Suppose my seller and I had an agreement on 4th August - property value - 70 lac
And on the same day I paid an installment of 10lac (didn't deduct tds- credited full amount in his account)

And now 60lac will be paid (40 by home loan nd 20lac by me ) on date of property registration ie 3rd October


Presently current date is 15th sep

(I still have time to file 26qb ie tds payment to govt - last date 30th sep(31st August(4th August month lastdate) + 30 days))
How to go about it - should I file 26b today with 10k and 60k 26b on 3rd October and deduct 60k+10k=70k from the seller while paying him 60lac remaining together on 3rd October


Or
I just don't do anything and deduct tds 70k =60k+10k on 3rd October and just file 70k lumpsum 26qb on same day and just ignore that 10lac was actually paid as installment earlier


And if I do it now 10lac has been credited so should I consider it 99% and now since 10lac is considered 99% my tds amount will be in decimal which makes the whole process cumbersome


And mind I have not yet added that seller and buyer both are joint owners



And last isn't it logical that I just file 10k now and then 60k later irrespective that I paid full amount of installment to seller as I can take the tds from him while making the final amount
And just pay govt the tds for now from my account (I can reimburse from the seller)

Dear Sir,
I have purchased a tempo which i have given on rent to supply of gas cylinders. They are paying me Rent of Rs 18000 p m. Sir I have paid Rs 167000/- gst on the purchase of Tempo. I am registered under GST. Can i give GST invoice and claim itc of Rs 167000/- . Can you provide me the SAC code and Rate of GST to be charged.

Hi , We pay municipal Tax on Self occupied property
Can we claim it under income from house property and claim in let out property
Rent received
Less Municipal taxes for both sop and lop

Here municipal taxes means only for let out property or both sop and lop

Plz may I know the correct answer !
Thank you so much in advance !

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Sir/Madam

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(a) Any sum paid to an employee as bonus or commission for services rendered, where such sum was otherwise payableto him as profits or dividend [Section 36(1)(ii)].

Dear all a company pay bonus under long term incentive plan every year , lets say 10 lacs is LTIP which will be paid to employees 15%, 25% , 30% & 30% respectively in 1 to 4 years.

Do we need to disclose the same in clause 20 for tax audit ??