We were suppose to deduct TDS on Brokerage on 30.04.2019 on 50000.00 which we missed and is deducted on 24.11.2019 @5% 2500.00 and has paid also on the same day 24.11.2019 along-with 1% interest for 8 months from April to November 2019 for late deduction (2500+(2500*1%*8))=2700.00. In the TDS Challan the Tax shown 2500 & interest shown 200.
In 3rd Qly return we think this could be shown like below:
Date of Payment/Credited=30.04.2019
Date of TDS Deduction = 24.11.2019
Date of Tax Deposit =24.11.2019
Amount of Tax=2500


We want to know whether it would be correct exercise or we still making mistake.
Please suggest.

can we pay by cash for Direct & Indirect Taxation, property Tax, electricity charges , telephone & Broad brand charges and EPF, ESIC penalty or late fee????

We received notice for outstanding interest for belated returns(GSTR-3B).We generated challan for that interest and payment was made.Where will i disclose that interest? Electronic cash ledger is showing Interest.

Is there LTCG applicable in hands of investors for buyback (through exchange)?
I assume there is a change but there is no details.

If a partnership firm makes cash deposit into its partners Account above 2 lakhs Whether 269 ST attracts or not?

Respected Sir / Madam,

My client is Agricultural Produce Market Committee, having capital gain income in Ass Year 2019-2020, on sale of building property. Now as per section 10(26)(AAB), any income derived by APMC is exempt income. Now my question is In ITR form where to show date wise details of sales and purchases figures and details of buyer, that figures should match with form no. 26AS of sale value of building and TDS amount, and income should be treated as exempt income in Computation of Income.

Where I can invest the gains out of a residential land property sale. There is no house in the plot. Whether I can re invest to buy a House or Flat? How to get 20% tax relief?

Dear Sir/Madam,

Sister gifted a plot of land to her brother and for the same gift deed has been executed and registered. Few days later brother gave Rs.15lakhs in the form of DD to her Sister for day to day expenses without any deed or agreement.

In this case, will attract any capital tax or any other options??

What if i forgot to file ESIC monthly return?
Can i file late return? if yes, then How?

Hello all the experts
I have following query
1. From which month cash withdrawl will be calculated for TDS.?
2.whether the law has been applicable now or not.?
THANKS IN ADVANCE. .