If a buyer purchases a property and makes 60% payment to the property owner and 40% payment to the property developer, is TDS required to be deducted on payments made to both the property owner and the property developer?
Is TDS required to be deducted on payment made to property developer , if yes then under which section?
I am a wholesaler of Raw Tobacco. What is the implication of the new notification no. 19/2025 dated 31/12/2025.
how to raise an invoice and how to show the excise?? Weather I have to apply for excise registration?
GST registration of casual taxable ended on 21st December 2025.
Can it raise sale invoice / credit note / debit note during December till 21st December 2025?
Sir /Mam,
One company raised invoice on 30/12/2025 , we are paying 2nd December so which date considered in TDS payment December or january
Please clarify to file tds returns and tds payment invoice date of payment date which is important
Thanking you,
Import clearing & forwarding agent raise his two bills
, 1) Purely reimbursement expenses bills
2) Only his Agency charges.
On first No. There are various bills of reimbursement.
We accounted following.
Dr. clearing & forwarding expenses, Dr. Gst input & credit to clearing forwarding agent.
In reimbursement bills there are numbers of parties.
It is not possible to make each entry separately and again nullify the same party account. Because we make payment to C& F agent not reimbursement party.
While taking gst input we maintain reimbursement party data in excel, for taking reference to verify gst input according to gstr 2b
My question,- According to gst rules / Act is it mandatory to incorporate in books of accounts each party details for input . Is there any contravention.
If yes under which section / rule
One person is doing GTA services and also manufacturing activity in the same State under the same PAN.
Can both activities be covered under a single GST registration?
Or is separate GST registration required for GTA and manufacturing?
my clint pay Rcm on commericial Building rent .This Building use for exempt goods supply. can i claim itc on pay rcm on rent. plz help me with Related section and law
We got the possession of an apartment in April 2017 and was rented out . The rent was accounted in my wife’s name and accordingly ITR filed , But later on 4/9/23 the apartment was Registered in My wife and my name jointly .
Now we propose to sell the apartment and if so which date has to be taken for assessing capital gains . Further how to account for the proceeds …in wife name alone or both names as mentioned in the sale deed .
Kindly advice
Hello All,
I own an Apartment which was registered yointly with my wife in october 2001 The sale deed shows only 3.85 Iakh — UDS only (guideline value 4.70 lakh) and the Total payment was 18 Iakh. I am a senior citizen and like to sell off this apartment and settle down in a temple town. have already purchased a 1BHK apartment in Joint names by using my Fixed deposits (25 lakh) —
registered in May 2023, and payment completed in October 2024.
we have found a buyer going for a bank loan and mostly the sale would be completed for 55 lakh in Mar—April 2026.
also would like to get expert opinions for
1.How to calculate the Long Term capital Gains and cost of indexation.
2. reducing the capital gains tax
3. process of showing these details in ITR and claim TDS on the sale.
Thanks in advance,
A retired 66 year old person invested a part of terminal benefits in bank deposits five years ago. This is maturing this month only.
Considering risk and safety criteria for this retired person, where should he invest to earn best possible return?
Regarding Property TDS