ITR-4, which also called SUGAM, is filed by the taxpayers who have opted for presumptive taxation scheme under section 44AD, section 44DA and section 44AE of the Income Tax Act, 1961.
| # | Taxable Income | Income Tax Rate |
|---|---|---|
| 1 | Up to 2.5 lakh | Nil |
| 2 | From 2,50,001 to Rs 5,00,000 | 5% |
| 3 | From 5,00,001 to Rs 7,50,000 | 10% |
| 4 | From 7,50,001 to 10,00,000 | 15% |
| 5 | From 10,00,001 to Rs 12,50,000 | 20% |
| 5 | From 12,50,001 to 15,00,000 | 25% |
| 5 | Above 15,00,000 | 30% |