New ITR-4 requires presumptive taxpayers to disclose investments | Ahmedabad News
Ahmedabad: In a significant compliance change aimed at tightening scrutiny over possible tax evasion, small businesses and professionals opting for the presumptive tax scheme will now have to disclose their investment details in the income tax return this year, reports Parag Dave. The new disclosure requirement has been introduced in ITR-4 (Sugam), recently released by…
