I have deposited TDS on 30th April-2018 but challan date is 2-May--2018.
TDS amount is around 5L.
Shall we liable to pay Interest panelty.
On Bank statement we can see that amount is debited on 10.30am
Please guide.

IT IS ALLOW HOME LOAN INTEREST DEDUCTION PAID TO INDIVIDUAL BECAUSE OF LOAN TAKEN FROM INDIVIDUAL FOR PURCHASE OF PROPERTY

Suppose Company A makes payment to the Employee of Company B. For the purpose, Company A raised debit note on Company B. .While making payment by Company B to Company A, whether Company B has to deduct TDS on reimbursement of salaries? If so under which section? kindly advise.

I had taxable income form house property (50000)and capital gain(500000)I also made a payment toward insurance premium which is eligible for 80C deduction(5100).So my doubt is ,if I have a business loss say 60000 can I set off the entire loss from capital gain first and claim 80C deduction from house property income.

Dear Experts
Good Evening
I want to know that i have taken a home loan from bank so, where do i claim the hosing loan interest in my ITR, whereas i use this house only for residence.

mean that under which section of income tax act

1. Section 24 (head of Income from House Property)
or
2. Section 80EE (newly added in Income Tax Act (amended by Finance A/c 2018)

Kindly advice me the best.

Thanks & Regards
Akash Kumar

Ajay Mishra Sir,
Please provide me the format of dissolution deed in case of death of a partner where only two partners. It is also to be noted that as per existing partnership deed, there is a provision that in case of death of a partner the firm can not be dissolved and existing partner may continue the business with a legal heirs of deceased partner.

So, you are requested to provide me the said dissolution deed its urgent.

I will be thankful to you.

Dear Sir,
We are a private ltd co . We have two units in same premises (Under same company ABC Pvt. Ltd.) . One produces Biscuits(HO division) and other Produces cartoon . Both have two different GSTN . The premises (land & Building) in which cartoon division runs is owned by ABC pvt. Ltd. and is recorded in the books of biscuit division(HO).
Now my question is that should Biscuit division (Ho) of ABC Pvt. Ltd. raise rent bill to Cartoon Division of ABC Pvt. Ltd in the line of two different GSTN????

Pls advise

Dear expert, Is GST applicable on proforma invoice ( material & Service ).? Note : the proforma invoice date is 20/05/2018. Kindly clarify my doubt with relevant notification.

Dear Sir / Ma'am,

In case of authorised person under FEMA, they have to report SFT transactions. In code SFT - 011 " Purchase of Foreign Currency" and in the nature and value of transactions to be reported are " Receipt from any person from sale of foreign currency in excess of Rs. 10 lakh.

The main heading and the transactions are contradictory. We have to report sale of foreign currency or purchase of foreign currency?

Please advise

Dear Experts Can you please clarify ad oubt in GST .One of My clients had paid Rs 48000 as Tax and Penalty for Non Submission of E way bill for intra state movementof goods . Whether They can file Appeal Under GST and if the offence is an Appealble and if there is a chance of getting refund the Tax paid in dispute , . The incident was happened on11-05-2018 , kindly advice
Thanks in Advance