What is Time Limit to Revise Tax Audit?

URGENT!!!!
I have 4 clients who together have invested in a Real estate colony (Converted a large agricultural land to residential plots) , but the title deeds are in the names of 4 third parties. My clients want to control the sale process and receive payments directly.

Plan: Create a partnership firm (owned by clients) and take registered Power of attorneys from the land owners. The firm will act as an agent, sell the land, collect proceeds in its own bank account, deduct its commission, and remit the balance to the third parties at year-end.
Capital gains tax will be deposited in the names of the third-party title holders only.

Example: If a plot is sold for ₹100, the firm collects the full ₹100, deducts ₹10 as commission, and remits ₹90 to the land owner. This is repeated for all plots, and settlements are done annually i.e Rs 90 will be remitted back in third party's bank account.
The goal here is not tax evasion but just to take the token amounts and sale proceeds in client's account so that they are not dependent on third parties to collect the money.

Is this structure valid from Income Tax and compliance perspective? Any risk of the firm being taxed on the gross receipts?

In Financial year 2024-2025 as per broker book sale of securities (shares) value is Rs.5,00,000/- and buy of securities (shares) value is Rs.4,50,000/- in short term PNL report, but AIS Report from IT shows Sell Value is 3,60,000/- and Buy Value is Rs.1,05,000/- so, what I will do further. How can I fill IT Return

We received Notice u/s. 92CA(2) of the Income Tax Act, 1961 – Computation of Arm's Length Price-
Assessment Year 2023-24 on 07/04/2025.

My question is, wheather this notice is considered as time barred notice or not. Because it is issued after compltion of 2 years from the end of relevent financial year i.e FY 2022-23

I think Due date for issuance of this notice is 31/03/2025. Am I correct ?

I had deposited excess TDS on Rent. Subsequently I had filed refund request. Now dept has asked me to submit Indemnity Bond. Can someone provide me the format in pdf format.

I have given loan to a proprietorship firm .what is tds rate for fy 2024-2025. Is there any threshold limit on interest amount? Is tds rate same for proprietorship firm or partnership firm? Please clarify?

Dear Experts,

TDS for rent exceeding Rs 50,000/- has been paid at 5% for FY 2024-25. Challan Form 26QC has been paid. However Form 16C has been issued considering 2% since date of deduction is 31st March 2025.

Please advice if we can apply for refund for excess TDS paid.

Regards,

Indian Company: ABC PVT LTD (Turnover 1500 Cr. INR)
Dubai Company: XYZ FZE (Turnover 500 Cr. INR) (Fully owned and managed by ABC PVT LTD from India)
As per POEM rule, XYZ FZE has been declared as Indian Resident.

Question:
If XYZ FZE is paying to any NON-RESIDENT, is it required to deduct TDS or is it required to collect form 10F, No PE Certificate and TRC?
Why such question?
XYZ FZE is located in Dubai, Service provider is located in other country (let's say Europe) and but since the XYZ FZE is indian resident as per POEM rule, all income tax act provision will apply to XYZ FZE.
Now, if we deduct the TDS then it will be like, Dubai entity is paying to Europe (assumed) entity in foreign currency after deducting Indian TDS. Will that be accepted by the supplier of service or the Government of service provider?

Kindly provide the justifiable solution to this issue. What is the right treatment to this transaction? Should the TDS be deducted or not?

Dear All,
Kindly let me know, if my wife received Rs.2,00,000/- in cash from my father (Her father-in-law) will it be taxable or not.
Thanking you
Regards

Sir,
Can someone please help?
My question:
My residential address has been changed within same state but in different city although it's not parmanent address. How can I migrate my PAN to a new AO in changed jurisdiction from existing AO where I used to live ?
Thanks