VITTHAL RAM

SIR THE DETAILS OF MY QUERY AS FOLLOWS

PROPERTY PURCHASE IN 2022. TWO BUYERS AND TWO SELLERS
SELLERS PROPORTION 58 % AND 42 % RESPECTIVELY
CONSIDERING TWO BUYERS VALUE OF CONSIDERATION IE AGREEMENT VALUE SPLIT EQUALLY BETWEEN TWO BUYERS
STAMP DUTY VALUE SPLIT CONSIDERING TWO BUYERS AND TWO SELLERS.
STAMP DUTY TAKEN AS EQUAL TO AGREEMENT VALUE
THIS IS LAST INSTALLMENT
STAMP DUTY VALUE OF PROPERTY NOT MORE THAN VALUE OF CONSIDERATION

TWO FORM 26 QB BEING FILLED FOR EACH BUYER
FORM 26 QB FOR ONE BUYER AND ONE SELLER ISSUE BEING ENCOUNTERED AS FOLLOWS
CONSIDERATION VALUE RS 5000000
AMOUNT PAID TILL DATE RS 2300000
LAST INSTALLMENT RS 200000
STAMP DUTY VALUE OF PROPERTY RS 2500000

THE AMOUNT ON WHICH TDS IS TO BE PAID IS BEING DISPLAYED AS 250000
TDS TO BE PAID NOW ON LAST INSTALLMENT IS RS 2000
SUBMITTING THE FORM 26 QB WITH ABOVE DETAILS WILL RESULT IN ADDITIONAL TDS DEMAND AS AMOUNT ON WHICH TDS TO BE PAID IS BEING SHOWN AS 2500000.
KINDLY GUIDE TO FILL THE FORM 26 QB CORRECTLY PLEASE


Suresh S. Tejwani
17 December 2024 at 13:32

REGARDING PROPERTY TDS

IF I MADE SINGLE PAYMENT FOR AQUISITION THEN IN FORM 26QB WHICH PAYMENT TYPE IS PREFERABLE..??


SHASHANK KUMAR SULTANIA
16 December 2024 at 18:16

Can HUF be partner

Hello,
One question that can HUF be partner in partnership firm? If yes, then can the karta of that HUF can provide the contractor service to that partnership firm in which HUF is partner?

Please guide 🙏


Sanjay Kumar Chaubey
15 December 2024 at 01:04

PTEC Maharashtra

No OTP on mobile receive during temporary profile validation. Mahagst.gov.in


Arpita Sen

Can a bank take the responsibility of distributing the money by demand drafts to all the legal heirs from an account where the first holder has expired and there is a joint holder, who is one of the legal heirs.


ARCHANA

Sir/Mam,

one person starting New business Chocolates and Pastries , what registration required for this business in small basis


Thanking you,


Rishabh Sharma

Can anyone please guide me which Schedule and Trade name to select while registering on chennaicorporation.gov.in for an architectural partnership firm in Chennai?

They are also in the business of operating franchise food outlets

For architecture work, the closest I could find was in Schedule - I as 'All kinds of engineering works' but I'd love to know from practitioners who are in Chennai who can perhaps better guide me in this


syed sadiq Pasha

We have deducted TDS amount 1% as per the sale deed.
we have received the short deduction letter.
Due to inoperative PAN department has raised notice to deduct 20% TDS.
Now seller have linked PAN with Aadhar then whom to send an email. anywhere in IT or TDS portal shall we update.


Suresh S. Tejwani
10 December 2024 at 13:01

Tds application

If we made payment of rs 10 lakhs in single cheque for construction in trust then tds is applicable or not? if applicable then under which section and what is the threshold limit for the same?


Aditi K
09 December 2024 at 23:42

NRI loan emi payment

Hi.
My sister is an NRI. Can she pay her education loan emi directly to her Indian Loan account? If not, should she open an NRO/ NRE account for this purpose? Also are there any tax implications. (The account will be used only for repayment of loan emi)





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