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Statutory Governance & Compliance Framework

TERMS, CONDITIONS & COMPLIANCE

Official 5 Plan Terms & Conditions, mandatory KYC verification protocols, Section 194H TDS tax policies, and corporate governance standards from Page 9 of the Golden Eye presentation.

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Official Brochure Page 9 Alignment
TDS Section 194H Compliant
100% Freehold Mutation Registry
Mandatory PAN & Bank KYC
Brochure Page 9 • Statutory Clauses

Official Plan Terms & Conditions

“By participating in the plan, you agree to the following terms and conditions.”

01

ELIGIBILITY

KYC Verification

Membership and benefits are subject to successful KYC verification and applicable eligibility criteria. Only adult individuals possessing valid government-issued identification, active PAN card, and verifiable bank details are authorized to register as consultant partners.

02

COMMISSION & INCENTIVE DISBURSEMENT

25% Immediate + 75% Deferred

Commissions are calculated and disbursed strictly according to the applicable plan structure and published company policies. Immediate 25% payouts are settled post-monthly closing, and the 75% deferred bonus annuity is disbursed in 12 equal monthly bank ECS transfers.

03

TAXES & STATUTORY DEDUCTIONS

Section 194H TDS

All payouts, incentives, and milestone rewards are subject to applicable taxes, TDS (Tax Deducted at Source under Section 194H) and statutory deductions as per prevailing laws of the Government of India. Valid PAN submission is mandatory prior to any financial release. Form 16A TDS certificates are issued quarterly.

04

BUSINESS & REWARDS VERIFICATION

Cleared Banking Registry

Business volume, binary balance matching, and reward eligibility will be calculated exclusively on verified, cleared transactions and achievement of specified milestone criteria. Plot bookings must be backed by cleared financial receipts and executed registration agreements.

05

POLICY & COMPLIANCE ENFORCEMENT

Ethical Standards

The company reserves the right to amend policies and take strict remedial action in case of any fraudulent, misleading, cross-sponsoring, or policy-violating conduct. Ethical representation of plot specifications, lease rental guidelines, and project infrastructure is strictly enforceable.

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Statutory Adherence

Mandatory KYC Documents Checklist

To ensure 100% compliance with Reserve Bank of India guidelines and Indian Income Tax regulations, all applicants must submit:

1. Identity & Age Proof

Government Issued

Self-attested clear copy of Government Aadhaar Card, Passport, or Voter ID verifying legal majority (18+ years of age) and residential address.

2. Tax Identification (PAN)

TDS Section 194H

Valid Permanent Account Number (PAN Card) copy. Mandatory for legal tax reconciliation and quarterly Form 16A generation.

3. Bank Account Proof

Automated ECS Transfer

Cancelled Cheque or clear Bank Passbook copy displaying the partner's printed name, bank account number, and IFSC code.

Regulatory Clarity

Compliance FAQs

Under Indian Income Tax Section 194H, commission and brokerage payments are subject to a statutory 5% TDS deduction when linked to a valid PAN. In the absence of a valid PAN, Section 206AA mandates a higher 20% deduction. Providing your PAN ensures clean tax credits reflected directly on your 26AS statement.
Golden Eye Properties files regular quarterly e-TDS returns with the Income Tax Department. Form 16A certificates are digitally generated and emailed directly to consultants after each fiscal quarter's reconciliation for smooth ITR filing.
Sales volumes are accredited to a consultant's Left and Right organizations only upon clearance of banking instruments (cheques, RTGS/NEFT) and execution of official plot booking agreements. Speculative or unpaid pledges are not recognized for volume matching or milestone rewards.
All partners must accurately communicate plot dimensions (600, 800, 900, 1200 Sq.Ft.), the 25% immediate + 75% deferred (12 months) cashflow schedule, and lease rental rules. Misleading claims or unauthorized fee collections result in immediate contract termination and forfeiture of privileges.