https://www.taxtmi.com/news?id=42429 The tax authority has notified that resident individuals, HUFs and eligible firms within the prescribed total income limit may use simpler ITR-1 (Sahaj) or ITR-4 (Sugam) forms; Sahaj now permits limited long term capital gains from equity shares and equity oriented mutual funds provided such gains do not exceed the stated cap and there are no capital losses to carry forward or set off, while Sugam continues to serve eligible business and professional taxpayers within the income ceiling. en-us Wed, 30 Apr 2025 12:46:03 +0530 Wed, 30 Apr 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42429 The tax authority has notified that resident individuals, HUFs and eligible firms within the prescribed total income limit may use simpler ITR-1 (Sahaj) or ITR-4 (Sugam) forms; Sahaj now permits limited long term capital gains from equity shares and equity oriented mutual funds provided such gains do not exceed the stated cap and there are no capital losses to carry forward or set off, while Sugam continues to serve eligible business and professional taxpayers within the income ceiling. News - Wed, 30 Apr 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=42429