Dear sir, I bought one flat from the builder under construction (multi story). I am the second owner and builder transfer flat in my name. I paid the whole amount to1st buyer after deducting the 1% TDS.

After then, while filling each 26QB, I had mention in "total previous payment paid to builder" column, the amount I paid to 1st owner along with my part had paid to builder.

In every 26QB form during the payment, I made same mistake. form 16 B also generated. I need your suggestion what should I do. but whatever the amount I paid to builder, I deduct 1% TDS.
Regards,
Neeraj Rastogi
Noida

Whether Buy back shares full value consideration and cost of acquisition is required to include in capital gain schedule? If yes then how tax exemption shown in EI schedule will get reduced from total gain offered for taxation in capital gain schedule.
OR only profit is to be reported in EI schedule & No sale consideration , cost of acquisition is to report.

My Salary is Rs. 4.5 lakhs,
TDS: Nil,
PF Withdrawal Amt. 5,00,740/- ( Int : 70,280, Contribution: 4,30,460_in which equal amt of empolyer & employee included for the perid from 2019-2023 < 5yrs)
TDS deducted on PF withdrawal under 192A : 10%, i.e. Rs. 50,074/-
How can calculate liability of Tax for the AY 2024-25?
Plz help...thanks with regards

We are two joint buyer in a construction linked one property flat valuing 52 lacs , Before June2024, 95% payment was made , the value of property is 52lac. The TDS 1 % is deposited from the PAN no of ist buyer only m now last payment of 5% is also made .
So should we co may last EMI TDS 1% also with Ist buyer PAN no Forms26QB or both buyer can deposite the TDS , In case of second buyer earlier no TDS was deducted . Also also Form16 B was also issued to builder as per the TDS deposited form ist Buyer .


Yes declared another joint buyer .
But not aware of share of individual. As system is asking for total consideration value .

C4 - Salary Correction
Other special allowances under section 10(14)

T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.

gime solution any one

Hello,
I am planning to buy a property and wanted to pay TDS through the e-paytax in www.incometax.gov.in. When filling Form 26QB, the Seller PAN was requested. On entering the PAN of the seller, i get the message "Error : User ID does not exist, Please Retry ". I have checked for the correctness of the PAN. Due to this, the data of seller does not appear and i am not able to continue with the TDS payment.
Any information to resolve this issue will be very helpful.
Thank you.

Regards,
Sesh.

Sir,
A Doctor maintained a private hospital tax audit itr filed fees income rs:2 crores above.
Question:
Hospital registration mandatory udyam (msme)

T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'
I AM GEETING THIS ERROR WHILE SUBMITTING REVISED TDS RETURN

kindly provide object clause of photography studio partnership business

As a government employee with an opening balance of 4,100,000 rupees in my GPF fund at an interest rate of 7.1%, I invest 20,000 rupees monthly. I'm considering taking a loan of 20 lakh rupees with an interest rate of 10.80% for 6 years. Should I take the loan or withdraw the same amount from my GPF fund? I'd appreciate suggestions from an expert.