{"id":32983,"date":"2026-08-30T21:17:04","date_gmt":"2026-08-30T15:47:04","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=32983"},"modified":"2026-08-30T21:53:22","modified_gmt":"2026-08-30T16:23:22","slug":"itr-3-vs-itr-4-ay-2026-27-quick-comparison","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/","title":{"rendered":"ITR-3 vs ITR-4 (AY 2026-27): Quick Comparison"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a94755731553\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a94755731553\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/#Quick_Comparison_ITR-3_vs_ITR-4_AY_2026-27\" title=\"Quick Comparison: ITR-3 vs ITR-4 (AY 2026-27)\">Quick Comparison: ITR-3 vs ITR-4 (AY 2026-27)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/#Who_Should_Usually_File_ITR-3\" title=\"Who Should Usually File ITR-3?\">Who Should Usually File ITR-3?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/#Who_Should_Usually_File_ITR-4\" title=\"Who Should Usually File ITR-4?\">Who Should Usually File ITR-4?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/#Can_You_Revise_Your_ITR_for_AY_2026-27\" title=\"Can You Revise Your ITR for AY 2026-27?\">Can You Revise Your ITR for AY 2026-27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/#Is_AY_2026-27_covered_under_the_new_Income_Tax_Act_2025\" title=\"Is AY 2026-27 covered under the new Income Tax Act, 2025?\">Is AY 2026-27 covered under the new Income Tax Act, 2025?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/itr-3-vs-itr-4-ay-2026-27-quick-comparison\/#File_Your_ITR_Before_the_Due_Date\" title=\"File Your ITR Before the Due Date\">File Your ITR Before the Due Date<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32988\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/08\/Designer-4_11zon-1.jpg\" alt=\"ITR-3 vs ITR-4\" width=\"1024\" height=\"1536\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/08\/Designer-4_11zon-1.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/08\/Designer-4_11zon-1-200x300.jpg 200w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/08\/Designer-4_11zon-1-683x1024.jpg 683w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/08\/Designer-4_11zon-1-768x1152.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/08\/Designer-4_11zon-1-800x1200.jpg 800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Quick_Comparison_ITR-3_vs_ITR-4_AY_2026-27\"><\/span><span style=\"color: #000080;\"><strong><span style=\"text-decoration: underline;\">Quick Comparison:<\/span> <a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/learn\/itr-6-guide-for-companies-filing-itr-for-ay-2026-27-fy-2025-26.html\">ITR-3 vs ITR-4 (AY 2026-27)<\/a><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td><strong>Basis<\/strong><\/td>\n<td><strong>ITR-3<\/strong><\/td>\n<td><strong>ITR-4 (Sugam)<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Who Can File?<\/strong><\/td>\n<td>Individuals &amp; HUFs having business or professional income<\/td>\n<td>Resident Individuals, Resident HUFs and Resident Firms (other than LLPs)<\/td>\n<\/tr>\n<tr>\n<td><strong>Business Income<\/strong><\/td>\n<td>Allowed<\/td>\n<td>Allowed under Presumptive Taxation Scheme<\/td>\n<\/tr>\n<tr>\n<td><strong>Professional Income<\/strong><\/td>\n<td>Allowed<\/td>\n<td>Allowed under Section 44ADA<\/td>\n<\/tr>\n<tr>\n<td><strong>F&amp;O Trading Income<\/strong><\/td>\n<td>Applicable<\/td>\n<td>Not Applicable<\/td>\n<\/tr>\n<tr>\n<td><strong>Intraday Trading Income<\/strong><\/td>\n<td>Applicable<\/td>\n<td>Not Applicable<\/td>\n<\/tr>\n<tr>\n<td><strong>Freelancers &amp; Consultants<\/strong><\/td>\n<td>Applicable if not opting for presumptive taxation<\/td>\n<td>Applicable if opting for Section 44ADA and eligible<\/td>\n<\/tr>\n<tr>\n<td><strong>Business Owners<\/strong><\/td>\n<td>Applicable under normal taxation<\/td>\n<td>Applicable if eligible under Section 44AD\/44AE<\/td>\n<\/tr>\n<tr>\n<td><strong>Capital Gains<\/strong><\/td>\n<td>Allowed<\/td>\n<td>Generally Not Allowed<\/td>\n<\/tr>\n<tr>\n<td><strong>Salary\/Pension Income<\/strong><\/td>\n<td>Allowed<\/td>\n<td>Allowed<\/td>\n<\/tr>\n<tr>\n<td><strong>House Property Income<\/strong><\/td>\n<td>Allowed<\/td>\n<td>Allowed (subject to conditions)<\/td>\n<\/tr>\n<tr>\n<td><strong>Income from Other Sources<\/strong><\/td>\n<td>Allowed<\/td>\n<td>Allowed<\/td>\n<\/tr>\n<tr>\n<td><strong>Presumptive Taxation<\/strong><\/td>\n<td>Optional in eligible cases<\/td>\n<td>Main purpose of the form<\/td>\n<\/tr>\n<tr>\n<td><strong>Turnover\/Income Restriction<\/strong><\/td>\n<td>No specific \u20b950 lakh limit for filing ITR-3<\/td>\n<td>Total income generally should not exceed \u20b950 lakh<\/td>\n<\/tr>\n<tr>\n<td><strong>Books of Accounts<\/strong><\/td>\n<td>Detailed reporting required<\/td>\n<td>Simplified reporting<\/td>\n<\/tr>\n<tr>\n<td><strong>Complexity<\/strong><\/td>\n<td>Detailed and comprehensive form<\/td>\n<td>Simplified form<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Who_Should_Usually_File_ITR-3\"><\/span><a href=\"https:\/\/carajput.com\/blog\/guide-for-choosing-the-correct-itr-form-for-ay-2026\/\"><span style=\"color: #000080;\"><strong>Who Should Usually File ITR-3?<\/strong><\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32227\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders.jpg\" alt=\"ITR-3 For F&amp;O Trader\" width=\"1254\" height=\"1254\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders.jpg 1254w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders-300x300.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders-1024x1024.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders-150x150.jpg 150w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders-768x768.