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<title> CAclubindia.com </title>
<link>https://www.caclubindia.com/forum/</link>
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<title>Professional Income in 44AD</title>
<link>https://www.caclubindia.com/forum/professional-income-in-44ad-615648.asp</link>
<pubDate>Fri, 10 Jul 2026 00:22:06 GMT</pubDate>
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<![CDATA[
If I give any professional service , but it is not specified in sec 44 therefore section 44ADA is not applicable to me , then can I show my professional income as per section 44AD ?]]>
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<title>Presumptive taxation</title>
<link>https://www.caclubindia.com/forum/presumptive-taxation-615646.asp</link>
<pubDate>Thu, 9 Jul 2026 22:41:11 GMT</pubDate>
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My brother made a video song album for a sum of 7 lakhs on a contract basis. As per the contract the same along with all IPR rights transferred to the client as well.... Client deducted TDS u/s 194 c @ 2%. Which presumptive taxation scheme can we use here. Sec 44AD or 44ADA...  Also which]]>
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<title>Claiming Pre Possession Home Loan Interest</title>
<link>https://www.caclubindia.com/forum/claiming-pre-possession-home-loan-interest-615645.asp</link>
<pubDate>Thu, 9 Jul 2026 15:53:44 GMT</pubDate>
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my home loan was approved in nov 2022 and i took possession in nov 2024 now tell me can i claim full interest on home loan before pocession in this Financial Year while filing itr.My Home is in 3 person's name,my mom,father let me know if I can still claim full interest since i pay the home loan]]>
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<title>Tax on Pension from EPFO</title>
<link>https://www.caclubindia.com/forum/tax-on-pension-from-epfo-615644.asp</link>
<pubDate>Thu, 9 Jul 2026 15:52:34 GMT</pubDate>
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Whether pension from EPFO counts as Income from salary or Income from other sources. In case it is income form other sources how to show it ?]]>
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<title>Indexation of Sale of Property under New Regime</title>
<link>https://www.caclubindia.com/forum/indexation-of-sale-of-property-under-new-regime-615643.asp</link>
<pubDate>Thu, 9 Jul 2026 12:07:35 GMT</pubDate>
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<![CDATA[
Purchase of Property - 09 July 2011Purchase Cost - 1872000Sale of Property - 09 July 2025Sale Value - 2400000SDV - 3700000Whether Indexation benefit can be claimed in New Regime ? While filing ITR 2 under New Regime the indexation benefit]]>
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<title>TDS ON RENT BY TENANT</title>
<link>https://www.caclubindia.com/forum/tds-on-rent-by-tenant-615642.asp</link>
<pubDate>Thu, 9 Jul 2026 10:27:25 GMT</pubDate>
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Hello want to know if a Tenant deduct TDS on rent what entries to be shown in the books of landlord and how to verify whether the tenant has provided actual rent or not, and also if received less rent what accounting entries one should pass.]]>
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<title>Forward tax charge gst related</title>
<link>https://www.caclubindia.com/forum/forward-tax-charge-gst-related-615641.asp</link>
<pubDate>Thu, 9 Jul 2026 05:54:47 GMT</pubDate>
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<![CDATA[
Our client provides services under both RCM and forward charge mechanisms; the service receipnant pays the GST for RCM services to gst department, while our client pays the GST for forward charge services. The query is: can the counterparty claim the Input Tax Credit (ITC) for the GST paid to our]]>
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<title>SBI direct mutual funds ITR</title>
<link>https://www.caclubindia.com/forum/sbi-direct-mutual-funds-itr-615640.asp</link>
<pubDate>Wed, 8 Jul 2026 22:27:32 GMT</pubDate>
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Hi,A person is investing through SIPs in SBI Mutual Fund (Direct Plan) and has never redeemed any units. He has invested in multiple mutual funds. Does he need to report anything in his ITR? If yes, where should these details be entered?How do we actually verify whether anything]]>
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<title>44AE Section</title>
<link>https://www.caclubindia.com/forum/44ae-section-615639.asp</link>
<pubDate>Wed, 8 Jul 2026 21:16:23 GMT</pubDate>
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A Person own a Heavy Goods Vehicle 30 Ton Capacity He wants to file ITR is there any balance sheet required for Filling of ITR under section 44AE]]>
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<title>FEMA compliant structure</title>
<link>https://www.caclubindia.com/forum/fema-compliant-structure-615638.asp</link>
<pubDate>Wed, 8 Jul 2026 20:23:34 GMT</pubDate>
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I am a resident Indian. My college friend is an NRI in Kuwait with an NRE account. He wants to lend me ₹5&ndash;10 lakh for 3 years, and I will repay principal with interest. Is there a FEMA-compliant structure for this, and what account should be used for repayment?"]]>
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<title>Tax obligation in AY 2026-27</title>
<link>https://www.caclubindia.com/forum/tax-obligation-in-ay-2026-27-615636.asp</link>
