Economics · Economy
Which of the following conditions prevent an individual or entity from using the ITR-4 (Sugam) form under Indian Income Tax rules? (A) Being a director in a company (B) Holding any unlisted equity shares at any time during the previous year (C) Having any asset (including financial interest in any entity) located outside India (D) Being a resident firm (other than LLP) (E) Having income from other sources
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1C, D, E only
- 2B, D, E only
- 3A, B, D only
- 4A, B, C only✓
Correct answer
A, B, C only
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