Simplified Income Tax Return filing for small businesses, freelancers, and professionals under presumptive taxation. Vaidam Consultancy provides expert CA-assisted filing for AY 2026-27 (FY 2025-26), ensuring complete compliance with new mandatory disclosures – investments and bank balances – introduced by CBDT for presumptive taxpayers.
ITR-4 (Sugam) is a simplified Income Tax Return form designed for resident individuals, Hindu Undivided Families (HUFs), and partnership firms (other than LLPs) who have opted for the presumptive taxation scheme under Sections 44AD, 44ADA, or 44AE of the Income Tax Act. It eliminates the need to maintain detailed books of accounts and undergo tax audits, making tax compliance hassle-free for small businesses, freelancers, consultants, and transport operators. For AY 2026-27 (FY 2025-26), ITR-4 incorporates several important updates, including mandatory disclosure of investments and bank balances, in line with the government's push for financial transparency.
Sugam (Easy) – File Your Presumptive Taxes with Confidence
You can file ITR-4 only if you meet all the following conditions:
If any of the above conditions are not met, you must file ITR-2, ITR-3, or ITR-5 as applicable.
Small Businesses | Freelancers | Professionals | Transport Operators
The presumptive taxation scheme allows small taxpayers to declare income as a fixed percentage of their turnover/gross receipts, without maintaining regular books of accounts[reference:6].
To encourage digital payments, the government has increased turnover limits for taxpayers who primarily use digital modes for receipts[reference:13][reference:14].
If you exceed the enhanced digital limits, you may still be eligible for presumptive taxation at reduced rates subject to meeting the cash receipt threshold.
Digital-First Businesses Enjoy Higher Limits & Lower Tax
Compare eligibility, limits, and tax rates for AY 2026-27
CBDT has introduced several compliance changes for small taxpayers under presumptive taxation[reference:20].
Ensure consistency between declared presumptive income and banking/financial transactions to avoid scrutiny[reference:23].
Financial Transparency Starts with Correct Disclosures
Simplified Document Checklist – We'll Guide You
Average Turnaround: 3–5 working days for most ITR-4 filings.
Documentation → Computation → Disclosures → Filing → Verification
Meet the Deadline, Avoid Penalties, Choose the Right Regime
Specialized expertise in presumptive taxation compliance
Deep understanding of Sections 44AD, 44ADA, and 44AE, including enhanced limits for digital transactions.
We help you leverage reduced 6% presumptive rate by highlighting digital receipts and meeting cash receipt thresholds.
Expert guidance on mandatory investment and bank balance disclosures under the revised ITR-4 form for AY 2026-27.
We compute tax liability under both New vs Old tax regimes and help you choose the optimal one.
Assistance with Form 10-IEA (if opting for old regime), advance tax calculations, and post-filing support.
99% acceptance rate for ITR-4 filings. No hidden charges.
For small businesses and professionals with presumptive income, one house property, salary income
For taxpayers with multiple incomes (business + salary + house property + LTCG) and mandatory investment/balance disclosures
Filing for earlier years or missed deadlines
*GST extra as applicable. Special discounts for multiple entities.
Expert-assisted filing for all Income Tax Return forms
Don't miss the extended due date. Let our expert CAs handle your presumptive taxation filing, new mandatory disclosures, and tax regime selection. Get maximum compliance with minimal effort.