The client's business income is 60 lakh as per u/s 194C and professional receipt is 30 lakh u/s 194JB. Can we file ITR-3 by declaring 60 lakh income in 44AD and 30 lakh income in 44ADA both INCOME in ITR 3 form?

A individual has gross total income of rs.5 lakh for previous year 2025-26 including interest income of 51650 after rebate tax liability will be nil.

Is he eligible to file form 15G ?
Here GTI more than basic exemption limit 400000

Section 197A(1B) of the Income Tax Act says:

> “The provisions of sub-section (1A) shall not apply where the Amount Of Income or the aggregate of the amounts of income... exceeds the Maximum Amount which is not chargeable to income-tax.”

My interpretation of "Maximum Amount " is gross total income .

Dear Experts

Is it possible to get PAN in the name of The Commissioner, Municipal Corporation?

I request any one can help me on this for payment

How should I declare loss from online games in ITR?

HOW TO CALCULATE INTEREST U/S 234B FOR FY 2024-25
I HAVE A QUERY ON THE FOLLOWING
Date of Determination of Income U/s 143(1)---HERE WHAT DATE SHOULD WE ENTER ?
INTEREST CALCULATION FROM 01.04.2025 TO ? WHAT DATE ?
PLEASE REPLY

One of my client had received his salary for 7 months in foreign currency and for 5 months professional income in India (During FY 2024-25). NO ITDS on foreign salary, but ITDS on Professional income in India (As per 26AS). May I file ITR 1 ?

Dear Experts
I only have short term capital loss for FY 24/25 from sale of equities and no short term or long term capital gain. When I fill in the details under STCG section 111A the ITR2 calculates the loss properly and also registers it in the carry forward loss page but when I try to validate the return for final submission it gives an error saying STCG value is less than zero. ( 2c. Balance (2a-biv) input can not be less than zero) . Since I only have short term capital loss from equity value is bound to be less than zero!! how do I enter this loss so that the return validates. Thanks for all the help in advance.
Neel

Hello Sir, X person buy MF of Rs 1 L after 2 years it's valuation is 1.3L . He gave gift this whole 1.3L MF to his wife .
Will X person need to pay tax on 30K(1.3L-1L) on this year ?
suppose again after 2 years valuation of MF is 2 L and wife sold MF. So On what amount wife (Or Husband if we consider clubbing of income )need to pay tax ? Is it on 70 K (2L-1.3L) or 1 L(2L-1L i.e. original price of MF)

FD done in year 24/25 is 1500000
SFT showing 1700000
My qs is
What option should be choosen in Feedback??

Respected Colleagues,
If a partnership firm having first year of business FY 2024-25 turnover nearly 30 Lakhs and Profits approx 1.45 Lakhs before partner remuneration, then as per sec 40(b) of IT act, firm entire Book profits transfer to remuneration of partners due to below 1.50 Lakhs and in this case no loss ,no profit, So my question is whether tax audit is compulsory in this case or not, due to below profits under 6% as per 44AD? ...............Please guide