{"id":504,"date":"2025-05-21T17:25:16","date_gmt":"2025-05-21T11:55:16","guid":{"rendered":"https:\/\/vittsalah.com\/?p=504"},"modified":"2025-05-21T17:25:17","modified_gmt":"2025-05-21T11:55:17","slug":"complete-guide-to-itr-4-sugam-filing-for-fy-2024-25-ay-2025-26-4","status":"publish","type":"post","link":"https:\/\/vittsalah.com\/?p=504","title":{"rendered":"Complete Guide to ITR-4 (Sugam) Filing for FY 2024-25 (AY 2025-26)-4"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Who Should File ITR-4?<\/strong><\/h2>\n\n\n\n<p>ITR-4 is designed for&nbsp;<strong>small taxpayers<\/strong>&nbsp;opting for&nbsp;<strong>Presumptive Taxation Scheme<\/strong>&nbsp;under:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Section 44AD<\/strong>\u00a0(Business income)<\/li>\n\n\n\n<li><strong>Section 44ADA<\/strong>\u00a0(Professional income)<\/li>\n\n\n\n<li><strong>Section 44AE<\/strong>\u00a0(Freight operators)<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\u2705&nbsp;<strong>Eligible Taxpayers<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Individuals<\/li>\n\n\n\n<li>HUFs (Hindu Undivided Families)<\/li>\n\n\n\n<li>Partnership Firms (excluding LLPs)<\/li>\n\n\n\n<li>Professionals with income \u2264 \u20b950 lakhs<\/li>\n\n\n\n<li>Businesses with turnover \u2264 \u20b92 crores (\u20b93 crores if \u226595% digital transactions)<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\u274c&nbsp;<strong>Who Cannot File ITR-4?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Companies or LLPs<\/li>\n\n\n\n<li>Taxpayers with:\n<ul class=\"wp-block-list\">\n<li>Capital gains<\/li>\n\n\n\n<li>Multiple house properties<\/li>\n\n\n\n<li>Foreign income\/assets<\/li>\n\n\n\n<li>Income exceeding \u20b950 lakhs (for professionals) or \u20b92-3 crores (for businesses)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Documents Required<\/strong><\/h2>\n\n\n\n<p>\ud83d\udccc&nbsp;<strong>For Presumptive Income:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank statements<\/li>\n\n\n\n<li>Receipts\/payment proofs (if maintaining books)<\/li>\n\n\n\n<li>GST returns (if registered)<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udccc&nbsp;<strong>Common Documents:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Form 16 (if salary income exists)<\/li>\n\n\n\n<li>Interest certificates (FDs, savings accounts)<\/li>\n\n\n\n<li>Rent receipts (if applicable)<\/li>\n\n\n\n<li>Aadhaar-PAN link (mandatory)<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Step-by-Step Filing Process<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Login to Income Tax Portal<\/strong><\/h3>\n\n\n\n<p>Visit&nbsp;<strong><a href=\"https:\/\/www.incometax.gov.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">incometax.gov.in<\/a><\/strong>&nbsp;\u2192 Use&nbsp;<strong>PAN<\/strong>&nbsp;as User ID.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Select ITR-4 for AY 2025-26<\/strong><\/h3>\n\n\n\n<p>Navigate:<br><strong>e-File \u2192 Income Tax Return \u2192 File Now \u2192 AY 2025-26 \u2192 ITR-4 (Sugam)<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Fill Income Details<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Presumptive Income (Sec 44AD\/ADA\/AE):<\/strong>\u00a0Declare\u00a0<strong>8%<\/strong>\u00a0(6% for digital receipts) of turnover\/receipts.<\/li>\n\n\n\n<li><strong>Salary\/Pension:<\/strong>\u00a0From Form 16 (if applicable).<\/li>\n\n\n\n<li><strong>House Property:<\/strong>\u00a0Only\u00a0<strong>one<\/strong>\u00a0self-occupied or rented property allowed.<\/li>\n\n\n\n<li><strong>Other Income:<\/strong>\u00a0Interest, dividends, etc.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. Claim Deductions<\/strong><\/h3>\n\n\n\n<p>Enter eligible deductions under:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Section 80C<\/strong>\u00a0(PPF, ELSS, etc.)<\/li>\n\n\n\n<li><strong>Section 80D<\/strong>\u00a0(Health insurance)<\/li>\n\n\n\n<li><strong>Other applicable sections<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5. Verify Tax Payments<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Match\u00a0<strong>TDS<\/strong>\u00a0from\u00a0<strong>Form 26AS<\/strong>.