ITR-4 Sugam Filing in Pune: Section 44AD & 44ADA Presumptive Scheme for Traders & Freelancers

Presumptive Taxation Simplified: Filing ITR-4 (Sugam) in Pune

Maintaining detailed ledgers, cash books, stock registers, and balance sheets is often an overwhelming burden for micro-businesses, retail shop owners, and independent tech consultants. To provide relief, the Government of India introduced the Presumptive Taxation Scheme under Sections 44AD, 44ADA, and 44AE, enabling eligible taxpayers to file the simplified ITR-4 (Sugam) return.

Pune has a bustling ecosystem of independent freelance developers, UI/UX designers, digital marketing consultants, and small retail traders. By leveraging Section 44ADA, an IT consultant earning up to ₹75 Lakhs in annual receipts (where digital payments constitute at least 95%) can declare 50% of gross receipts as taxable profit, pay tax on that amount, and legally forego maintaining books of account or undergoing tax audit. Discover our dedicated presumptive ITR filing packages in Pune.

Eligibility & Presumptive Profit Ratios

• Section 44AD (Small Businesses): Turnover up to ₹3 Crores (with 95%+ digital payments) or ₹2 Crores. Minimum presumptive profit is 6% for digital receipts and 8% for cash sales.
• Section 44ADA (Specified Professionals): Gross receipts up to ₹75 Lakhs (with 95%+ digital receipts) or ₹50 Lakhs. Minimum presumptive profit is 50% of gross receipts.
• Section 44AE (Goods Transporters): Applicable to small fleet owners owning not more than 10 goods carriages.