Form 3CD Clause 16D

This discussion addresses a common issue where 'income from house property' is incorrectly reported under clause 16D of the Form 3CB-3CD tax audit report, leading to its inclusion in Profit and Gains from Business or Profession (PGBP) income by the assessing officer. Participants are seeking the correct method to report this income to prevent such discrepancies and are sharing solutions, including revising returns or filing rectification requests, as direct revision of the audit report for AY 2021-22 is generally not permitted.