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Income from one house property (excluding the cases where loss is to be carried forward or brought forward loss).

Income from profession earned under section 44ADA.

Business Income computed under section 44AD or section 44AE.

Under existing rules of the Income Tax Act, 1961, Individuals/HUF/Partnership Firms having any of the following types of income are required to file ITR Form 4: 2 crores, the taxpayer is required to file ITR-3. However, if the annual turnover of business registered under presumptive taxation scheme exceeds Rs. ITR 4 can be filed by individuals, HUF as well as a partnership firm. Income Tax Return Form 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.

For Whom is filing ITR-4 not mandatory?.