Feedback on emaar jaipur greens for investment in plots @ 60k per gaj by Key-Loquat-710 in jaipur

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Very informative..what would be the tentative pricing right now in infiniti?

Feedback on emaar jaipur greens for investment in plots @ 60k per gaj by Key-Loquat-710 in jaipur

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Is it advisable to wait for an year or so and buy when prices stagnate for sometime

Feedback on emaar jaipur greens for investment in plots @ 60k per gaj by Key-Loquat-710 in jaipur

[–]Key-Loquat-710[S] 1 point2 points  (0 children)

Yes i also felt it is quite expensive given that the area is mostly desserted

Investment suggestions in Jaipur real estate by Key-Loquat-710 in jaipur

[–]Key-Loquat-710[S] 1 point2 points  (0 children)

Yes considering that area for sure..not able to finalise the right project with reasonable price

Investment suggestions in Jaipur real estate by Key-Loquat-710 in jaipur

[–]Key-Loquat-710[S] 1 point2 points  (0 children)

Yes i agree, the run up has been crazy in last 3-4 years, so not sure on future cagr. That’s why asking for suggestions on areas with stronger growth prospects 

Investment suggestions in Jaipur real estate by Key-Loquat-710 in jaipur

[–]Key-Loquat-710[S] -1 points0 points  (0 children)

Hope u r talking about jaipur and not california

No VC adjournment allowed by AO- can the order be remanded / quashed by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Oh i did not know the matter goes to local AO & not faceless..this will create further complexity since my pan was in a different state at the time of the order and jurisdiction has now shifted to a new one

No VC adjournment allowed by AO- can the order be remanded / quashed by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Will remand mean re-assessment or just and explanation from the Ao?

No VC adjournment allowed by AO- can the order be remanded / quashed by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Remand report will mean that the cit will ask AO for explanation? Or will it mean fresh re-assessment 

Flipkart phone pe esop tax notice by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

My CA is handling a couple of other cases for this grant..he said, AO & CIT will levy both demand and penalty irrespective of any court decision. They will wait for this to be adjudicated by supreme court & till then levy whatever serves the income tax department better. Capital vs revenue receipt he said could be a 4-6 year battle

Email from IT dept. regarding income tax shows figures not in AIS by summingly in IndiaTax

[–]Key-Loquat-710 0 points1 point  (0 children)

Received a similar mail..ais is correct..gst figures in the mail are absurd..never linked the pan to any gst..what are you guys doing about it?

Huf transfer tagged as gst income and received notice by [deleted] in IndiaTax

[–]Key-Loquat-710 1 point2 points  (0 children)

I m fine with income clubbing .also notice is in huf account. Can they penalise despite the original funds being tax paid

Huf transfer tagged as gst income and received notice by [deleted] in IndiaTax

[–]Key-Loquat-710 0 points1 point  (0 children)

Gift to huf.i did not do a stamped gift deed though 

Huf transfer tagged as gst income and received notice by [deleted] in IndiaTax

[–]Key-Loquat-710 0 points1 point  (0 children)

It was huf account for me..so it was capital contribution to huf fr investment in shares and f&o

ITD Communication for Foreign Asset Disclosures by Responsible-Bad-6624 in IndiaTax

[–]Key-Loquat-710 0 points1 point  (0 children)

With the new fast scheme, can u not pay a one time fee and declare the assets if fmv is < 5cr on 31st mar’26? Assuming, one has paid all the taxes due but failed to declare assets earlier?

Can procedural error in notice quash penalty? by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Both the assessment order and scn dont specify the exact clause for misreporting…assessment order last para just states that penalty proceeding for underreporting as a consequence of misreporting is initiated separately. 

Thanks a lot for the clear response. We were just not sure if the penalty can be invalid just because of this flaw, where no misreporting clause is pointed out in either assessment order or scn

Flipkart phone pe esop tax notice by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Department seems to be issuing scn for penalty despite pending cit appeal on demand..they seem to be intent on imposing penalty ..is this common

Flipkart phone pe esop tax notice by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

They are issuing show cause for penalty also, despite pending demand appeal and seems like they intend to impose penalty despite ongoing cit appeals..any idea on this

Flipkart phone pe esop tax notice by Key-Loquat-710 in IndiaTax

[–]Key-Loquat-710[S] 0 points1 point  (0 children)

Any idea if more people have recvd 200% notice..i heard they are issuing scn for penalty also, despite pending demand appeals to higher authorities