Where to File & Initial Steps
To file ITR-4 for Assessment Year 2026–27, visit the official Income Tax Department of India e-Filing portal. Log in using your PAN and password, then choose the option to file a new return. Select ITR-4 (Sugam) as the applicable form. Before proceeding, carefully verify your personal details such as PAN, Aadhaar, bank account, and contact information to avoid errors during submission.

Who is Eligible to File ITR-4?
ITR-4 is designed for individuals, Hindu Undivided Families (HUFs), and firms (excluding LLPs) who opt for the presumptive taxation scheme. It is applicable when total income is up to ₹50 lakh and includes income from business or profession. Freelancers can also use ITR-4 if they fall under presumptive taxation (Section 44ADA). Additionally, it covers income from one house property and other sources like interest, provided all conditions of the scheme are met.

 Entering Income & Deductions
Once the form is selected, you need to enter details of your income, including business or professional earnings under the presumptive scheme. Then, fill in deductions under sections like 80C (investments), 80D (health insurance), and other eligible tax-saving options. Ensure that all income sources and deductions are correctly reported to avoid notices or discrepancies later.

Validation and Verification Process
After entering all details, the portal allows you to validate the form to check for errors or missing information. Once validated successfully, you can proceed to submit the return. Verification can be completed instantly using Aadhaar OTP, net banking, or Electronic Verification Code (EVC). This step is crucial because the return is considered valid only after verification.

 Important Conditions to Remember
While filing ITR-4, ensure that your income does not exceed ₹50 lakh and that you are not holding multiple house properties or complex capital gains, as these cases require different ITR forms. Also, taxpayers opting for presumptive taxation must declare income at prescribed percentages (like 6% or 8% for business, 50% for professionals). Any deviation may lead to compliance issues.