A proprietor, freelancer, doctor, lawyer, trader or transporter reports business or professional income in their own income tax return: ITR-4 Sugam when presumptive taxation fits, ITR-3 when books of account are kept or a tax audit applies. Answer a few questions and we show the likely form and the dates for assessment year 2026-27. StampMitra is a filing assistance platform, not the government or a firm of chartered accountants.
Business or professional income goes in the owner's own return. A sole proprietorship has no separate return: the proprietor files as an individual, a Hindu undivided family files as itself. The form depends on how you compute the income. ITR-4 Sugam is for presumptive income under section 44AD, 44ADA or 44AE. ITR-3 is for everyone else with business or professional income, including those who keep books and those who need a tax audit.
ITR-4 Sugam / ITR-3
Limits for assessment year 2026-27, from the Income Tax Department's ITR-4 guidance.
It depends on turnover or receipts: A tax audit under section 44AB is needed when business turnover or professional receipts cross the statutory limits. The limits are higher when cash receipts and cash payments are each 5% or less. Our advisor checks your figures as you answer.
The late fee under section 234F is ₹1,000 if total income is up to ₹5 lakh and ₹5,000 above that. We confirm the exact amount before filing.
Identity and bank details are taken securely after payment, never on the order form.
Item, Amount, Notes
Receipts in the return do not match the GST returns or the annual information statement.
Pick the form: We tell you if ITR-4 is open, or why ITR-3 applies, before you pay.
ITR-4 Sugam is for presumptive income under section 44AD, 44ADA or 44AE within the limits. Books of account, a loss to carry forward, F&O, crypto, foreign assets, a directorship or higher income move you to ITR-3. The advice box shows the likely form.
The date for ITR-4 without audit was 31 August 2026 and has passed. A belated return is open until 31 December 2026 with a late fee and interest on any tax due. Audit cases have a later date, 21 November 2026.
Under section 234F it is ₹1,000 if total income is up to ₹5 lakh and ₹5,000 above that. Interest on any tax due is added. We confirm the exact amount before filing.
Only a practising chartered accountant. We prepare the books and the return and coordinate with the accountant, but we cannot sign or certify the report.
No. No fee is payable to the government to file a return on the income tax portal. Our fee depends on the route and we confirm the exact amount before filing.
Doctors, lawyers, engineers, architects, accountants, technical consultants and interior designers are listed. For other freelance work our team checks whether section 44ADA applies before filing.
A belated return loses the carry-forward of business and capital losses. A house property loss and unabsorbed depreciation survive.
Turnover in the return must match your GST returns. If GST returns are pending, file them first. Our GST filing service can help.
F&O is non-speculative business income reported in ITR-3 with books. Crypto income needs a separate schedule. Our team reviews both before filing.
No. We take identity and bank details securely after payment, and you e-verify in a live session. The code is never typed into our form.