What is procedure for creating a release deed?

My Pleasure.....

sir,

PURCHASER NOT COLLECT AND PAY TAX 1% FOR THE ABOVE TRANSACTION, CAN WE PAY NOW AS ADVANCE TAX 20000/- ? BECAUSE THE TRANSACTION IN CURRENT PERIOD NOVEMBER 2017 ONLY.

First try to convince purchase to pay TDS liabilities with interest..........

Then calculate your advance tax liability based on total capital gains...... it may be more than just 20K

BALANCE AMOUNT WE GOING TO PAY WHATEVER AS PER THE CAPITAL GAIN INCOME SIR, PRESENTLY THE PURCHASER NOT COLLECT THE AMOUNT FROM THEM  AND PAY AS TCS/TDS. SOME OF THE OTHER BENEFICIERIES IN THIS 5 PERSONS PAID THEIRSELVES ALSO AS ADVANCE TAX OF THEIR PORTION SIR, AS I TOLD ABOVE 17.50 LAKHS SINGLE PORTION. THEY PAID ADVANCE TAX FOR AS.YEAR 2018-19 AMOUNTING RS.20000/-

THATS WHY TRY TO REDUCE THE BURDEN MAY WE PAY THE SAME AMOUNT AS A.T?

PLEASE ADVISE .

Just Rs.20,000/-  advance tax means....... only 1 lakh capital gain out of 17.50 total receipts.......

If that calculation is correct, you may proceed......... otherwise interst will be liable over remaining tax liability.......

My Pleasure.......