Is PF Interest taxable beyond 2.5 Lakhs for entire contribution or excludes employer contribution ?

Hello, I am purchasing under construction apartment in my minor son name. 3 instalments already paid to builder using father PAN number. But i will be registering the property in minor son name. Now when I pay the next instalment, should I pay 1% TDS on minor's PAN or pay the TDS on father name. Father's salary is the source of income for the purchase of this property.

I have some clients running partnership business whose turnover falls less than 10 lakhs per year and who has not filed income tax returns for some years. If the assessing authority issues notices to them to file ITR in clear tax will they be eligible to file their ITR u/s 44AD?

Can anyone give me correct information as to whether the interest amount received by a central govt. pensioner on the delayed payment of gratuity is taxable or exempt as retirement benefits . thanks

Dear Sir,

One of my client earns Commission income on Sale of Tractors. His TDS gets deducted U/s. 194H on this income. Can his return be filed under Presumptive Taxation scheme as his volume of business is not much. His Total Turnover is around Rs. 5,50,000/- p.a.

Please help me in this matter.

Regards,
Divyesh Jain

Sir,
Mr A & Mrs B both purchased an Office & agreement registered on 15/2/23 for Rs 70 lacs. The Ready Reckoner Value of which is Rs 75,10,000/-.Mr A has paid Rs 39 lacs & Mrs B has paid Rs 31 lacs respectively for the said office.
My query is whether TDS on Property Rs 75,100/- is to be paid as follows
Rs 39,000 +2841 = 41,841/- by Mr A or 37,550 /-(equal share)
Rs 31,000+ 2259 =33,259 /- by Mrs B or 37,550/- (equal share)
---------
75,100/-
( on bal Rs 5100 (75,10,000 (-) 75,00,00 in the ratio of their investment 39 lacs :31lacs ie 55.71% or 44.29%

Please clarify what amount of TDS on Property Mr A & Mr B respetively has to pay.
Regards,

MY REFUND NOT RECEIVED IN BANK A/C BECAUSE BANK A/C NOT VALIDATION AFTER I VALIDATE BANK ACCOUNT AND CREATE Refund REFUND REISSUE ON DATE 1.2.2023 BUT THIS IS PENDING.
in how much time it will be accepted

MR. A HAS 3 SONS AND 3 DAUGHTERS AND THEIR DAUGHTERS ARE MARRIED
CAN MR. A FORM HUF AND CAN MAKE THEIR DAUGHTERS AS MEMBER IN HUF

(NOTE : DAUGHTERS NAME ON PAN HAS BEEN CHANGED WITH THEIR HUSBAND NAME)

If I prepare a separate balance sheet for the Properetory firm and personal, which balance must I show in 44AD?

Proprietor Firm balances are mentioned below.
Cash 30000
Debtors 28000
Creditors 12000
Stock 7000

Personal balances are mentioned below.
Cash 16000
Debtors 0
Creditors 0
Stock 0

44AD case is applicable to business then should I show the Proprietory firm balances in 44AD?

Hello
I require the statutory auditor certificate for NBFC of RBI format.
New one..
Let me know what items of balance sheet come under financial assets and financial income.
Pl provide.
Regards