r/IncomeTax_India

Hello guys.

I'm a content executive (consultant) for a company. My work is contractual and I get invoice bills.

Last year I filled ITR 1 mistakenly but still got the returns. To my understanding, I'm not a salaried person and I don't have employer-employee relationship with the company I work for.

Now, this year, I'm confused if I should file ITR 3 or ITR 4.

I get Form 16A from the company I work for.

Please help a fellow out.

I get a straightforward monthly payment and have no other investments. Still, should I consult a CA or can I do it myself?

Dear team members

We request for timeline for tax refund in ITR -2
Many say refund time depends on ITR NUMBER

WHAT IS THE EXPECTED TIME FOR ITR -3 And ITR -2

As the title says

One dividend of ₹12,500 is appearing twice in AIS, but my broker statement shows it only once. If this isn't corrected before filing, what should I report?

I earned ₹26 lakh as a software consultant from US clients and plan to file under Section 44ADA. All payments came through Wise. Can I still use ITR-4?

I received around ₹38,000 as dividends from Indian companies during FY 2025-26. My only other income is salary. Does dividend income affect my eligibility for ITR-1?

I already filed and e-verified my ITR based on Form 16 and some bank interest. Today I checked AIS again and noticed dividend income and a small FD interest entry that I had completely missed.

The additional income is only around ₹9,000, but I'm worried about getting a notice later for under-reporting.

Should I file a revised return immediately, or is there some threshold below which it's not a big issue? Has anyone dealt with a similar situation?

My only income is salary of ₹18 lakh and LTCG of ₹1.27 lakh from listed equity shares. I'm just ₹2,000 above the new threshold. Does that automatically make me ineligible for ITR-1?

I earned around ₹3 lakh from YouTube this year. Do I need GST registration or only income tax filing?

I bought company shares at discount through ESPP. Is the discount taxed immediately or only when I sell?

Looking for views from tax professionals/people who have dealt with a similar issue.

Facts:
AY 2024-25: I had no income under the head PGBP, so I filed ITR-2.
Before filing the return, I filed Form 10-IEA (Opting Out) on 20-Jul-2024 for AY 2024-25. The form was successfully e-verified and an acknowledgement was generated.
AY 2025-26: I had business income only because of F&O trading loss (non-speculative business loss) and a small intraday speculative profit, so I filed ITR-3 within the due date.
In the ITR-3, I specifically selected:
Form 10-IEA already filed in AY 2024-25.
Mentioned the acknowledgement number and filing date.
Selected “Continue to opt out of the new tax regime.”
Despite this, CPC processed my return under the new tax regime, denied all old regime deductions/exemptions, converted my claimed refund into a demand, and raised a demand of about ₹33.5k (overall impact ~₹1 lakh including refund).

Earlier, CPC had issued an e-proceeding seeking clarification regarding Form 10-IEA. I responded explaining that Form 10-IEA had already been filed, but the final 143(1) intimation still applies the new regime.
My questions are:

1. Has anyone seen this exact issue before?
2. Does filing Form 10-IEA in a year where there was no PGBP make it invalid when business income first arises in the following year?
3. Is this more likely to be a CPC processing issue or a legal interpretation?

Would you recommend:

1. Rectification u/s 154,
2. Direct appeal before CIT(A), or
3. Both (to protect limitation)?
   Are there any CBDT circulars, FAQs, tribunal rulings or case laws on this specific fact pattern?
   Would really appreciate views from anyone who has handled a similar matter.

Hi everyone,

I'm looking for some guidance on an issue with my ITR processing.

• AY: 2025-26
• ITR: ITR-3
• Business income: Yes (intraday trading)

I had opted out of the new tax regime by filing Form 10-IEA in AY 2024-25. My understanding is that once Form 10-IEA is filed, it does not need to be filed again every year unless I choose to switch back to the new regime. I have filled same details with Form 10-IEA acknowledgement in the ITR 3 form.

However, while processing my AY 2025-26 return, CPC has sent the following remark:

>On perusal of the Return of Income filed, you have exercised the option of  "Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed. However, the Form 10IEA has not been filed under sub-section (1) of section 139 for furnishing the return of income. Hence, your return of income will be processed as per the provisions of section 115BAC (ie., under the new tax regime) and deductions/ exemptions and tax rates as per the said provision will be allowed. 

This is confusing because I had already filed Form 10-IEA in the previous assessment year.

Has anyone faced a similar issue?

• Is this a CPC processing error?
• Is the correct next step to file a rectification request, or do I need to raise a grievance or file an appeal?

Any advice or similar experiences would be greatly appreciated. Thanks!

​

I have around ₹12,500 tax liability on LTCG from a Gold ETF. While filing my ITR, I noticed that if I report it as STCG under "other than equity", the tax becomes ₹0 because it gets taxed at my slab rate.

Will the Income Tax Department detect this through AIS/Form 26AS or broker-reported data? Has anyone faced scrutiny for a similar mistake?

Edit: This wasn't my plan. It was suggested by the CA, who is charging ₹2,000 to file my return. When I asked him how he was saving the tax, this is what he replied. I'm just checking whether I can trust him or not.

this is my first time filing itr i don't know how to file and what to do i am reading about the itr thing , i have received total of 11.8 lakh income in the prev financial year how can i file the itr which one should i file i haven not provided services as such it was just from various people from different countries how should i pay my taxes my net income after all my interests is being 11.9 lakh what should i do ? please help i am still in college

My company RSUs vested this year, but I did not sell them. Why is tax already deducted from salary?

So I'm new to the ITR filing process and this is the first time I'm falling into the taxable income slab. Ideally I shouldn't have but turns out my dad had done some FDs on my PAN. So the interest on income is making me go above the safe limit and there's just enormous tax which I hadn't planned for. My question is if I modify the interest by tens of thousands, will I be penalized in any way? What will be the repercussions?

For fellow CAs and Articles,

During tax season, one of the most repetitive tasks in our office was manually logging into multiple client accounts just to verify whether their ITRs had been e-verified successfully.

To solve this, I built a small Python-based tool that automates the entire process.

How it works:

• Upload an Excel file containing client credentials.
• Select the relevant Assessment Year (AY).
• Run the tool.

The script automatically logs into each account, checks the ITR verification status, records the result, and moves on to the next client—no manual login or status checking required.

What used to take us several hours (sometimes an entire day) now gets completed in a fraction of the time. More importantly, it has removed a lot of the stress and uncertainty around verification follow-ups during peak filing season.

Curious to know if other practitioners face the same challenge, and whether a tool like this would be useful for the community. Happy to discuss the approach and implementation.

PS: The tool runs entirely on your local machine. Any client data, login credentials, and verification results remain on your device and are not uploaded to any external server. The automation is performed locally through Python, so no client information is transmitted or stored outside your system.

I did small intraday trading and made a loss. Do I need to file ITR-3 just because of this?