1. A person owns a two bedroom flat in a co.op society.
2. The conveyance deed has been executed. Hence the land ownership is with the Society.
3. A builder approached the Society and offered 30 % additional area to each existing flat owner, if the Society enters into a Development agreement.
4. In addition, the builder offered Solar panel system, battery back up for the lift, rent for alternative accommodation, and shifting charges.
4. There was no offer for any other monetary compensation, except where a flat owner opts for not availing 30 % area offered by the builder.
5. In such cases, will the provisions of Sec.45(5 A) apply attracting capital gains for any flat owner,either opting for additional 30 % or accepting compensation for NOT availing 30 %.
Your views are solicitated, preferably with decisions of Court.

What about UPAS LC? Should it be required to book the UPAS payment in the book as well? UPAS payment is not in our control. Confirming Bank discounts the bill with some other banks and disburse the payment to beneficiary. LC liability lies with confirming bank until it matures. And upon maturity if i do not book the liability to to my book, will that be a problem which may trigger restatements of the previous accounts?

Hi ,Could you please provide clarity on acceptance of virtual address as address for the purpose of registration of a company by MCA /any other statutory body?

Thanks in advance.

Building Owner giving a building on rent to the tenant (Hospital) and Collecting Rent Rs. 48,00,000/- yearly as per rent agreement signed by both parties.
Building Owner is unregistered in GST and Demand raised against Building Owner but who will be liable to pay that amount. The landlord demanded from Tenant but Tenant said Landlord didn’t issue an invoice to him and Hospital paid rent as per the rental agreement.
Who will be liable to Pay GST Demand?

While issuing a GST invoice what tax we will charge if invoice is billed to a registered person but shipped to a unregistered person. states are different for both persons.

We have an unregistered Association of Persons(AOP) having PAN in the name of the Association.
In our Agreement of Association of Persons, there is no mention of holding Annual General Meeting . Can it be held now without the amendments of the Agreement?[lease suggest.

Hi

Can anyone help me with the following queries?
1. Flat purchased on 1.5.1990 went into redevelopment in Jan 2022.

Will there be any Capital gain arising in the F.Y 2021-2022 where the flat was surrendered to the builder?

TIA

Dear sir/Madam,
I have one doubt regarding NPS Contribution by Employer.
In our company March'22 month salary's liability paid in Apr'22 month (Eg; Apr 5Th) . salary's will be credited to employees after deducting statutory liability's like PF, ESI, PT, TDS etc. At the time of computation of TDS on salary's NPS U/s 80CCD(2) will be considered sub to 10% of basic and deducted NPS will be paid to PRAN accounts also in April month. Here my doubt is whether deduction u/s 80CCD(2) is considered or not because NPS amount paid to PRAN account by employer is in the month of Apr'22 instead of Mar'22. Is There any time limit for the Employer to Contribute NPS to Employees PRAN accounts.


Thanks in advance,
Regards,
Bheema Reddy.

Please share the online Provident fund registration process for a private limited company.

Thanks

DEAR SIR,

PLEASE SHARE HSN CODE FOR MANUFACTURING PLASTIC RECYCLING MACHINERY PARTS AND PLASTIC RECYCLING MACHINERY REPAIRING.