Sugam Form

sowmya.s (accountant) (78 Points)

09 March 2011  

Hi,

Can any one kindly explain what is the sugam form?

From this budget if a person comes under slab 5lakh (not having income from other source) His/her Form 16 act as a tax return.

No need to file the tax return seperately.

When the above will effect from?

Is this effective from 1st of June?