TDS ON LIMITED COMPANY IN CASE OF AGRICULTURE LAND ACQUIRED BY NHAI

Our is a limited company and has agriculture land in Amritsar,  the same has been acquired by NHAI in 2020-2021, will land acquisition officer levy tds on our company before making payments in case of limited company or no tds will be applicable?

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  Can we pay TDS on entire amount even though payment will be made in installaments?

Yesterday, we purchased one residential flat for total consideration of 7912440 Rs. the builder has asked us to pay 79124 rs via TDS. Since there are 3 buyers (3 fund contributing buyers) and one seller, three FORM 26QB has to fill. After selecting "YES" in the section, are there any multiple buyers involved, in what to do next? Question 1 - What is required to fill the section of "Total Value of Consideration (Property Value)*" is it 7912440 or 7912440/3 = 26374Rs (see image 1) What is required to fill in a section of the amount paid/credited? (see image 2)…

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  TDS on payment made outside India for settlement of dispute

ABC company of USA has filed civil law suit against XYZ company of India in the court of USA alleging breach of confidentiality and misappropriation of trade secret. Now both the parties have agreed mutually to fully settle the dispute, wherein XYZ company will pay sum of USD 250000 to ABC company, and ABC company will withdraw the case. Q1. whether such payment made by XYZ company will be deductible expense from business income? Q2. Under which section TDS  will be applicable and at what rate? Q3. under what expense head such payment should be booked in profit and loss…

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  Is form 15CA and CB required for payment of Dividend credited in rupees in the NRE account in India to NRI

Public limited co making payment of Dividend to NRI share holder. This payment is credited to his NRE account in Indian Rupees. Whether in this situation Form 15 CA and CB is required. Does this amounts to remittance to NRI, even though payment is credited in bank account maintained in India.

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  TDS on Architectural Contracts

The assessee entered into a contract with an architect firm to provide design, drawings, structural drawings, interior designs etc. for a project for a period of three years. Please advise as to whether the TDS would be made u/s 194C or O194J, If u/s 194J then what would be rate of TDS i.e.  2% for technical services or 10% for professional services.

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