Hi,

I am Individual working as Accountant with Private Company & my employer deducts my TDS under Professional Category. I am Commerce Graduate & do not have any Professional Qualification like an Chartered Accountant

Can I report my Income under Section 44ADA in ITR for FY 2025-26 AY 2026-27. I am not claiming any expenses or deduction against this income.

Gst to be included or excluded for Gross Receipts/turnover u/s 44AD

Sir
while checking book of account and gst statement for audit purpose , it found that one month there is difference in GSRT1 & GSRT3B. in comparison report . But individual checking each there is no difference in fount , only in comparison statement show there is difference and cumulative is showing .
Please advise
Binu

Itr 1 with nil tax and itr 4 with refund of 3000 was processed on same day. Itr 1 filed with refund of 27000 is pending since more than ten days

Any idea???

Dear Experts
As per section 393(6)(ii) of income Tax Act. 2025, has threshold limit to 50 lacs and tds rate 2% been revised even if deductor is individual and service received on contract.

Pls confirm

05/2025 Purchased Apple shares and Sale on 09/2025 Short Term Gain Rs.18450/-. Tell me Tax Rate, its 20% or as per Slabs.

I was awarded a sanitation tender by the Municipal Corporation.

This supply is exempt from GST.

I assigned this tender to my friend.

At the end of the month, I will submit an invoice to the Municipal Corporation for the exempt supply

On the other hand, my friend issued an invoice in the name of my firm for sanitation services.

So, will my friend charge GST on the invoice or not?

Is interest on extended SCSS taxable wef F.Y.2026-2027?

Sir,
My wife earn salary income FY 2025-26 Rs. 105000/- and Long term Capital Gain on Share of Rs. 30000/-
Its need to we file the ITR -2 or its not file return due to taxable income not crossed .

Thanks & Regards.

SANJAY

The husband transferred securities worth ₹9,84,783 to his wife's demat account through an off-market transfer. Subsequently, the wife transferred securities worth ₹9,89,983 back to the husband's demat account through another off-market transfer.

Please advise on the income tax implications of these transactions in their respective Income Tax Returns (ITRs), including whether any tax liability or disclosure requirements arise for either spouse.