Sir,

My mistakenly TDS amount paid in Twice ie. December TDS paid in January 2019, shall I take one amount in next quarter as advance or not

Please clarify

Thanking you

Sir, I have not deducted TDS on professional fee paid during April-18 to Dec-18 as we had no TAN.But on 01.01.2019 I have applied for TAN.
I am I liable to pay tds on professional fee paid during April-18 to Dec-18. Will there be any late filing fee as 3 quarters have already completed

Dear all, I have a query on above subject. One employee has submitted documents & claiming exemption for Home Loan (for 1 residential house). Th said house is completed & we are unable to verify whether the same is rented or occupied by him. Side by side he has also furnished Rent receipts to claim HRA. His plea is that he is living in rented house & not living in his own house due to practical reasons. His both houses are in same city.
Kindly guide whether both benefits can be given? if not then some strong reasons / rulings in support. This may be practical problem also in some cases but few people want to take maximum Income Tax benefits.
Thanx.

We are the statutory auditor of a company X Pvt Ltd and the same company has acquired loan for the purpose of acquisition of shares of the other company say Y Pvt Ltd. These both companies are private company.The X Pvt Ltd has acquired 51% shares in following company. Now my question is whether the X Pvt Ltd will get benefit of deduction of interest paid on such loan u/s 36(1)(iii) of Income Tax act 1961. Please give your comment.

Thank you.

Dear Sir,
I have downloaded the Java in my laptop still i am not able to download Tax audit form 3CA3CD. I could not identify my mistake.Kindly advise.

I have cyber cafe and online services work like online payment money transfer tickets booking and all others so i bank transaction is big in bank account more then 30 lakh and my profit is around 3-3.5 lakh so how i file itr and how to show these bank transaction in the ITR So please Tell me How File ITR And Which ITr File

Can TDS on FD interest be exempted for Social Cause

For AY 2016-17, I have made a profit of Rs.2,00,000/- and suffered a loss of Rs.4,00,000/-, in all net loss of Rs.2,00,000/ on intra day share trading. I have filed before the AO, unaudited P&L Statement issued by my Broker .
AO is saying that he will impose tax on the profit component of Rs.2,00,000/- and will not recognise the loss of Rs.4,00,000/-. Is this correct? Can he selectively take only the profit portion and ignore the loss portion in the same P&L Statement?

Expert opinion is solicited.

If a charitable trust/society purchases a land from a company (Pvt Ltd) at a price less than the circle rate, then :
Will the difference amount (price at circle rate – actual consideration paid) be added to the “Income from other sources” of the society / trust ? Or is there any exemption to societies/ trusts ?

Under which section Of Income tax Act is such exemption?

Hie, I had come to a query from a Co-operative Society with Banking License.
They asked where and how to report Co-operative Bank's Current/Savings/FD Deposits in the ITR-7?
Previously since last three years, they were reporting it under :Unsecured Loans" Column, but thereafter, every year, they are subject to limited scrutiny for Huge amount of Unsecured Loans, which they are reply that it is their Current, Savings and Fixed Deposits.
So if anybody knows where to report Co-operative Bank's Current/Savings/FD Deposits other than above in the ITR-7, please reply.
Thanks.