TARIQUE RIZVI
27 August 2026 at 18:12

HOUSING LOAN ISSUE

RESPECTED SIR

THIS IS ALL ABOUT AY 2026-27 OLD REGIME
=============================

INTEREST ON HOUSNG LOAN SHALL BE DEDUCTED FROM THE HOUSE AND PROPERTY INCOME WHICH WILL REFLECT IN MINUS ( ALLOWABLE UPTO RS 2 LACS ) IN FY 2025-26

AND

EMI PAID SHALL BE CLAIMED UNDER SECTION 80-C ( IS THERE ANY LIMIT OF DEDUCTION OF EMI) IN FY 2025-26

AM I RIGHT SIR


MAKARAND DAMLE
27 August 2026 at 12:44

Portuguese Civil Code IT Return

Under Portuguese Civil Code Income needs to be apportioned between husband and spouse equally

My question is TDS deducted needs to be apportioned equally or each husband and wife will take credit of TDS as per their individual 26AS ?


Hanif Kadiwal

My cliets Agriculture land And sum Non Agriculture land aqire for Road Development and receve compulsory land acquisition compensation from authority including 12% interst amont,
so what treetment regarding Agriculture land , Non Agiculture land, And Interst


TARIQUE RIZVI
25 August 2026 at 17:08

OLD REGIM AND NEW REGIM

RESPECTED SIRS

MY QUERY IS AS FOLLOWS:

I was under the old tax regime in March 25 but in March 26 inadvertenlty without withdrawal from the old regime and without opring new regime I have filed my ITR in new regime. What to do in such a case.


niki


Hi All,

Recently someone advised me that while submitting letters / applications to Aayakar Seva Kendra (ASK) or tax counters, it has become a standard practice for leaving a clean top margin or blank space of about 2 to 2.5 inches on physical letters for ASK’s official endorsements, inward stickers, barcodes, or thermal acknowledgment stamps.

Is this correct? Are you all following this practice?
Is it mandatory or pragmatic?

Thanks
Niki


Chandra Kala
25 August 2026 at 12:52

FORM 10BB/10B REQUIRED OR NOT

OUR IS CHARITABLE TRUST REGISTERED UNDER TRUST. OUR DONATIONS IS 250000 AND EXPENSES ARE 240000 WE HAVE SURPLUS 10000. SHALL WE FILE AUDIT REPORT OF 10BB/10B FOR THE AY 2026-2027


mahi devta

I have sent itr to cpc and delivered in due date of ITR verify through speed post, india post but portal ITR status not updated. Today is due date verify of ITR. I have submitted greviance attach enclosure receipt of India post office (speed post)


Mahabir Prasad Agarwal
24 August 2026 at 12:58

Partnership firm under Section 44AD

One of my client, a partnership firm, having a annual turnover of 45.00 lac. Whether he can declare his income u/s.44AD ? If yes, whether salary and interest to partners may be deducted from the income ?


Asif Ali
23 August 2026 at 19:20

Tax Audit Mandatory or Optional

Dear Sir,
Last A.Y. 2025-26 maine tax audit karaya tha turnover 1 crore 70 lakh tha jab net income 7 lakh tak tax liability exempt thi aur NP ration 4.05 tha. Lekin is current A.Y. 2026-27 mein turnover 1 crore 56 lakh hai aur aur income 12 lakh tak tax liability nil hai....
Mera question yeh hai ki last year audit karaya tha itr3 file hui to kya is baar 44ad mein itr file kar sakte hain kya NP ratio 6.65 ke sath.?


mahi devta

i have salary income and filled income tax return ay 25-26 with old regime. i have business income ay 2026-27 and want to file return with new regime. is it necesary to file Form 10-IEA? and if i files 10IEA what effect comes?






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