Hello

Should TDS @1% be deducted u/s 194IA if X is buying an under construction flat from Y for Rs 60 lakhs which possession is an year away . In your opinion, what Y is selling is his rights to acquire a property or the property itself ? The property title still vests with the builder before registry of the flat . Please share your insights.Thanks

Dear Sir / Mam, one of my client operating real estates business
his projects start before 01/04/2019 he is charging 12% on flat sales, he is claiming ITC on purchased, he has opted for Old regime only, out of 25 flats he sale 12 flats by entering sale deed & development agreement & from 13th flat they have given sale deed to customers with out entering any development because they had received completion certificate ,
please confirm in the present case , developer to liable to receive 12 % or 5 %

Hi Sir,

One of my friend completed B com graduation two years ago having expert knowledge in taxation. He wants to start business to provide taxation services. is there any mandatory qualification to become tax consultant. is there any prohibition/restriction to use the word Tax consultants in name of the proposed business and the word tax consultant beside his name.
Please Suggest

Our company's Land/ plant & machinery, building, cwip take over by assets reconstruction
company against their loan not paid by us of Rs.8 crore.
neither we have not recd. any consideration nor make any supply .
We have reduced our gross block against loan value of rs. 8 crore

whether we have considered in gst turnover for file gstr9, however , other than assets value turvover in NIL
please reply urgently
Regards
Rajeev

Dear All,

We are an LLP organisation. I have received a purchase bill of December 2021 month in the month of February, 2022. The bill date is 20/12/2021 and received for entry on 22/02/2022. My question is what date should i consider the purchase bill for i.e should i entry in the month of December, 2021 as on 20/12/2021, or can i enter in the current month i.e in the month of February, 22/02/2022.

As far as my knowledge is concern, i can enter it in the month of December, 2021 as i can claim the ITC till the filling of Annual return for Financial Year 2021-22.

Please clarify,

Thanking you.

Sir,
A Gst registered regular scheme sales turnover rs:1.89 lacs in f.y.20-21
Question:
1.Dealer Annual return Gstr9 filed compulsory in f.y.20-21
2.Dealer accounting records maintained mannual presently accepted or computersed compulsory in gst act.

can we take ITC as per 2B for Goods in Transit?
means return filed by supplier & goods dispatch but in transit at end of month, in this case can we such itc in 3b for said month or in month of actual receipts of goods.
if availed in receiing month then there is diff in 3b vs2b.

regards
Arvind

Sir
Can you kindly clarify in GSTR09 in Column No.06 which figure we have to take? as per Books or as per 3B for bifurcation.


Thanks in Advance

my basic wages was shown at the time of UAN generation Rs 11400/-, from last 6 month my EPF joining date shown but EPS joining date Not Available.
When I am trying my missing data update through Employer's Portal then One error shown that " you are not eligible for pension scheme.
Please help me what should i do?

dear sir
we sold ancestral land in village.i got 67505/ as share , deposited in capital gain account scheme in SBI in 2015 dec.for 3 years as FD .it was not encashed by the bank IN 2018 ,hence again continued for 3 years as FD.Now i got it as savings account type A. I HAVE TAKEN OUT 25 000/ on 1/1/22.i want to close the capital gain account in SBI.i am depositing 20% tax to close the account.will it need ITO APPROVAL .OR JUST TAX 20% RECEIPT IS ENOUGH FOR SBI to close it.ITO APPROVAL IS MUST OR NOT.PLEASE ADVISE SIR .THANKS