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.

A completely new garden has been laid out in place of the old one in front of the school building. Should the expenditure incurred on this garden be treated as capital expenditure, and under which head in the accounts should it be recorded?

can set off of losses under other heads of income against business income arrived at using presumptive income scheme is not allowed under new Act? Is rebate under section 156 of 2025 Act will not apply to tax on income declared under presumptive scheme, just like capital gains are excluded?

I am opting for presumptive taxation mode in ITR-3. I am getting the following error in the final validation step.

Upload Level ValidationITR3Category of Defect B/D
You will be allowed to upload the return. There is a possible defect present in the return or some of the deduction/claim may not be allowed.
1 Error(s) found

Error Description
If you are required to prepare/maintain books of account and dividend income is reported in Profit & Loss Account, please ensure consistency between amount of dividend income reduced in Sch. BP and dividend income reported in Sch OS. Please ignore if not applicable.

Suggestions
Kindly ensure that dividend income mentioned in schedule OS should be equal to dividend income reduced from Schedule BP.

So what to do? Do I have to made entries as suggested or just upload by neglecting?

Non specified professionals were allowed to file their returns using section 44AD under 1961 Act, as they were not barred using 44AD like specified professionals who could use 44ADA. Is position any different under 2025 Act? Can they not utilise presumptive income scheme?

To show presumptive income under Section 44ADA, what should be the business code for a Contractual Photo Editor?
FYI, As per the TDS certificate, TDS has been reported under Section 194C.