https://www.taxtmi.com/notifications?id=143532 Amendments to the Income tax Rules, 1962 effective 1 April 2025 revise Rule 12 to expand and clarify eligibility for the simplified SUGAM (ITR 4) return-permitting certain assessees with presumptive business/professional income and only limited long term capital gains subject to specified loss conditions-and update a sub rule date. Rule 11B is amended to require furnishing Form 10BA with the return. Appendix II substitutes new ITR 1 and ITR 4 forms reflecting the revised eligibility and reporting requirements. en-us Tue, 29 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143532 Amendments to the Income tax Rules, 1962 effective 1 April 2025 revise Rule 12 to expand and clarify eligibility for the simplified SUGAM (ITR 4) return-permitting certain assessees with presumptive business/professional income and only limited long term capital gains subject to specified loss conditions-and update a sub rule date. Rule 11B is amended to require furnishing Form 10BA with the return. Appendix II substitutes new ITR 1 and ITR 4 forms reflecting the revised eligibility and reporting requirements. Notifications Income Tax Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143532