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Pankaj Saraf
27 April 2024 at 13:35

Installment Payment in Form 26QB

While In Under-construction purchase of property multiple installments are being paid. My Questions are
1. Where Multiple Purchasers are making payment (Say Agreement Value is 99 Lacs)
a. What will be Value of Property i.e. Complete Value i.e. 99 Lacs or as per Share of Ownership i.e.
33 Lacs.
b. In Subsequent Installments payments what will be mentioned in Previous Installments paid (Say total installment paid Rs. 33 Lacs coming to 11 Lacs Each owner)
i. The share of Installment paid by respective owner: or
ii. The total of Installments paid by all purchasers together


Venkatraman Iyer

Hello,
Please can someone clarify or guide me with regards to PE in India. What are the criteria's that should be met for establishing a PE in India by a Foreign Establishment. Are there any limits on travel by the personnel from Foreign Establishment.

Thank you in advance.
Regards


Mohammad Safwan
27 April 2024 at 00:33

Interest free loan to another trust

I have two trust. Can I give loan to another trust with interest free loan???

What will be it's tax treatment in both the trust

Kindly reply


Tamanna Kapoor
26 April 2024 at 23:06

Mediclaim Deduction for parents

If an assessee has paid for mediclaim premium of his father, however the father is the policyholder, insured and proposer of the policy, can the assessee take deduction for the same on the basis of mere payment of father's mediclaim premium or will the father here be eligible to take deduction.


Krishna
26 April 2024 at 18:11

Short term capital gain on equity.

Dear Sir,

Rina 30 female has equity short term capital gain for 4 Lakh and 20K
other income for FY 2023-24 then she have to deposit INR 60000 tax to govt on special rate @15% or there will be zero under new tax regime kindly help
thanking you!
krishna


Daya
26 April 2024 at 16:37

Sites to know regarding share market

How can I know, Knowledge Regarding share
ASBA purchase value of per share
Merger / Demerger / with Calculation procedure


Kalaivani
26 April 2024 at 11:04

TDS 24Q filing 4th quarter 2023-24

Sir, While filing 24Q in RPU version 5.1, in annexure II details, I have mentioned in 16iii, professional tax amt 2500 and in 16ia standard deduction 50000. While clicking the 115BAC as 'NO' automatically the professional tax paid mentioned in 16iii disappears. Number of times, I have entered but the same thing happened. I do not know the exact reason. Kindly help me in this regard


Md.Yacoob Shariff
25 April 2024 at 22:10

Gaital gains tax

Can the exemption under sec 54 claim from the long term capital gains, for the cost of improvement done in the self occupied property


kollipara sundaraiah

Sir,
It assessess maintained three business single proprietor
Question:
Assessess preparation finical statements balance sheet and profit and loss each one seperately or consolidated.


Stephen Marks

Dear Sir,
Property bought for 94 lacs bhought and paid on 06.03.24. The property still in valuation process for determination of stamp value. Should we have option to wait to pay TDS? as 30 days from the end of the month march is going to complete this 30.04.24. or proceed to pay for 94 lacs then later pay for balance if any