<pubDate>Wed, 8 Jul 2026 18:01:38 GMT</pubDate>
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<![CDATA[
I am a resident super senior Indian.My net taxable income in FY 2025-26 corresponding to AY 2026-27 is Rs 1651229/- after Std deduction.My income comprises of Govt pension and interests of bank FD and SB A/c interest only . Nothing else.What is my tax obligations ,inclu]]>
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<title>EFILING ITR2 FROM COMMON FILING UTILITY</title>
<link>https://www.caclubindia.com/forum/efiling-itr2-from-common-filing-utility-615635.asp</link>
<pubDate>Wed, 8 Jul 2026 16:10:11 GMT</pubDate>
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<![CDATA[
DOWNLOADED COMMON FILING UTILITY FOR AY 2026-27 AND EXTRACTED FROM THE ZIP FILE. AFTER DOUBLE CLICKING, MICROSOFT DEFENDER GIVES A WARNING THAT AN UNAUTHORISED APP IS STARTING. I PRESS RUN ANYWAY AND THE SET UP STARTS AND THEN CLOSES ABRUPTLY. THE UTILITY IS NOT OPENING. CAN SOMEONE PLEASE GUIDE.]]>
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<title>SBI gold bond interest</title>
<link>https://www.caclubindia.com/forum/sbi-gold-bond-interest-615634.asp</link>
<pubDate>Wed, 8 Jul 2026 15:35:09 GMT</pubDate>
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<![CDATA[
Out of the following options under income from other sources. which options we should report the interest earned from SBI soveregin bond.  is it Others including interest from Companies,NBFCs &amp; HFCs? Appreciate your help.-In the nature of Pass through income/ loss-Inter]]>
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<title>PPF Interest Exempt - But what drop down to choose?</title>
<link>https://www.caclubindia.com/forum/ppf-interest-exempt-but-what-drop-down-to-choose--615632.asp</link>
<pubDate>Wed, 8 Jul 2026 12:28:02 GMT</pubDate>
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Respected Sir/Madam,Earlier I would just show PPF Interest as Other Exempt income. But now in this ITR  I am confused what options to choose from the two drop downs .Now if I choose Other Income the sub-options are10(2) Member share from HUF]]>
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<title>Itr2 or itr3  intraday trade 1 loss of 70 paise</title>
<link>https://www.caclubindia.com/forum/itr2-or-itr3-intraday-trade-1-loss-of-70-paise-615631.asp</link>
<pubDate>Wed, 8 Jul 2026 12:24:29 GMT</pubDate>
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HiThank you for your helpI reviewed my broker statement to see intraday sale entry for 70 paise loss. I used to file itr2..now should i file itr3 for this small amount or should i ignore. Please assist how to proceed. I am new to self filing my itrs. 👍You have a blesse]]>
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<title>Calculation of IT</title>
<link>https://www.caclubindia.com/forum/calculation-of-it-615630.asp</link>
<pubDate>Wed, 8 Jul 2026 11:10:31 GMT</pubDate>
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I am a resident retired Indian of age more than 80 years. My income is from Govt pension and interests of FDs and savings bank interests only.I opt for new tax regime.Under the above conditions, am I entitled to any deductions?If yes, to which deductions and the amount]]>
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<title>CA FINAL FR IndAS 33 Doubt(Corrected)</title>
<link>https://www.caclubindia.com/forum/ca-final-fr-indas-33-doubt-corrected--615629.asp</link>
<pubDate>Wed, 8 Jul 2026 10:23:20 GMT</pubDate>
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CA FINAL FR IndAS 33 Illustrtion 14(https://resource.cdn.icai.org/87838bos-280825-final-ch8-u2.pdf) :My doubt: Should'nt we be adding back ₹1,20,000 then reduce ₹27,338 for BEPS profit?as per IndAS109(FI), we should deduct finance cost at 9]]>
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<title>Clarification Needed: Reporting Accrued vs Paid FD Interest in ITR</title>
<link>https://www.caclubindia.com/forum/clarification-needed-reporting-accrued-vs-paid-fd-interest-in-itr-615628.asp</link>
<pubDate>Wed, 8 Jul 2026 01:30:30 GMT</pubDate>
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<![CDATA[
We usually file our returns using the fixed‑deposit interest shown in the AIS. My question is whether it is correct to file the return using only the accrued interest shown in the bank&rsquo;s annual interest statement, without including the interest paid. The reason I&rsquo;m asking is that the]]>
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<title>TDS on prize given to participants in Livestock show</title>
<link>https://www.caclubindia.com/forum/tds-on-prize-given-to-participants-in-livestock-show-615627.asp</link>
<pubDate>Tue, 7 Jul 2026 22:33:39 GMT</pubDate>
<description>
<![CDATA[
Various farmers are awarded cash prize for showcasing their animals in Livestock show organised by State Government...like best buffalo breed etc Will TDS u/s 194B of old income tax act 1961 be applicable on it?]]>
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<title>TDS related matter - 194 IA</title>
<link>https://www.caclubindia.com/forum/tds-related-matter-194-ia-615626.asp</link>
<pubDate>Tue, 7 Jul 2026 17:52:54 GMT</pubDate>
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<![CDATA[
Sir/Mam,I have purchased a flat of 69 lakhs in which bank loan is 55.2 lakhs. Bank directly pays the amount to the builder without tds deduction. Now I am paying the tds amount to govt from my pocket. Builder is saying tds amount will be adjusted in the last installment. No]]>
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