House property held by mother and daughter jointly has been rented. Daughter pays the Emi and the rental income is credited in mother's account. Can the mother show the rent income fully in her ITR or it has to be divided as per their share. Please guide

Sir I've filed revised ITR 4 on 02/07/26.I've showed all sb interest,FD int,MIS interest,ITD refund int in IFOS.But in AIS/TIS, post office Sb interest(22427/-) and post office MIS interest(27750/-) not reflecting at all till today.So my reported income in IFOS in ITR is more than amount showing AIS/TIS.Will this cause problem for ITR to be Processed and to get refund?🙏🙏🙏🙏🙏🙏🙏🙏

Can A partnership Firm having turnover of 2.5 cr and cash receipts and payments below 5% declare income under section 44AD ?

Dear sir,
when A person take LIC Jivan Kishor policy of 250000/- and premium 6395/- at his age 1 year in 1993 and will mature in year 2027, now a person is recently NRI and no any other income in India. At time of maturity around Rs.750000/- of this policy will transfer to NRO a/c in 2027 by LIC, So tell me can this amount came under TDS or Income Tax? , LIC or Bank can deduct TDS of mature amount at time of maturity ?

A Business Journalist is providing editorial service to his client by editing business news and articles of interest to client's business. He is computing business income under section 44AD since editing is not part of any specified profession under 144AA. Client is deducting TDS under 194JB. His past ITR have been processed by CPC under 143(1). Can AO take a view that he should have computed income under 44ADA and issue notice under 143(2) for AY 2026-27, which return has not been processed yet, and notice under 147 for past 3 years?

Sir/Mam,

Last year , Individual senior citizen person income , one consultant incomes U/s.194JA & JB shown in income from other sources and ITR1 Filed and same process.

Now I am having doubts the above incomes where to show and Which ITR form is correct

Thanking you,

Please let me know how to download justification report for FY 2026-27 and password to open the same

Sir,

I have a client with the following facts:

* Trading turnover: ₹12,10,000
* Business income is being offered under Section 44AD at ₹4,00,000.
* The assessee is also engaged in money lending and has earned interest income of ₹2,00,000.
* No books of account are maintained.

My query is:

1. Can the money lending interest of ₹2,00,000 be offered under **"Income from Other Sources"** while declaring the trading business income under **Section 44AD** in **ITR-4**?

2. Or, should the return be filed in **ITR-3**, selecting **"No books of account maintained"**, with trading income under **Section 44AD** and the money lending interest offered under the head **"Income from Other Sources"**?

3. Which approach is legally more appropriate and safer during scrutiny?

Sir I've filed original ITR4 on 25/06/26.But due to Exempt income disclosure menu I've to revise it on 02/07/26 for exempt income of ppf interest and ITD tax refund as....
1)Other income_Sub category_"Exempt as per CBDT notification"_Description-PPF interest on 31/03/26[section(11)]_Amount
2)Other income_Sub category_"Receipt not in the nature of income"_Description-"ITD tax refund AY2025-26 "-Amount.
Is it wrong sir?Upto previous year these were shown as exempt as Other Income with description only(No sub category).But from this year sub category is given and it is not clear for PPF interest.
As I've revised my iter in this way will ITD process my return?Inspite I've to again revise my itr.Please guide sir🙏🙏🙏.I've refund more than 50K and not processing for last 15 days of revised return.🙏🙏🙏🙏

Hi Sir/Ma'am
We have a query regarding the filing of the Income Tax Return for a partnership firm.

The firm had been filing ITR-4 under the presumptive taxation scheme under Section 44AD in the earlier years. However, during the current financial year, the firm has no business income. While preparing the return, the Income Tax portal is prompting us to switch the return form from ITR-4 to ITR-5.

In this scenario, should we switch to ITR-5, or should we continue filing ITR-4 by offering a notional presumptive income, considering that the presumptive taxation provisions under Section 44AD are generally expected to be followed for the prescribed period once opted?

We would appreciate your guidance on the correct course of action.