Hello Sir,

I have a query on Income tax treatment on PF full withdrawal for early retirement.

I had taken retirement at the age of 51 and currently i my age is 54. I had not withdrawn PF so that i can continue to get PF interest for past 3 years in my PF account.
I am getting around 6 Lakhs per year as interest so the past 3 years the interest accumulated is 18 Lakhs.
If i withdraw PF balance, will the interest of around 18 Lakhs for past 3 years after my retirement is taxable of it will be tax free on withdrawal and it will be taxable only if i further invest PF amount to various places.

Thanks
Rajesh

Dear Sir,

My query is as follows:
In December 2017, Mrs A decided to sell her flat for Rs. 50 lakhs.
Out of this, she received Rs. 10 lakhs. She entered into an agreement to sell the flat on 18-12-2017, and the buyer paid the stamp duty of Rs. 302700/- and registration charges of Rs. 30000/- on 18-12-2017, and agreed to pay the balance Rs. 40 lakhs in January 2018.

As decided, the buyer paid Rs. 40 lakhs, and the deed of assignment was registered on 20-01-2018, with stamp duty of Rs. 100/-.

So, my question is, for capital gain calculation purposes, is the date of sale the date of registration of the agreement to sell (i.e. 18-12-2017) or the date of the deed of assignment (i.e. 20-01-2018)?

Please guide.
Thank you,
Suraj

I want to know which AI is most helpful to generate replies for the income tax assessment and scrutiny notices.

we tio file ITR FY 2024-25
26AS shows cash withdrawal in section 194NF
AIS shows cash withdrawal in section 194N
generally 26AS ,194NF CPC will add the amount as income
how to proceed now
pl advise us

Dear Experts,

We received a demand in GST portal tru DRC 07 and we made the payment through
" Payment Towards Demand " option under " Ledger ". We made cash payment through Create challan and finally OFFSET the demand through the Available cash in the Cash ledger.
After this, we did not get any ARN. But, the demand, which was there earlier has disappeared now.
Is it all or is there any follow up action to be done by us ? Why no ARN has been generated ?
Pls. Advice.

Sir / Madam,
Our Company has owned one Ground Mounted Solar Plant and get commissioned the plant in the year 2023. While procurement GST rate was 70% of project cost @12% tax and 30% of project cost @18%. And we claimed and utilized the ITC. We are utilizing the full power units generation to our textile unit(Group Captive). Now we propose to sell the entire plant. Kindly advise us what is the correct GST tax rate

Query No 1:
whether 70% of the project cost @5% ( present solar modules tax rate is reduced to 5%) and remaining project cost (30% )@ 18% or

for entire project @ 5% tax rate as it is used and old.

Query No 2:
Kindly advise us whether our understanding is correct or not. While selling the plant we should have to reverse the ITC proportion distributed to 60 months as we are going to sell the plant within 5 years.

Kindly clarify that

whether we have to reverse the ITC proportion or no need to reverse the ITC we claimed on the project.

A lot of Thanks in advance,

With warm regards,
Bazeer L

Entire purchases of one of my client is from unregistered dealers and entire sales to registered dealers. How to show the purchases in GSTR ? Whether RCM is mandatory in this case ?

Namaskar Sir/Madam
My brother is an OCI card holder with a PAN He has does not have an aadhar card and has not filed returns in India for the last 30 years. His PAN is active but in inoperative state
Since he cannot get an Aadhar since he is not going to spend 180 days in India, how can he make his PAN operative
He wants to sell his house and wants to pay the applicable Capital Gains Tax @12.5
Can you kindly advice pls ?
Thanks

If I sell my site and use the proceeds to repay a housing loan on a residential property I have already own, can I claim capital gains exemption under Section 54F?

ONE MACHINERY WAS PURCHASED BEFORE 23.09.25 BEFORE GST RATE CHANGED BUT PARTY DIDNT TOOK BIILL BEFORE BUDGET RATE WAS 28%. NOW THEY ARE DEMANDING BILL WIITH 28% GST IN CURRECT DATE. WHAT IS THE SOLUTION NOW... THEY PAID US AMOUNT ALONG WITH 28% GST IN ADVANCE.