Poonawalla fincorps
Poonawalla fincorps

DEMAND

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2010 Some demand has been raised by my Assessing officer after assessment. Can I pay this demand in installments or seek time till my appeal is settled?
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
28 September 2010 Yes. You may approach your Assessing officer within 30 days of receipt of demand notice for installments or stay or seek time for payment. However you are liable to pay interest for delay in payment of demanded tax.

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