ITR-4 vs ITR-3 Decision
Use ITR-4 Sugam for simplified filing under 44ADA
overview
What is this hack?
Use ITR-4 (Sugam) if gross receipts ≤ ₹75 lakh under 44ADA for simplified filing versus ITR-3 requiring detailed books and schedules
- Potential savings: Time + CA fees saved
- Implementation time: 1 hour
- Legal status: fully legal
- Risk level: low
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Need help implementing this hack?
Get expert guidance from CA Ashama Rajawat on implementing this strategy correctly for your specific situation.