SECTION 44AA YES OR NO

For partnership firm . tick YES....

For your query on my profile............

1. How can a FRIEND misuse your PAN?

2. No use of filing grievance to ITO. he will penalize both.

3. Either the PAN is to be rectified under the AIS, by deductor, with the help of your friend.

4. or you can pay tax liability u/h IFOS, over the rent received minus rent paid, if any (make karar)

THANK YOU SIR, FOR YOUR REPLY, 

SIR, PLEASE CLEAR MY DOUBTS AGAIN-

HP RENT IS 465000/- 

(1) CAN WE FILE ITR WITH ABOVE SAID AMOUNT? 

(2) SHOULD WE FILE ITR U/H IFOS INSTEAD OF HP RENT?

THERE WAS NO ANY DEAL BEFORE ALL THAT., SO CAN WE TAKE 465000/- AMOUNT AS IFOS (OTHERS)?

Yes, under IFOS you can declare the said income, with rent paid to owner as your cost.

THANKS SIR, FOR YOUR REPLY AGAIN.

GOD BLESS YOU