Answers By Expert: Law Intern
  Redevelopment and PAAA registration from LTCG perspective
My spouse and I had purchased a 1BHK flat measuring 355 sq ft in Mumbai in Feb 2024. Our building is now under redevelopment and we are entitled to get a flat of 472 sq ft. In the meanwhile, we had also opted to purchase an additional area of 23 sq ft, due to which we will be allotted a flat measuring 495 sq ft. Now our developer has scheduled the PAAA registration in Oct 2025 and we will also need to make the payment for purchase of extra 23 sq ft area along with the proportionate stamp duty charges…


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  Income taxable under Section 44AD or 44ADA
a firm providing placement and recruitment service and getting service fees from client after deployment of candidate, is it reportable under section 44AD or 44ADA


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  capital gain on sale of Agricultural land
All conditions satisfied e g distance, population etc no income from agricultural activity shown in return whether AO can treat thus as taxable ? any case law ?


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  153C vs 148
search on A  before 31-3-21--------153A incriminating materials  of B in this search-on A--------------153C B supplied goods to C -------------whether 148 or 153C ?


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  unverifiable purchases
which are the latest cases on this post the ratio of  kanak Impex ?


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  Refund Adjusted Against Non-Existent Demand Despite Settlement Under DTVsV
I had an old tax demand which I opted to settle under the Direct Tax Vivad se Vishwas (DTVsV) scheme. A final order was issued in my favour confirming full and final settlement of the arrear. Problem: Even after the settlement order, the system has not given effect to it. The payments made under DTVsV were wrongly credited against the old arrear instead of being treated as settlement. Further interest was wrongly computed on this supposed “balance demand.” My recent refunds have been adjusted against this non-existent demand, even though the case was already closed. Current Situation: The portal still…


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  regarding gift of self acquired property
The maternal grand father acquired a commercial shop in 2010. he wants to gift this self acquired property to his grand son. can he do so, under what section.


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  Notice u/s 143(2) in case of order u/s 263 rws 143(3)
If a case is set aside by Cit under 263 and assessment is done consequently under 263 read with 143 Whether notice under section 143(2) is required to be given or not According to my view , it is not mandatory ?


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  allotment letter vs possession section 54/54F
Case law of Bina Jain says possession is imp Case  law of  Vembu Vaidynathan says letter of allotment is enough how to reconcile both ?


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  Can GST and Interest on Loan eligible for consider cost of acquisition at the time of sale of residential flat
Sir, I have sale my residential flat on 30.8.25 at a price of Rs 43 lalhs. I have taken a loan of rs 25.5 lakhs for purchase that property. Instalment price including GST. I have not claimed any interest benefit as IT deduction as I have filed IT in new tax regime. My registration done on 22.6.22. Can I claim GST and interest as cost of flat at the time of long term capital gain calculation.


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