Tax department has introduced various forms for individuals like ITR-1, ITR-2, ITR-4 and ITR 4S. If you are running a small business it’s likely you have heard of the ITR 4S (sugam) form. ITR 4S (also called Sugam) is for those businesses who have calculate the business income on the basis of presumption irrespective of actual income. Section 44AD and 44AE of income … [Read more...] about When to file ITR 4S – Income Tax Return Form for Small businesses