Dear Sir/Madam,
I have purchased an immovable property from an NRI. I would like to know how to deduct TDS in this case. I have already registered for a TAN on the Income Tax portal; however, I am unable to find the option related to the sale of immovable property.
Could you please guide me on how to proceed?
sir,
Is there is need to change partnership deed on new stamp paper due to substitute of Income tax Act ,1961 to New Income Tax Act,2025. As Act as well as partnership interest and remuneration clause has been changed. Interest and remuneration to partner in erstwhile Act were allowed under section 40 (b) whereas in new Income Tax Act ,2025 these are allowed under section 35 (e) - Stamp Paper
IF ANY ONE HAVE PDF LIST OF PTEC NUMBER OF MUMBAI FROM EARLIER DOWNLOAD FROM WEBSITE
Is TDS applicable on business support services ? if yes under which section and rate?
HSN Code : 00440366
fy2223 dealer filing monthly, availaed big amount in 3b by mistake and reversed after 10 months.
for these 10 months, if utilized, he has to pay interest @24%.p.a.
but how to calculate utilized amount?
my view --> as i dont know how to calculate utilized amount monthly, i did overall.
no op. baalance in electronic credit or cash ledger.
utilized amount = gst1 output tax of full year minus (2b of full year+ cash paid in full year) = utilized @ 24% p.a. (roughly).
broadly, i am right ?
Dear Experts
Supplier filed GSTR-1 for March-26 on 08.04.2026, but a bill for the month of March-26 is not showing in GSTR-2B but showing in GSTR-2A.
Kindly advice so may be able to ITC in March-26 3B
Thanks
Yes, mandatory VAT registration applies once your taxable supplies and imports exceed AED 375,000 over the previous twelve months or are expected to cross that threshold in the next thirty days. Voluntary registration remains available for businesses surpassing AED 187,500. Missing the mandatory registration deadline triggers immediate penalties that compound monthly until authorities receive a compliant application. Getting this assessment right from the start protects your business from unnecessary financial exposure. https://www.launchcompany.ae/corporate-tax-and-vat-registration
assessee is practising ca having receipts of 3 crores for fy25-26.
he is of view , as i am following cash system , no need to follow icds and hence, no need to follow merchantile system.
my question -- in 3cd, is cash system allowed?
assessee's view --> so even in 3cd, no need to follow merchantile system, as he is following cash system .
my view-->cash system is not allowed in 3cd As CBDT has clarified Circular No. 10/2017, dated 23-3-2017, that the general provisions of ICDS shall apply to all persons , so , merchantile is compulsory for 3cd right. am i right? or is cash system in 3cd allowed?
An MF Distributor earns income by way of brokerage. Can he choose to compute his income as per presumptive income scheme? If not, then under which section is a business earning from brokerage or commission not made eligible to declare income under presumptive income scheme? As per section 58 of 2025ACT and Table given there under column B , it states, "Any business other than the business specified against serial number 2". It states ANY BUSINESS" which will cover all business other than specified in serial 2. So business earning brokerage or commission gets covered.
Please advise if there is any other overriding clause excluding business earning income by way of brokerage from presumptive income scheme.
Thank you
we filed society return for the AY 2025-2026 and claimed exemption u/s 11. The society have FCRA Donations. we filed audit report form 10BB instead of form 10B. we got letter from Income Tax Department u/s 143(1)(a). It says that you are not filed audit report form 10B. How to rectify this and what to do. Shall we filed form 10B Original or Revised and audit report date what should we write
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS on sale of immovable property in case of NRI seller