ITR-4 Filing For Presumptive Business And Professionals

ITR-4 is generally for eligible resident individuals, HUFs and firms using presumptive taxation, subject to exclusions and income limits.

Eligible professionals may be able to file ITR-4 under presumptive taxation, but the profession, receipts and other income sources must be reviewed.

ITR-3 may be needed where presumptive taxation is not available or not chosen, or where ITR-4 exclusions apply.