I got a ctc car worth 20 lakh from my company. The amount was actualky given on loan to me @8%. The cost towards the same was deducted from my CTC every month fir last three years. Now the residual value of car is 4 Lakh. (And I am told by my company that fair market value is 6 lakh). They say that of I buy the car now, I have to pay the residual value (4 lakh) and 30% of balance 2 lakh as tax. However, if the car is directly sold to a third person, this 30% will not need to be paid. I am confused. Request advice

A sister wants to transfer amount rs 15 lac to her minor brother for study
Is there any problem in income tax or not

Sir
Happy New Year to all experts.
My query is can the transferred shares be reinstated. If yes what is the procedure.
The payment cheque was given to the seller but he has not got the cheque cleared till date.
Regards

Fact of the Case:-
E-Commerce operator (Flipkart) selling goods to a company more than 10 Cr in a year by using digital platform. Flipkart make payment to company after deduct all the expenses and commission and also TDS Deduct by Flipkart on the above transaction u/s 194O.

And Flipkart raised commission invoice to the company against sales, Then Company liable to Deduct TDS u/s-94H on commission invoice.
Now Flipkart object on TDS deduction u/s 94H which is deduct by the company against commission invoice.
So please advice the correct procedure.

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