<\/li>\n\n\n\n<li>Check\u00a0<strong>advance tax<\/strong>\u00a0payments (if made).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6. Submit &amp; E-Verify<\/strong><\/h3>\n\n\n\n<p>Mandatory&nbsp;<strong>e-verification<\/strong>&nbsp;via:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Aadhaar OTP<\/strong><\/li>\n\n\n\n<li><strong>Net Banking<\/strong><\/li>\n\n\n\n<li><strong>EVC (Electronic Verification Code)<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Changes for FY 2024-25 (AY 2025-26)<\/strong><\/h2>\n\n\n\n<p>\ud83d\udd39&nbsp;<strong>Higher Presumptive Limits:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Businesses:<\/strong>\u00a0\u20b93 crore (if \u226595% digital transactions)<\/li>\n\n\n\n<li><strong>Professionals:<\/strong>\u00a0\u20b975 lakh (proposed)<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udd39&nbsp;<strong>Mandatory GST Reconciliation<\/strong>&nbsp;(if GST-registered)<br>\ud83d\udd39&nbsp;<strong>Stricter Digital Transaction Reporting<\/strong><br>\ud83d\udd39&nbsp;<strong>New Tax Regime Default?<\/strong>&nbsp;(Opt-out if choosing old regime)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Filing Deadlines<\/strong><\/h2>\n\n\n\n<p>\ud83d\udcc5&nbsp;<strong>31st July 2025<\/strong>&nbsp;(Non-audit cases)<br>\ud83d\udcc5&nbsp;<strong>30th September 2025<\/strong>&nbsp;(Audit cases, if applicable)<br>\u26a0\ufe0f&nbsp;<strong>Late Fees:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b95,000 (if filed by Dec 31, 2025)<\/li>\n\n\n\n<li>\u20b910,000 (if filed later)<\/li>\n\n\n\n<li>\u20b91,000 (if income &lt; \u20b95 lakh)<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Common Mistakes to Avoid<\/strong><\/h2>\n\n\n\n<p>\u274c&nbsp;<strong>Not Maintaining Minimum Books<\/strong>&nbsp;(if turnover &gt; \u20b910 lakh)<br>\u274c&nbsp;<strong>Underreporting Digital Transactions<\/strong><br>\u274c&nbsp;<strong>Mismatch Between GST &amp; Income Tax Filings<\/strong><br>\u274c&nbsp;<strong>Missing E-Verification<\/strong>&nbsp;(Return invalid without it)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Professional Tips<\/strong><\/h2>\n\n\n\n<p>\u2714&nbsp;<strong>File Early<\/strong>&nbsp;(Avoid last-minute rush)<br>\u2714&nbsp;<strong>Reconcile GST Data<\/strong>&nbsp;(If registered)<br>\u2714&nbsp;<strong>Maintain Digital Payment Records<\/strong>&nbsp;(For higher presumptive limits)<br>\u2714&nbsp;<strong>Consult a CA<\/strong>&nbsp;if turnover crosses \u20b92-3 crore<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who Should File ITR-4? ITR-4 is designed for&nbsp;small taxpayers&nbsp;opting for&nbsp;Presumptive Taxation Scheme&nbsp;under: \u2705&nbsp;Eligible Taxpayers \u274c&nbsp;Who Cannot File ITR-4? Key Documents Required \ud83d\udccc&nbsp;For Presumptive Income: \ud83d\udccc&nbsp;Common Documents: Step-by-Step Filing Process 1. Login to Income Tax Portal Visit&nbsp;incometax.gov.in&nbsp;\u2192 Use&nbsp;PAN&nbsp;as User ID. 2. Select ITR-4 for AY 2025-26 Navigate:e-File \u2192 Income Tax Return \u2192 File Now \u2192 AY [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-504","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/vittsalah.com\/index.php?rest_route=\/wp\/v2\/posts\/504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vittsalah.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vittsalah.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vittsalah.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vittsalah.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=504"}],"version-history":[{"count":1,"href":"https:\/\/vittsalah.com\/index.php?rest_route=\/wp\/v2\/posts\/504\/revisions"}],"predecessor-version":[{"id":505,"href":"https:\/\/vittsalah.com\/index.php?rest_route=\/wp\/v2\/posts\/504\/revisions\/505"}],"wp:attachment":[{"href":"https:\/\/vittsalah.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vittsalah.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vittsalah.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}