Jigar Morbia
07 February 2025 at 00:43

Typo in PAN Number in Sale Agreement

I have purchased home with 2 co-owners. There is typo on first page where seller and buyer details are mentioned i.e. for 3rd Co-owner typo in PAN number - instead of 9, type 6.
However, we have submitted the PAN and Aadhaar copy and also done the Aadhaar verification. PAN and Aadhaar is also linked.

From contribution perspective, made contribution from the respective co-owners bank account and TDS also deducted accordingly.

Is there any impact from Incometax perspective? Do I need to do rectification? Please guide.


Viral T
07 February 2025 at 00:31

TDS on Sale of Properties

We have purchased flat @ 135,00,000 with 3 buyers with share 70%, 22% and 8%. Buyer-1 has major portion and taken loan however need to pay TDS before that. He has made payment in 2 instalments - (a) 5L on 11-Dec-2024 and (b) 28L on 3rd Feb and remaining through Loan. While making TDS payment - Payment Type is Instalment and Lumpsum.

In this scenario I have following options -
1) Payment Type: Instalment / Lumpsum
If Instalment selected then

2) Whether it is last Installment - Yes / No [In this scenario Loan amount considered as last or the 28L considered as last payment]
(Note: If yes selected then only it allows to enter Stamp duty value)

3) Total amount paid/ credited in previous installments, if any (A) * [What amount be entered]

4) Amount paid/credited currently (B) * [What amount to be entered]


I have issued cheque on 31st Jan and cleared on 3rd Feb so I need to enter 3rd Feb only right? Remaining payment made after TDS deduction so TDS deduction date will be 31st Jan or 3rd Feb. While deduction loan amount payment is also considered...

Request you to help here..


deepak
06 February 2025 at 19:37

RCM relationship questions

One Proprietary company provide security services to his clients and issue RCM invoice. And Proprietary company file GSTR -1 and select button( supply attract to reverse charge) in GSTR 1. Query is that anything else required to do compliance in our side


lingam

Dear Sir ,

Kindly guide me the exact GST rate with for commercial vehicle given on monthly hiring for within the factory transport and outside the factory transport for both rules follows RCM and FCM with notification

We are registered as GTA service provider

Please help

Thanks and regards
Lingam


MATTA CHANDRA SEKHAR
06 February 2025 at 19:13

LTCG IN SHARES

Sir,

Please clarify:
Whether is it taxable if LTCG in shares exceeding the limit of Rs 1,00,000/- and below the taxable income(Assuming no other income)


NASEEMA Spro badge
06 February 2025 at 17:59

Declaration under gst

Is it necessary for pure restaurant or Pure hotel service providers to provide declaration as per Notification No. 05/2025-Central Tax (Rate) | Dated: 16th January, 2025 ?




TEJAS AGRAWAL

Whether we can generate e- way bill ? If Yes then how to generate e-way bill for goods already delivered??
(i.e my client has already delivered the goods by transport on 22/01/2025. but now they want to generate E-way bill please share the process )


Daya

How to download notice of any company issued regarding Bonus/ Split of share/ Merger or Demerger of shares/ Right issue or right Entitlemet.
Please reply


MATTA CHANDRA SEKHAR
06 February 2025 at 15:51

BUDGET HIGHLIGHTS

Sir,

Please share Budget Highlights.


Krishnapriya Pravin
06 February 2025 at 15:27

Ca final reregistration after a break

Hi.. i completed by GMCS by 2013. Ye to complete CA final
Is 15 days orientation compulsory for me?