to prepare. What there is, BharatTax computes.

Enter the turnover

Split between receipts through banking channels and the rest — the split is what decides whether 6% or 8% applies, and whether your ceiling is ₹3 crore or ₹2 crore.

Add the rest of your income

Salary from Form 16, the house property, interest from your 26AS and AIS. The presumptive business sits alongside them.

Check advance tax

Presumptive filers pay advance tax in a single instalment by 15 March. BharatTax computes interest u/s 234B and 234C on what was actually paid and when.

Compare and file

Both regimes computed, a computation of income PDF, and the ITD JSON. Every download is checked against the CBDT’s own published schema file for ITR-4 before it reaches you, so a return the portal would reject is caught here instead.

ITR-4 — common questions

Can a limited liability partnership file ITR-4?
No. Section 44AD is not available to an LLP. A firm other than an LLP can use ITR-4; an LLP files ITR-5.
I am a doctor with ₹90 lakh of receipts. Can I use 44ADA?
No. The 44ADA ceiling is ₹75 lakh of gross receipts, and that higher limit itself depends on cash receipts staying within 5% of the total; otherwise it is ₹50 lakh. Above the ceiling you compute actual income and file ITR-3.
What is the difference between the 6% and 8% rates?
Under 44AD, 6% applies to turnover received through a banking channel or other prescribed electronic mode, and 8% to the rest. The split is on receipts, so the same sale can fall on either side depending on how it was paid for.
Do I have to keep books if I file ITR-4?
Not for the presumptive business, as long as you declare at or above the presumptive rate. Declare below it and the exemption from books and audit falls away.
I sold some shares this year and I have presumptive income. Which form?
If the gain is long-term u/s 112A and within ₹1,25,000 with no capital loss to carry, the Sugam still holds. Anything beyond that and capital gains force ITR-3 — presumptive income and capital gains do not sit together on ITR-4.

Presumptive income, filed in an evening

Turnover in, the rate applied, the rest of your income alongside it, and both regimes compared before you file.

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