Hi
I'd like to know if I can make a rental agreement starting from August 2020, in January 2021. Would that be acceptable/valid for claiming HRA?
Thanks
Sir,
If a builder constructing a new house and selling the same after fulfill consturction work what will be the GST Rate ? How can avail ITC ?
Please explain
with Regards
S M Basha
Hello,
Is it possible to file an income tax return (offline/online) on behalf of a family member who is incarcerated?
If yes, what is the easiest way to do so, without requiring to have some sort of documents signed from the person incarcerated?
Sorry for being anonymous, but it is necessary.
Thank you.
Hello Sir, our Landlord(developer) has made PAA with us in 2008 to provide ownership flats after redevelopment of our Pagdi property. No money is involved at all in this deal. Till date building has not became ready, when we demanded delay penalty, he said he will give, but suddenly started asking us to pay GST on rehab component which was never ever discussed in lifetime. Can he charge us GST ? Kindly help us with a your reply in light with relevant provisions of GST Act. Thanks.
Hi legal experts,
I need some clarifications on the appointment of NRI and OCI holders in public trust in India, I am aware that this issue has been dealt with by the Income Tax appeals tribunal recently in the case of Global Academy of Emergency Medicine I.T.A. No.6291/DEL/2015, where it has a very clear interpretation of section 60 and 73 of the Indian Trust act 1882 and no impediment simply because you are an NRI or OCI holder and in this case, it was allowed to have NRI to be a trustee in the public trust.
I need some more reference and guidelines from the experts who can elaborate further as this case is a benchmark and may be a precedent for all future public trust registration where NRI / OCI is a trustee.
thanks
Hi,
Me and my wife booked a flat(under construction) in 2017. On the sale agreement, both of our names are present. I have taken home loan and she is co-applicant for the home loan. Since the property price is greater than 50lakhs, builder (we paid to builder and builder paid to govt) paid 1% tds on our behalf and while paying tds, builder has given my pancard details only and the same details were present in my form 26as. I have paid the loan amount to the bank and have taken the NOC. Our flat construction is completed now and we are going for registration. I paid the stamp duty on my wife's name and am going for registration only on my wife's name as sole owner.
In future, Do we face any problem w.r.t registration or tds ( as the tds is not shown in her form 26as ) ?
Reposting it in (property law) category too
My employer requested a Rent Agreement as a compulsory condition to get HRA benefit, where the rent agreement should clearly specify the duration of the period exemption is claimed i.e from 1st April 2020 onwards .
Now my query is - During the period starting from nationwide lock down from 24th March 2020 till Unlock 1.0 started from June 1,2020 - most of the sub registrar office and notary services were suspended so legal rent agreement work was NOT done in most of the courts/sub registrar office.
Want to know if there is any verdict from any court or any other law which provides exemption that if a rent agreement created on a later date can cover the entire HRA claimed period starting 1st April. What and how I should do to satisfy my employer condition of rent agreement with start date of specified period so to avail HRA benefit for the entire year.
As per brief order of State commission as follows
No other point was raised during the course of arguments. It is a clear case of deficiency in service. The complainants cannot be compelled to wait for more time for completion of construction and development work and delivery of possession as the complainants have already suffered a lot. Resultantly, it is held that the complainants are entitled to recover the total amount deposited by them Rs.24,11,528/- with interest at the rate of 12% per annum from the date of respective deposits till realization. Keeping in mind the un-necessary harassment and mental agony, suffered by the complainants as well as the amount spent in this litigation, it will be justified to award an amount of Rs.25,000/- as compensation on account of unnecessary harassment and mental agony and an amount of Rs.10,000/- as litigation expenses. I received Rs. 24,11,528/- as principal amount, 20,96,472/- as interest and 25,000/- and 10,000 as mental agony and legal expenses.
Is there any tex liability because I heard that interest awarded by court now liable to tax https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=1439
KIndly guide properly.
Read more at: https://www.caclubindia.com/forum/income-tax-liability-on-court-order-567069.asp
We received our one fourth share in sale of ancestral property. The buyer also deposited the TDS on our share of amount he paid to us. We invested the part of receipts in NHAI Bonds. How to show all this in ITR.
Trust
BYE-LAWS OF RELIGIOUS PRIVATE TRUST..HOW TO CREATE A TRUST