Aman

Dear Sir,
Person A has booked a property with builder for 82 L but did not register post possession. Now A wants to sell it to B for 1.6Cr. Since the property was not register there will be a tri-party agreement (between A, B and Builder) to transfer the property from A to B.

Builder will only register it to B for 82 L which is original price equal to circle rate.

A will get 1.6Cr all in white (less TDS 23.33 % since A is NRI) from B.

is it legal? will there be aby scrutiny by IT dept on the balance 1.6cr-82L for loss of revenue?

Please confirm.


BARUN
14 July 2023 at 15:47

EPFO Higher Pension

Our company is under CIRP.
Actually we applied in NCLT , NCLT appoint RP . SAP has been closed.last 5 year. Case is going in NCLT till now. No employee record available, but certain employee has applied for higher pension. In this situation as a employer what to do is it rejected , if yes what reason. If any other way.
Pl mail bchabri@rediffmail.com


gauri agrawal

Respected experts.
Advance rent is received in feb 23 for month of may and june 23. Gst registration taken voluntarily in may, registration granted w. e. f 1.06.2023. As per my understanding no gst has to be paid for both may and june as in may we were not registered and for june time of supply will be when advance is received.
Please guide me on this.


Mahabir Prasad Agarwal

Sir, If I take housing loan from a bank and continue to pay my EMI regularly. In addition to EMI, if I want to refund a lump sum amount also in regular interval, whether It is allowable or not ?


binu sukumaran
11 July 2023 at 18:31

Exit from service in PF

Dear sir. One of my client resign from service after 10 year of service. As per information company that it will take 1month time to show date of exit in pf portal.
While checking in employees login such details not showing. They further says that the made exit in PF it will take 1 month to reflect in pf portal and 2 month time for withdrawal from money from pf. Iets me know is this is correct? And exit from service update employer or employee.
My friend says that employee can update exit from service.
Please advise


H Thakar
11 July 2023 at 13:01

Petro Miles Redemption

I am having Fleet of vehicles and I use BPCL Petrocards for fuelling refuling the same on regular basis. On every fuelling i earn some petromiles and the same gets accumulated. Recently i have redeemed the amount. Say Rs 10,000/- . The same is credited under Rewards in BPCL Portal.
Further the same amount can be only used for further fuelling.

Shall i treat the same as Other Income. As the same at end of the day will be utilized and the balance will be Zero


Vishal Kumar
10 July 2023 at 15:38

Transfer of EPF

I was working with an organisation which was part of EPFO.
Now , I have joined new organisation which is having private trust and not registered with EPFO.
I am trying to get my PF balance from previous employer transferred to my new organisation but previous organisation is not able to transfer the same since my current organisation is not registered with EPFO

Is there any way to get transfer done?


shanker

My self Priyanka Masand,
I cleared my CA Intermediate exams on May 23 but my articleship was over in the month of Feb 23.

My question is, am I eligible for CA final exams on Nov 23?


Kulsum Khanum

Under an ELS scheme, can an NBFC business give a loan to the other company's or its umbrella company's employees?


Amanpreet Kaur

hello sir my form 108 is approved by ICAI yesterday. but there is a delay in form 107 submission beyond 60 days. So, do I have to submit 102 & 103 with 107 form ? what will be the Date On Which Supplementary Articles Of Apprentice Is Made? please answer this query as soon as possible.

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