Shailendra Kumar
12 November 2024 at 14:14

Tax rules for NRI

Sir,
Please advise. My son is an NRI for last 9 years. When he was in India, he was filing ITR. Now he has no income of any kind in India. Is it compulsory now to file nil tax returns in India, as he has not filing any return. Thanks for early reply.
He is holding Indian passport


Suresh S. Tejwani
12 November 2024 at 12:44

Regarding Service Tax Payment.

We have taken registration number in central excise and want to pay service tax demand , however the code for that service is not available on the site then whether other duties code can be used or new registration is required??


Nabur Vatika

I had bought a Pre-const house for 55lac and paid Stamp duty on 55lac during registration.
I made 54,00,00 payments in installments and now making the last installment of 1 lac

On the 26QB form

Total Value of Consideration (Property Value) -₹55,00,000
Payment type*-Installment
Whether it is last installment ?*-Yes
Whether stamp duty value is higher than sale consideration ?* - Dont know what to choose
Total amount paid/ credited in previous installments, if any (A) * ₹54,00,000
Amount paid/credited currently (B) *-₹1,00,000
Total stamp duty value of the property (C) *₹55,00,000

Now under
Tax Deposit Details, I am getting
Amount on which TDS to be deducted (D)*₹55,00,000, which looks wrong.

Should this not be the amount currently paid ₹1,00,000. What am I doing wrong?

Note*I was suggested in the forum to enter ₹1,00,000 in box (C), but it still calculates the total amount of ₹55,00,000 in (D)


SHYAM KRISHNAN K
11 November 2024 at 20:15

Change in legal name of business

Our company has changed the name recently, what is the process for update the new name in our GST portal, is it posible only after change the name on PAN data base


Akshit Jain

Do the RBI guidelines mandate the linking of PAN with Aadhar as a prerequisite for opening a bank account?


Hemkumar
11 November 2024 at 17:17

GST Refund in Inverted Duty Structure

whether it is compulsory to submit CA Certificate for refund claim exceeding Rs 200000 /- in case of GST refund due to inverted duty structure ??


Nidhi Kanabar
11 November 2024 at 17:08

TDS NUMBER SURRENDER

Hi
I want to cancel my TAN number which is no more use
please share the process is it online or offline process?


Suresh S. Tejwani
11 November 2024 at 16:44

REGARDING 15CA

ASSESSEE, IS NON-RESIDENT WANTS TO TRANSFER AMOUNT OF FIXED DEPOSIT IN INDIA TO FOREIGN COUNTRY, SO 15CA PART-D MAINTANCE OF HOUSEHOLD EXPENSES. IN THIS CASE, PROVISON OF SECTION 195 OR ANY OTHER PROVISION WILL BE APPLICABLE IN THIS REGARDS.


PROFESSIONAL ADEPT
11 November 2024 at 16:20

Sec 43 b with regard to MSME

Sir,
We are not able to track the payments whether made within the dates specified under MSME ACT with regard to the newly inserted section.So how we can disclose the same in the tax audit report for the year


6380177036pro badge

Dear Sir,

We have a godown in Porur, and we pay rent every month after TDS is deducted. Recently, my friend mentioned that RCM is applicable for commercial rent payments to an unregistered person (URP). Could you please clarify my doubts?