Sir I have deducted Tds on Salary Q 4 FY 19-20 but not paid and not file TDS return?

Tds amount is Rs.2000.00

What is the penalty and interest in this case?

Please reply

CAN I SHOW THE CAPITAL GAIN OF MUTUAL FUND IN ITR 1 U/S 10 WHICH CAPITAL GAIN IS LESS THAN R.S. 1 LAKH ?

I am a salaried tax payer, obtained form 16 too.
1, I have claimed the PPF amount upon the death of my wife in the month of march 2020. 2. I was given a demand draft and the same is encashed in my account, amount being 9 lakhs 45 thousand.
3. Immediately I have initiated two fixed deposits of 1 lakh and 8 lakh, in my sons name (Son aged 20 years), at his SBI account. Son is a student and has no income. He earns interest on the FD of the said amount.

Questions;-
1. Will the amount be taxable for me? if yes what is the tax payable, if no under what section should I claim exemption.

2. Will my son eligible for tax toward the said amount of the initiated FD? if yes what shall be the tax amount?

3. Will he have to file the ITR and what number is it ITR1. under which section should tax exemption be claimed for my son for his lifetime first ITR1? I am to prepare and file ITR1 on my own at the efiling site.

Please guide me regarding each query in detail.

Thank you,
Mr. Shekhar Salunke
email; shekharsalunke1@gmail.com

I sold a property in may 2019 and there is a long term capital gain accrued.i put the money in my saving bank account till now.i want to know about my last time limit to open an capital gain scheme account so that I can reinvest from it,and how much amount should be deposited there ? Is it only capital gain or entire sale proceed ? Pls clarify me .Thanks in advance..

My pan card was lost, so I had applied for a new one with some changes in Name,
but it got rejected , I don't know the exact reasons. So I have requested for a reprint on my
address of the lost one.

is this all right or it will create issue for reprint as my new request with name change got
rejected

As Per Notification No.35 /2020/ F. No. 370142/23/2020 – TPL dated 24th June 2020 issued by Govt of India, the due date for filing of TDS Return for Quarter 1, F.Y. 2020-21, has been extended to 31.03.2021.

I am not clear Whether there is any extension for due date of filing of TDS Return for Quarter 2 F.Y. 2020-21 also?

If there is any such extension for Quarter 2, F.Y.2020-21, Please provide the Notification.

Hello,

under the company of industrial oil we have import material against which we paid freight charges, now i have a seperate invoice of Logistic Company wherein ,

Air Freight Charges Rs. 40,000 Ex works Rs. 15,000 and Destination Cost Rs. 6173.73

what is the treatement of TDS and How ?

a state government employee who has completed more than 10 years of service and left 10 years of his retirement, withdraw GPF form his account for the purpose of a daughter's marriage.
Is he liable to pay tax under Income Tax? If yes in which section tax implement? If no exemption in which section?
please elaborate

Dear Experts,
I have post signed copy of ITR-V via speed post which has been received by CPC as on 17/08/2020 but still on portal the status on portal is showing pending for verification,

Pls let me should I raise the grievance for the same or have to more wait for updatatio,

Thanks
Nikhil

Dear Sir/Madam,
assesse has salary, pension and interest income from fixed deposits with banks.
interest from bank fixed deposits is Rs. 179528/-, can he claim deduction of section 80TTB of Rs. 50000/- ? he is a senior citizen.
PLS GUIDE ON THIS.