New Delhi, April 26 -- The Central Board of Direct Taxes (CBDT) has introduced a major change in the revised ITR-4 (Sugam) by making investment disclosure compulsory for taxpayers choosing the presumptive taxation scheme.

The updated form applies to resident individuals, Hindu Undivided Families (HUFs), and firms other than LLPs whose total income is up to Rs.50 lakh. It covers those earning business or professional income under Sections 44AD, 44ADA, and 44AE, along with long-term capital gains from equity shares up to Rs.1.25 lakh.

Under the "Financial Particulars of the Business" section, CBDT has added a new field that requires taxpayers to report their investments held up to March 31, 2026. This marks the first time such disclosure ...