This Query has 1 replies
Under Portuguese Civil Code Income needs to be apportioned between husband and spouse equally
My question is TDS deducted needs to be apportioned equally or each husband and wife will take credit of TDS as per their individual 26AS ?
This Query has 1 replies
Hello Experts
we are engaging the business of Integrated logistics & distribution along with the 3PL services, car transportation and warehouse services.
I would require clarification for registration as Common Carriage under the Carriage Road Act, 2007 read with Carriage by Road Rules, 2011.
is this registration mandatory?
what would be the Implications, consequences and penalty if we are not registered under this act.
This Query has 1 replies
Hi,
I need clarification regarding the filing of Form 141 for a jointly purchased property.
Example:
Property Buyers: Myself and my wife (joint buyers)
Current instalment amount: ₹10,00,000 (dummy amount for illustration)
Payment: I alone have paid the entire ₹10,00,000 instalment.
My wife's contribution: ₹0
Agreement: Both of us are mentioned as buyers, but the Agreement for Sale does not specify any buyer-wise percentage or proportion of consideration.
While filling Form 141, the portal asks for the “Proportion of total sale consideration to be paid/credited by the buyer (%)”, and the proportions of all buyers must total 100%.
Could you please clarify:
What percentage should be entered for me and my wife?
Should I enter 100% for myself, since I paid the entire instalment?
If my wife paid ₹0, how should her share be entered, especially if the portal does not allow adding a buyer with 0%?
Does my wife need to file a separate Form 141 using her own PAN, even though she did not make any payment towards this instalment?
How should the ₹10,00,000 instalment and corresponding TDS be allocated between us?
Please advise on the correct procedure.
This Query has 1 replies
My cliets Agriculture land And sum Non Agriculture land aqire for Road Development and receve compulsory land acquisition compensation from authority including 12% interst amont,
so what treetment regarding Agriculture land , Non Agiculture land, And Interst
This Query has 2 replies
RESPECTED SIRS
MY QUERY IS AS FOLLOWS:
I was under the old tax regime in March 25 but in March 26 inadvertenlty without withdrawal from the old regime and without opring new regime I have filed my ITR in new regime. What to do in such a case.
This Query has 1 replies
Dear Sir,
We gst registered organisation Sales Scarp Less than 10000 to Unregistered Person.
Can it requied to Tax Invoice or Same on That TCS Applicable ? it yes Rate of TCS ?
Thanks.
This Query has 1 replies
Hi All,
Recently someone advised me that while submitting letters / applications to Aayakar Seva Kendra (ASK) or tax counters, it has become a standard practice for leaving a clean top margin or blank space of about 2 to 2.5 inches on physical letters for ASK’s official endorsements, inward stickers, barcodes, or thermal acknowledgment stamps.
Is this correct? Are you all following this practice?
Is it mandatory or pragmatic?
Thanks
Niki
This Query has 1 replies
OUR IS CHARITABLE TRUST REGISTERED UNDER TRUST. OUR DONATIONS IS 250000 AND EXPENSES ARE 240000 WE HAVE SURPLUS 10000. SHALL WE FILE AUDIT REPORT OF 10BB/10B FOR THE AY 2026-2027
This Query has 1 replies
Sir
Date of acquisition of the building was found from letter of permissible possession which allotted 10 years before to a govt Company by the Govt. However the document was not referred any monetary consideration/value. So nothing entered in the asset register at that time. Now if we entered it into asset register what will be the value of the building?
Does WDV under ITAct will be the value?
Regards
Abhijit
This Query has 3 replies
"I purchased goods from a party and now, after two months, I want to sell the same goods back to the same party. Can I issue a new GST invoice for this sale, and will there be any issues from the GST department?"
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