ITR, or Income Tax Return, is a designated document used to report income earned and corresponding taxes paid within a fiscal year to the Income-tax Department. This form facilitates carrying forward losses and requesting refunds from the tax authorities. Various types of income tax return forms cater to different taxpayer statuses and income types. You can access these forms for download at www.incometaxindia.gov.in.

Brief Description of ITR-4 Return

Form ITR – 4 (SUGAM) can be u​sed by an Individual/HUF/Firm (Other than LLP)​ whose total income for the year includes:

1. Business income computed as per the provisions of section 44AD or​44AE; or​
2. Income from Profession as computed as per the provisions of​44ADA; or
3. Income from salary/pension; or
4. Income from one house property (excluding cases where loss is brought forward from previous years); or
5. Income from other sources (excluding winnings from lottery and income from race horses dividend income in excess of Rs. 10 lakhs or unexplained Income, etc. as referred to in section 115BBE)

Further, in a case where the income of another person like spouse, minor child, etc., is to be clubbed with the income of the taxpayer, this return form can be used where income to be clubbed falls in any of the above categories. ​