Mahesh, a resident individual aged 45 years earned a salary income of 2 crores during the F.Y. 2025-26. He also earned dividend from unlisted shares…
CA Intermediate · Taxation · MTP · May 2026
Mahesh, a resident individual aged 45 years earned a salary income of 2 crores during the F.Y. 2025-26. He also earned dividend from unlisted shares amounting to 4 lakhs. He wants to file his return of income for the A.Y. 2026-27 through a Tax Return Preparer. Can he do so?
Suggested Answer and Working Notes:
Since Mr. Mahesh is a resident individual, not being a company or a person whose accounts are required to be audited under section 44AB for the P.Y. 2025-26, and therefore he can file his return of income for A.Y. 2026-27 through a Tax Return Preparer.
Topics: Paper 3A: Income Tax Laws, Paper 3B: Goods and Services Tax
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