Who Can File ITR-4 (Sugam) for AY 2026-27?
ITR-4 (Sugam) is an optional simplified return for eligible resident individuals, HUFs and resident firms other than LLPs whose business or professional income is computed on a presumptive basis under the specified provisions and who satisfy the form's other conditions.
Quick Answer
In practical terms, ITR-4 (Sugam) is an optional simplified return for eligible resident individuals, HUFs and resident firms other than LLPs whose business or professional income is computed on a presumptive basis under the specified provisions and who satisfy the form's other conditions.
Who can generally use ITR-4?
- Resident individual other than RNOR
- HUF meeting the conditions
- Resident firm other than LLP
- Total income within ₹50 lakh
- Presumptive business/professional income under 44AD, 44ADA or 44AE
Important exclusions
ITR-4 cannot be used in several cases, including where the taxpayer has short-term capital gains, section 112A LTCG above ₹1.25 lakh, certain foreign assets/income, directorship, unlisted equity shares, income outside the permitted categories, or other specified disqualifications.
Is ITR-4 mandatory?
No. The Income Tax Department describes ITR-4 as a simplified return that an eligible assessee may use when the conditions are satisfied.
Two house properties
For AY 2026-27, the Department states that ITR-4 permits reporting of income from up to two house properties, subject to the other conditions.
Related EZTax Questions
- Which ITR Form Should I File for AY 2026-27?
- Who Can File ITR-1 (Sahaj) for AY 2026-27?
- Who Can File ITR-2 for AY 2026-27?
- Who Can File ITR-3 for AY 2026-27?
