Dear Expert,

Our client Purchase Land(NA) for Rs. 5cr from a seller Mr A and Mrs. B (50%share Each). and Requested to credit amount in Mr. A Bank A/c.

I have a Querry
Should i deduct TDS @1% on 5cr on Mr. A PAN
or
Deduct 1% TDS on 2.5cr each for Mr A & Mrs. B PAN
Kindly Help

Residential Real Estate Project:
Tri-party Agreement (Parties Involved: Landowner, Developer, and Construction Company)
The construction company raises bills to the developer with GST. Both the construction company and the developer are registered dealers.
The total construction area is shared as follows: 75% by the developer and 25% by the landowner.
Now, the landowner receives 25% of the constructed area as his share for providing the land for the project.
Question No:1
If the landowner sells the houses during construction (before obtaining completion certificate) and gives the power to the developer, then the developer receives the amount on behalf of the landowner and hands over the amount to the landowner after deducting the GST amount.
Here, we have a doubt regarding whether the landowner needs to take the required registration certificate under the GST Act and to pay GST or not necessary.
Question No: 2
For the development rights, we understand that GST is to be paid under the reverse charge mechanism (RCM) at the time of completion of the houses and handover to the landowner. However, in the situation mentioned above (where the houses belong to the landowner’s share), if the houses are sold during the construction period, what will be the taxability of the development rights, and at what rate GST to be charged? Who is liable to pay the tax? Whether developer have to raise a bill for the development rights apart from regular bills for constructed appartments (25 share) to the landlord.
In the above situation, the GST is payable at what percentage, when to pay, and who is liable to pay?
1. For development rights
2. For the transfer of completed houses
3. For houses sold during the under-construction period
Our Assumptions:
For the development rights, the developer raises a bill to the landowner and pays RCM @ 18% on the value of the houses (completed houses) at the time of handing over the houses to the landowner. During the handover of the houses, the developer raises bills to the landowner and collects 1% or 5% of the value of the houses. Is it correct?

if an assessee wishes to opt out of presumptive (44AD) to regular books after filing in presumptive for 4 years
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Query 2: If we file a tax audit return for this financial year, should we file tax audit return for successive years also even though the turnover is lesser than the tax audit limit?

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Dear All,
I'm in receipt of a tax invoice specifying all the following service provided by a CHA namely Eastern Liner Shipping Pvt. Ltd. :
1. Administration Charges
2. Equipment Maintenance
3. Terminal handling Charges
4. Washing & Cleaning Charges
5. Mandatory User Charges
6. Off Dock Trans Charges
7. Survey Charges
8. MOBILE X-RAY CNTR SCAN CHARGE
9. Survey charges
10. Documentation Charges

Please suggest whether TDS is applicable or not! And if "Not", they please elaborate the reason.
Awaiting your valuable feedback.

Thanks & Regards
Rahul Singh

Indian having American Citizenship and filing returns in American who is having incomes in India.
While filing the returns for Indian Income whether to show american anywhere in Indian return.

Dear All,

I am registered person under GST in Gujarat. I got work order of foundation work in Maharashtra. Recipient is also registered under GST in Maharashtra.

What is the place of supply in the above situation? What should I charge in bill SGST/CGST or IGST?

Do I need to take separate GST registration in Maharashtra to perform work order?

Thanking You
Nirmal Dave

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Sir,
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