Easily File Income Tax Return – ITR-4 Form
E-TaxWala has simplified the life of taxpayers by giving them an easy method of eFiling. Now, you can smoothly file your income tax return online with the assistance of an amazingly competent team of Tax Experts of E-TaxWala.
ITR-4 Form Filing
The individuals or HUFs who are running a business with the annual turnover less than ₹2 crores and professionals with the gross receipts more than ₹50 lakhs and they opt for the presumptive income scheme as per Section 44AD, Sec 44ADA and Section 44AE of the Income Tax Act are liable under ITR-4 Form. However, companies cannot file ITR-4 as they have to file ITR-6 and ITR-7 based on the applicability.
Main Pointers of ITR-4 Form
Methods of Filing Tax
Under ITR-4 Form, the individuals and HUFs can file a tax return in multiple ways. The applicable taxpayer over 80 years whose income doesn’t exceed ₹5 lakhs and have no refund to claim can file ITR-4 form in the paper. Other individuals can file using a digital signature certificate and electronic verification code. Moreover, a person can transmit data electronically and then mail form to the Income Tax Office.
Presumptive Taxation Scheme
SMEs, Professionals, and Transports who have opted to register with the presumptive taxation scheme needs to follow norms designed for them respectively. All the norms of presumptive taxation scheme can easily be explained by E-TaxWala team.
Individuals have to file ITR-4 on or before 31st July and businesses have to file on or before 30th September.
Documents required to file ITR-3 Form are – PAN Card, Aadhar Card, Bank Passbooks and Form 16.
How Can We Help You?
To understand the ITR-4 form eFiling process in a proper manner, get E-TaxWala assistance in the following areas;
- Free Consultation
- Calculating your Annual Income
- eFiling of ITR-4 Form
- Claiming Income Tax Refund