Client Filing India Logo
Income Tax Return-4

Income Tax Return-4

Income tax return filing for persons having pressumptive income.

Required timing - 2 days

CA assisted  filing for all your  needs

Completely online – no need to visit office

 

WHY CHOOSE CLIENT FILING INDIA?

  • Lowest Price and best service Guarantee.
  • No Hidden Cost .
  • India's most trusted compliance worthy portal

Income Tax Return - 4

Form is applicable For individuals, HUFs and firms (other than LLP) being a resident having total income upto Rs. 1 crores and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE.

This ITR is not for an individual who is either director in a company or has invested in unlisted Equity Share

Eligibility To File ITR-4

ITR-4 is filed by the taxpayers whose income is upto Rs 1 crores from below- mentioned sources:

Presumptive Income computed as per Sections 44AD, 44ADA and 44AE

Salary or pension

Income from single house property (provided there is no brought forward loss or loss to be carried forward)

Income from other sources (including winnings or loss from lottery and racehorses, other than income chargeable at special rates, and including family pension)

In the case of clubbed income, i.e., the income of another person (spouse, minor child, etc.) is to be clubbed with the income of the taxpayer.

Ineligibility To File ITR-4

ITR-4 is filed by the taxpayers whose income is up to Rs 1 crores from below- mentioned sources:

If taxpayer total income is more than Rs. 1 crores.

If taxpayer has any brought forward losses from previous years.

If taxpayer have foreign assets or have generated a foreign income.

If the taxpayer has income from more than one house property.

If the taxpayer is Director of a company.

If taxpayer is an NRI or an RNOR.

If taxpayer has any income to be apportioned following Section 5A.

If there is Capital gains/losses on the sale of investment/ property,

If tax payer is assessable for the complete or part of the income on which TDS has been deducted in the hands of the person other than the assessee.

Dividend income exceeding Rs. 10 lakhs taxable under Section 115BBDA. .Assessee has any unexplained income(i.e.cash credit, unexplained investment, etc.) taxable at 60% u / s 115BBE.

Income under the head “income from other sources” of which the assessee has claimed exemption u/ s 57.

Deduction has been claimed u/s 80QQB or 80RRB in respect of royalty from patent or books.

Deduction has been claimed u/s 10AA or Part-C of Chapter VI-A.

If an individual is taxable in respect of an income but TDS for such income has been deducted by any other person(i.e., clubbing of income, Portuguese Civil Code, etc.).. 15.Assessee is Claiming relief of tax u/ s 90, 90A or 91.

Our best plans

Avatar-10

Offer valid up to 30.09.2022

All inclusive

Basic

Income tax return filing for a taxpayer with taxable income of less than Rs.10 lakhs.

Apply now
card

Rs.

2500

1770

Avatar-10

Offer valid up to 30.09.2022

All inclusive

Standard

Income tax return filing for a taxpayer with taxable income of  Rs.10 to 25 lakhs.

Apply now
card

Rs.

3000

2596

Avatar-10

Offer valid up to 30.09.2022

All inclusive

Premium

Income tax return filing for a taxpayer with taxable income of more than Rs.25 lakhs.

Apply now
card

Rs.

3500

2950

Frequently asked questions

Is it compulsory to file the ITR4 form for 5 consecutive years once filed in a particular year?

Can I file the ITR 4 under 44ADA if I filed the ITR 3 last year which was the first year of filing? The 5 years limit is for 44ADA as well.

Can a salaried person file ITR 4?

Who Cannot claim 44AD?

Which income comes under 44AD?

Head office

Kolkata, West Bengal

36/A Kadapara, Kankurgachi, Kolkata-700054

Andhra Pradesh Branch

Andhra Pradesh

9th Phase, Rama Nilayam Road, Andhrapradesh-500072

Gangtok Branch

Gangtok

Below Supermarket (turning) M.G. Road , Gangtok, East Sikkim-737101.

Siliguri Branch

Siliguri

Ward 8 , Khalpara , Siliguri - 734005

Website Policies

Terms and Conditions

Refund Policy


Copyright @ 2020 cilentfilingindia | All right reserved