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atul goel
This Query has 3 replies

This Query has 3 replies

08 November 2023 at 16:09

TDS on immovable property Section 194-1A

property value is 90 Lakhs
but individual share of a buyer is 45 lakhs each (as it is a jointly owned property by husband and wife with 50-50% share on EMI deduction)

in this case is TDS applicable ? as there is no clear guideline on this.


Puja Doshi
This Query has 1 replies

This Query has 1 replies

Hi

I am an OCI holder and buying a property in Mumbai in only my name. What kind of taxes with respect to TDS? Are there any cons as to buying property in my name? Please advice

Thank you


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

01 November 2023 at 20:02

Bill raised for hospital

Sir,
A Doctor maintained a private hospital health services provided to patients and different doctors working in hospital.
Consultation charges
Cross consulting
Asst: Doctor charges
Pharmacy charges
Investigation charges
Surgeries
OT consumables
Question:
Assessess above mentioned services charges show procedure in account records.


Anand Sojourns
This Query has 1 replies

This Query has 1 replies

30 October 2023 at 14:17

TDS deducted on proforma

My client deducted tds on PO issued in FY 22-23 while the invoice was raised in FY 23-24 and refusing to revise the same. what are the possible options to claim or pressurise the client. I am MSME registered.


Ma Ba
This Query has 1 replies

This Query has 1 replies

30 October 2023 at 07:22

TDS refund for a cancelled property sale

I’m a buyer and I have to cancel the property purchase at the last minute. I already paid the TDS a day before the deal was cancelled. Now when I tried to apply for refund because property deal was cancelled. But when we entered all challan details, refund amount allowed shows Rs.0. Consumed amount shows the full amount we paid. how to proceed with refund in such cases? I know the amount or probably credited to seller pan. How to revert back and get the right amount to show up in refund request?


Vijayakumar
This Query has 12 replies

This Query has 12 replies

28 October 2023 at 13:15

PROPERTY DEAL WAS CANCELLED

How to the revise the paid TDS return and cancel he payment made to seller due to property deal was cancelled?


Abhinash Gupta
This Query has 1 replies

This Query has 1 replies

25 October 2023 at 21:32

Form 26QB Dates

"I have purchased a property with a cost of 1 crore INR. "
1. I paid a 10% booking amount, excluding 1% TDS, on 9th October 2023.
2. The deadline for filing TDS is before 9th November 2023.
3. As of now, I haven't received the allotment letter or the agreement.
4. In the form, for the "Date of Agreement/Booking" field, which date should I enter?
5. In the "Date of Payment" field, which date should I enter amount transfer date or the receipt date .


MOHD SHAHID
This Query has 1 replies

This Query has 1 replies

19 October 2023 at 12:37

Exempted Sale to unregistered dealers

Hello experts, Exempted sales shown in GSTR 1 by mistake. How to amend this in next month GSTR 1. Valued opinions are solicited. with regards


JATIN
This Query has 1 replies

This Query has 1 replies

05 October 2023 at 17:02

Return of TDS on TRACES

Hello sir,
i bought a property for which there are 2 buyers and 3 sellers.
While filling the TDS, my CA divided the TDS in 2 sellers only.
As time was less, we filed the correct TDS again.

Now we are looking for refund of the TDS which was filed incorrectly.
Kindly advice the procedure for same.
Do we have to first apply for corrections on TRACES and then request for refund?
The Challan is showing to be Fully consumed.


omkar mestry
This Query has 1 replies

This Query has 1 replies

27 September 2023 at 23:18

Unable to generate Form 16B

I paid TDS using income tax website on 15th of September 2023, but when I tried to place a request for download of Form 16B on traces website I am getting this error :- No data available for the specified search criteria.

It has been more than 12 days I have to give the Form 16B to my builder, for which I have filled the 26QB form.