There are three coparceners [one mother and two daughters] selling a residential property to an individual. Both the daughters will not receive any share from the sale proceeds money from their mother. They have given power of attorney to the mother. Mother only will execute the sale deed.
Purchaser has to deduct tax and pay it in seller’s PAN.
Now, purchaser’s doubt is whether can she pay the entire TDS amount into mother’s PAN only?

FORM 29B FOR MAT IS MANDATORY TO FILE BEFORE 30TH SEPTEMBER? IF YES, THEN WHAT IS CONSEQUENCES OF LATE FILING THIS FORM?

Hello Friends
I've filed the 26QB with a delay of 4 months. The challan status is showing as fully consumed but when I'm requesting for form 16B getting the status as failed in traces website. Please suggest what to do.

Thanks in advnce.

Sir
Can you pl clarify whether the flying instructors in the flying academy to train the pilot trainees, do they come under
44ADA. Please clarify
Rgds
Anand

I am getting following error 'T-FV-3173 TAN name provided in file is 'SADASHIVA ALAMBI NAYAK', however TAN name as per TAN master database of Income Tax Department (ITD) is 'xxxxx'.

This TDS return(27Q) is for the property purchased from an NRI in Bangalore.

The FUV file is created, but with above error thrown while creating the file RPU utility.

Any solution/suggestion is highly appreciated. I checked the name. It is same in TAN as well as in Challan.

-Solved.

Hello Sir,
I have one client for Agricultural Land Lease provide to Wind electricity company, as per lease agreement, agreement period is 20 years lease amount is Rs. 20Lacks. The lease amount paid by company whole in single year rs. 20lacks single payment and also Tds deducted @rate 10%.
But above situtation how much income disclosed to income tax return because Rs. 20 lacks considered not a single year it should lease period is 20years the income should shown year by year also.
Kindly tell the above problem solution

Dear Sir
What is the GST Rate of job charge son man made fabrics (textile house)

LAST YEAR 2023-2024 SOME B2B INVOICE MISTAKELY FEED IN B2C INSTEAD OF B2B

NOW PARTY B2B WANTS INPUT CLAIM
WHAT IS THE SOLUTIONS NOW

One of my client got a IT intimation that refund is in violation of Section 44ADA. However, we have filed Tax audit report U/s 44AB(e) business income. There is no professional income earned during the year. But while deducting TDS for one of transaction by one of their vendor it was been made U/s 194J. Please advise at the earliest.

my friend applied for duplicate PAN CARD as his pan card was lost somewhere.then he came to know that one more card was issued in his name. how to cancell another card.the card which he usages has linked with aadhaar.