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Mihir

Mihir Tanna  |1056 Answers  |Ask -

Tax Expert - Answered on Mar 30, 2023

Mihir Ashok Tanna, who works with a well-known chartered accountancy firm in Mumbai, has more than 15 years of experience in direct taxation.
He handles various kinds of matters related to direct tax such as PAN/ TAN application; compliance including ITR, TDS return filing; issuance/ filing of statutory forms like Form 15CB, Form 61A, etc; application u/s 10(46); application for condonation of delay; application for lower/ nil TDS certificate; transfer pricing and study report; advisory/ opinion on direct tax matters; handling various income-tax notices; compounding application on show cause for TDS default; verification of books for TDS/ TCS/ equalisation levy compliance; application for pending income-tax demand and refund; charitable trust taxation and compliance; income-tax scrutiny and CIT(A) for all types of taxpayers including individuals, firms, LLPs, corporates, trusts, non-resident individuals and companies.
He regularly represents clients before the income tax authorities including the commissioner of income tax (appeal).... more
Mahesh Question by Mahesh on Mar 27, 2023Hindi
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Money

Can you please provide the guidelines to buy a flat (property) of agreement cost of 65 Lakh, then Who, when & how will pay the TDS?

Ans: Buyer of TDS is required to deduct TDS @1% at the time of credit to account or payment (whichever is earlier) and deposit it through form 26QB within 30 days from the end of the month in which TDS is deducted.

For more details please refer https://incometaxindia.gov.in/Charts%20%20Tables/TDS%20Purchase%20of%20Immovable%20property.htm#:~:text=Section%20194%2DIA%2C%20provides%20that,one%20per%20cent%20of%20such

“consideration for transfer of any immovable property” shall include all charges of the nature of club membership fee, car parking fee, electricity or water facility fee, maintenance fee, advance fee or any other charges of similar nature, which are incidental to transfer of the immovable property;’
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Relationships Expert, Mind Coach - Answered on Jun 02, 2025

Asked by Anonymous - May 23, 2025
Relationship
I've been married for 19 years. We live in a joint family with my husband and in-laws. Since last year, my father has recently become bedridden and needs constant care. Since he lives in another city, I have been travelling constantly to take turns to attend him. I want to bring him to our home, but my mother-in-law strongly objects saying they will lose their privacy. My husband tries to mediate but often ends up siding with his mother, saying she's getting old too. I am not able to decide being a daughter and a daughter-in-law. Is it unfair of me to expect support for my father, or am I compromising too much in this marriage?
Ans: Dear Anonymous,
You surely are walking on a thin rope trying to balance both sides...it seems unfair, yes!
What I can suggest to you is: Find out what exactly is your mother-in-law's concern? What does she mean by 'lose their privacy'?
Usually, these statements are just reactionary to a much deeper concern. Try to address what bothers her; it could be as simple as your attention moving away from home and other responsibilities...she may possibly feel awkward being around your father...all these facts get masked under broad statements which to you may seem like excuses...so instead of playing this dance being the daughter and daughter-in-law, dig out more information, so that you can address concerns and not the reactions from them.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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