2. In the Income-tax Rules, 1962, after rule 11UAD, the following rule shall be inserted, namely: —“11UAE.Computation of Fair Market Value of Capital Assets for the purposes of section 50B of the Income-tax Act. (1) For the purpose of clause (ii) of sub-section (2) of section ...
ITR 4 Sugam Form is for taxpayers who have opted for the presumptive income scheme under Section 44AD, Section 44ADA, and Section 44AE of the Income Tax Act. Note: If the turnover of the business is more than Rs 2 crores then the taxpayer will have to file ITR-3. ITR 5 Form is ...