Tax Paramarsh

If you file ITR-4 (Sugam) under presumptive taxation, now investment details disclosure is required in the Income Tax Return. 📑
✅ Applicable for:
🔹 Business turnover up to ₹2 Crore
🔹 Professionals receipts up to ₹75 Lakh
📌 Presumptive Income Norms:
💳 Digital Receipts – 6%
💵 Cash Receipts – 8%
👨‍💼 Professionals – 50%
⚠️ Wrong reporting or mismatch with AIS/investments may lead to scrutiny & penalty.
✔️ Keep proper records
✔️ Report investments honestly
✔️ Match income with assets
💼 Need help filing ITR-4 correctly?
📲 Contact TP Tax Paramarsh LLP
📞 7830161817 | 9058533488
🌐 www.taxparamarsh.in

Good news for taxpayers! 🎉 Under the New Tax Regime, salaried individuals can enjoy Zero Tax up to approx ₹12.75 Lakhs (including rebate u/s 87A + standard deduction).
✅ Simplified tax structure
✅ Lower tax rates
✅ Best for those with fewer deductions
📌 Choose Old Regime if you claim benefits like:
80C | 80D | HRA | Home Loan | Investments
💼 Need help choosing the best tax regime?
📲 Contact TP Tax Paramarsh LLP today!
📞 7830161817 | 9058533488
🌐 www.taxparamarsh.in

New Income Tax Law Effective from FY 2026–27

The Income-tax Act, 2025 will come into force from Financial Year 2026–27, bringing significant changes to the existing tax framework.

🔹 Revision in tax provisions and structure
🔹 Possible updates in return filing procedures
🔹 Transitional challenges may arise initially

Taxpayers are advised to stay informed and ensure timely compliance to avoid any discrepancies.

💼 For expert guidance and seamless compliance, connect with Tax Paramarsh LLP.

📞 +91 7830161817
🌐 www.taxparamarsh.in