22 May 2011
The business is not presumptive. The income from eligible business of an eligible assessee is decided on presumptive basis. For The AY 2011-12 and onwards Sugam (4S) to be filled in the case of a person being an individual or a Hindu undivided family deriving business income and such income is computed in accordance with special provisions, referred to in section 44AD and section 44AE of the Act for computation of business income .