ITR4 – Instructions and guidelines for filling ITR4

ITR4 is to be used by an individual or a Hindu Undivided Family who is carrying out a proprietary business or profession. No document (including TDS certificate) should be attached to ITR4. All such documents enclosed with ITR Return Form will be detached and returned to the person filing the return.

Manner of filing ITR4

ITR4 can be filed with the Income Tax Department in any of the following ways, –

  1. by furnishing the return in a paper form;
  2. by furnishing the return electronically under digital signature;
  3. by transmitting the data in the return electronically and thereafter submitting the verification of the return in Return Form ITR-V;
  4. by furnishing a Bar-coded return.

ITR 4 – Instructions and guidelines for filling ITR 4A resident assessee having any assets (including financial interest in any entity) located outside India or signing authority in any account located outside India, shall fill out schedule FA and furnish the return in the manner provided at either (2) or (3).

From the assessment year 2013-14 onwards all the tax payers having total income of more than 5 lakh rupees are required to furnish the return in the manner provided at point number 2 or 3 above.

Also in case of a taxpayer to whom Schedule FSI and Schedule TR apply, he has to furnish the return in the manner provided at point number 3.

Where the ITR4 Return Form is furnished in the manner mentioned at (iii), the tax payer should print out two copies of Form ITR-V. One copy of ITR-V, duly signed by the assessee, has to be sent by ordinary post to Post Bag No. 1, Electronic City Office, Bangaluru–560100 (Karnataka). The other copy may be retained by the assessee for his record.

The codes while filing ITR4 for nature of business to be filled in ‘Part-A- Nature of business’ are as under-

 Sector Sub-Sector Code
(1) Manufacturing Industry Agro-based industries 0101
Automobile and Auto parts 0102
Cement 0103
Diamond cutting 0104
Drugs and Pharmaceuticals 0105
Electronics including Computer Hardware 0106
Engineering goods 0107
Fertilizers, Chemicals, Paints 0108
Flour & Rice Mills 0109
Food Processing units 0110
Marble & Granite 0111
Paper 0112
Petroleum and Petrochemicals 0113
Power and energy 0114
Printing & Publishing 0115
Rubber 0116
Steel 0117
Sugar 0118
Tea, Coffee 0119
Textiles, handloom, Power looms 0120
Tobacco 0121
Tyre 0122
Vanaspati & Edible Oils 0123
Others 0124
(2) Trading Chain Stores 0201
Retailers 0202
Wholesalers 0203
Others 0204
(3) Commission Agents General Commission Agents 0301
(4) Builders Builders 0401
Estate Agents 0402
Property Developers 0403
Others 0404
(5) Contractors Civil Contractors 0501
Excise Contractors 0502
Forest Contractors 0503
Mining Contractors 0504
Others 0505
(6) Professionals Chartered Accountants, Companies Secretaries, etc. 0601
Fashion designers 0602
Legal professionals 0603
Medical professionals 0604
Nursing Homes 0605
Specialty hospitals 0606
Others 0607
Advertisement agencies 0701
Beauty Parlours 0702
Consultancy services 0703
Courier Agencies 0704
Computer training/educational and coaching institutes 0705
Forex Dealers 0706
Hospitality services 0707
Hotels 0708
I.T. enabled services, BPO service providers 0709
Security agencies 0710
Software development agencies 0711
Transporters 0712
Travel agents, tour operators 0713
Others 0714
Banking Companies 0801
Chit Funds 0802
Financial Institutions 0803
Financial service providers 0804
Leasing Companies 0805
Money Lenders 0806
Non-Banking Finance Companies 0807
Share Brokers, Sub-brokers, etc. 0808
Others 0809
Cable T.V. productions 0901
Film distribution 0902
Film laboratories 0903
Motion Picture Producers 0904
Television Channels 0905
Others 0906
(10)Other Sector [other than (1) to (9) above] 1001

Obligation to file ITR4

  1. Every individual and HUF has to furnish the return of his income if his total income before allowing deductions under section 10A or section 10B or section 10BA or Chapter VI-A (i.e., if his gross total income referred to in item 10 of Part B-TI as increased by item 6 of Schedule 10A, item f of Schedule 10A and item f of Schedule 10A of this Form) exceeds the maximum amount which is not chargeable to income tax [Rs. 2,00,000/- in case of individuals below the age of 60 yearsand HUF, and Rs. 2,50,000/- in case of individuals who are of the age of 60 years or more but less than eighty years at any time during the financial year 2012-13, and Rs. 5,00,000/- in the case of individuals who are of the age of 80 years or more at any time during the financial year 2012-13].
  2.  The losses, if any, (item-15 of Part B-TI of this Form) shall not be allowed to be carried forward unless the return has been filed on or before the due date.
  3.  The deduction under sections 10A, 10B, 80-IA, 80-IAB, 80-IB and 80-IC shall not be allowed unless the return has been filed on or before the due date.

Download ITR4 return forms for online filing from the download section of this website 

Download ITR4 form in PDF format for manual filing with income tax department

Editorial Staff at Yourfinancebook is a team of finance professionals. The team has more than a decade experience in taxation and personal finance.

2 thoughts on “ITR4 – Instructions and guidelines for filling ITR4”

  1. please verify tan details and the amount of credit available
    in your form 16 and 26s

    come above subject please inform us

  2. Hello,

    I’m a little confused from the list of codes you’ve given. Can you tell me which code is applicable for me if my total income is from Salary and Share Trading (Speculative)?


Comments are closed.