Dear Sir,
Mr. A is a resident and liable to deduct TDS u/s 194M
Mr. A given a contract to Mr. B for house construction of Rs. 88.00 Lacs on Nov-2024.
Mr. A paid of Rs. 62.00 Lacs to Mr. B in FY 2024-25 and deduct TDS @2% u/s 194M.
Now
Mr. A paid balance payment to Mr. B of Rs. 26.00 Lacs as full & final in April 2025.
TDS deduct or not in balance payment of Rs. 26.00 Lacs as per 194M
due to Payment year change.

Dear All

Can I transfer GST -Electronic Credit ledger balance -Cess to CGST and SGST ledger ?

Thanks in advance

Respected Sir / Mam
We are trying to file appeal form 35, getting error "Error: Please click on My Profile in the note given below to update your contact details with all mandatory fields".

We updated all contact details in profile. but still getting this kind of error. We are not able to complete the form 35 without basic information. Please do the needful.

today is a last date to file form 35 appeal. please help me in this regard.

Sir.
Me and my brother start partnership business5 year back .worked 1.5 and disconnected. Gst and bank also cancelled
There is no further financial transactions.
Let's is know how to cancell pan card of parnter ship firms.
Please advise.
Binu

A Pvt. Ltd company has a sundry creditor balance of Rs.186.00 lakh under sundry creditor head for a single party and has classified the particular entry as non-current as the entry is outstanding for more than 5 years and under dispute between both the parties and matter is in the court.

Kindly clarify as the entry can be classified as non-current liability?

Is indexation available for sale of land or building on or after 23rd July, 2024? If available then one like to avail capital gain exemption scheme then on which amount need to be credited in such scheme? Whether of capital gain after deduction of indexation cost or capital gain after deduction of without indexation cost?

An NRE client residing in the U.S.A. intends to sell a property located in India. However, his PAN is currently inoperative due to non-linking with Aadhaar. Since NRIs are exempt from the requirement of holding Aadhaar, is there a way to make the PAN operative without linking it to Aadhaar?

Additionally, please explain the procedure to transfer his PAN jurisdiction to the International Taxation Assessing Officer.

Dear Sir,

An Individual is expressing an interest in getting New GST Registration. He is engaged in to the business of Coaching Classes. Kindly share me the list of documents required for getting him New GST Registration and under which scheme should the New GST Registration should be opted for, kindly advice. Also, do let me know the % of GST required to be charge on the Coaching Classes. Is it mandatory to have a Professional Tax Registration prior obtaining New GST Registration, kindly advice.

Warm Regards,
Aditya Ghatge

I have cancelled the registered agreement for immovable property and have already filed 1% TDS to Builder PAN using FORM 26QB. Now if I try to claim refund through TRACES on checking the challan consumption it shows FULLY CONSUMED. Can you please suggest how can I claim refund in this scenario.

As per the recent Notification No. 08/2025 and Notification No. 05/2025, is a hotel mandatorily required to charge 18% GST on restaurant services if it had any room bookings with a tariff exceeding Rs. 7,500 per day in the previous financial year? Does the hotel have the option to charge 5% GST on restaurant services without ITC, even if it had room tariffs exceeding Rs. 7,500 per day in the previous year