You can easily complete ITR-4 Return Filingfirm registration online through Compliance Gurukul. For a sole ITR-4 Return Filingregistration, only the PAN & Aadhaar card of the business owner is required. We can help you obtain the following registrations in less than 15 days:
Once, you have registered for the ITR-4 Return Filingfirm registration online on Compliance Gurukul, please follow the steps below and upload the following documents by logging into Compliance Gurukul Software.
The ITR-4 Form, commonly referred to as the Sugam form, is specifically designed for taxpayers who have opted for the presumptive income scheme outlined in Section 44AD, Section 44ADA, and Section 44AE of the Income Tax Act. It is mandatory for eligible taxpayers to complete and submit this form.
However, for businesses with an annual turnover exceeding Rs. 2 Crores, ITR-3 should be used. Additionally, depending on individual circumstances, ITR-5 may also be required. Compliance Gurukul offers expert assistance for the ITR 4 income tax filing. Contact our experts today to ensure a smooth and accurate filing process.
When Income is computed on a presumptive basis under sections 44AD, 44AE, or 44ADA, it is presumed to have been calculated after accounting for all allowances, depreciation, losses, or deductions as per the Income-tax Act. However, individuals incurring losses after applying the proviso to sub-section 3 of Section 44AE are required to file ITR-5.
If the taxpayer needs to combine the Income of another person, such as a spouse or minor child, with their own Income, the SUGAM form can only be used if the additional Income falls within the specified income categories mentioned above.