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/08\/ITR-3-For-FO-Traders-800x800.jpg 800w\" sizes=\"(max-width: 1254px) 100vw, 1254px\" \/><\/p>\n<ul>\n<li>F&amp;O Traders<\/li>\n<li>Intraday Traders<\/li>\n<li>Business Owners under normal taxation<\/li>\n<li>Freelancers not opting for Section 44ADA<\/li>\n<li>Consultants under normal taxation<\/li>\n<li>Professionals such as Doctors, Lawyers, Architects, Engineers, etc. not using presumptive taxation<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Who_Should_Usually_File_ITR-4\"><\/span><a href=\"https:\/\/carajput.com\/learn\/summary-of-income-tax-return-itr-forms-ay-2025-26.html\"><span style=\"color: #000080;\"><strong>Who Should Usually File ITR-4?<\/strong><\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-31899\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/05\/ITR-4-.jpeg\" alt=\"Update in ITR\u20114 for AY 2026\u201127\" width=\"743\" height=\"713\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/05\/ITR-4-.jpeg 743w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2026\/05\/ITR-4--300x288.jpeg 300w\" sizes=\"(max-width: 743px) 100vw, 743px\" \/><\/p>\n<ul>\n<li>Small Businesses opting for Section 44AD<\/li>\n<li>Professionals opting for Section 44ADA<\/li>\n<li>Transporters opting for Section 44AE<\/li>\n<li>Resident Individuals, HUFs and Firms (excluding LLPs) meeting eligibility conditions<\/li>\n<\/ul>\n<table width=\"651\">\n<tbody>\n<tr>\n<td><strong>Simple Rule for filling of ITR form to be use &#8211; If You Have<\/strong><\/td>\n<td><strong>File<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 F&amp;O Trading<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-3<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Intraday Trading<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-3<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Regular Business with Books of Accounts<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-3<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Professional Income under Normal Taxation<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-3<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Presumptive Business Income (44AD)<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-4<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Presumptive Professional Income (44ADA)<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-4<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Presumptive Transport Business (44AE)<\/td>\n<td>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>ITR-4<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Can_You_Revise_Your_ITR_for_AY_2026-27\"><\/span><span style=\"color: #000080;\"><strong>Can You Revise Your ITR for AY 2026-27?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>If you discover any mistake, omission, incorrect income disclosure, deduction claim, tax calculation error, or mismatch in TDS details after filing your Income Tax Return (ITR), you can file a Revised Return subject to the provisions of the Income Tax Act.<\/li>\n<li>For Assessment Year 2026-27, a revised return can generally be filed up to 31 March 2027 or before the completion of the assessment, whichever is earlier. This allows taxpayers to rectify genuine errors and ensure accurate tax compliance.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Is_AY_2026-27_covered_under_the_new_Income_Tax_Act_2025\"><\/span><span style=\"color: #000080;\"><strong>Is AY 2026-27 covered under the new Income Tax Act, 2025?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>AY 2026-27 relates to income earned during FY 2025-26 and continues to be governed by the Income Tax Act, 1961. The new Income Tax Act, 2025 applies to income earned from April 1, 2026, onwards.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/carajput.com\/publications\/all-the-required-documents-for-filing-itr.pdf\"><span style=\"color: #000080;\"><strong>Important Points to Remember<\/strong><\/span><\/a><\/p>\n<ul>\n<li>A revised return can be filed to correct Income reporting errors, Wrong tax regime selection (where permitted), Incorrect deduction or exemption claims, TDS\/TCS mismatches and Omitted income or disclosures<\/li>\n<li>Filing a revised return helps avoid future notices and compliance issues.<\/li>\n<li>However, taxpayers should not treat revision as a substitute for careful filing. Before submitting the original return, verify Income from all sources, Deductions and exemptions, Tax regime selection, TDS\/TCS credits, Bank account details, supporting documents, and disclosures<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"File_Your_ITR_Before_the_Due_Date\"><\/span><span style=\"color: #000080;\"><strong>File Your ITR Before the Due Date<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/carajput.com\/blog\/ifaq-on-income-tax-return-filling-forms\/\">ITR filing<\/a> for FY 2025-26 (AY 2026-27) is currently active. Taxpayers required to file ITR-3 or ITR-4 should ensure that their returns are filed on or before the applicable due date to avoid interest, late fees, and loss of certain tax benefits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Comparison: ITR-3 vs ITR-4 (AY 2026-27) Basis ITR-3 ITR-4 (Sugam) Who Can File? Individuals &amp; HUFs having business or professional income Resident Individuals, Resident HUFs and Resident Firms (other than LLPs) Business Income Allowed Allowed under Presumptive Taxation Scheme Professional Income Allowed Allowed under Section 44ADA F&amp;O Trading Income Applicable Not Applicable Intraday Trading &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[10544],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/32983"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=32983"}],"version-history":[{"count":4,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/32983\/revisions"}],"predecessor-version":[{"id":32994,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/32983\/revisions\/32994"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=32983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=32983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=32983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}