Payment of Tax on Demand U/S 143(1)
This query is : Resolved
24 July 2011
Respected Experts,
An Assessee has got an Intimation U/S 143(1) & where IT Department has Demanded a certain amount as Interest from that assessee - under the Income Tax Intimation a Number called DEMAND IDENTIFICATION NUMBER is mentioned & such amount is to be paid in reference to that Number, Now if tax is to be paid through online payment from NSDL, there is no such provision for mentioning of such number as reference to such payment - then how to pay such amount which can track such payment in reference to that DEMAND IDENTIFICATION NUMBER.
Thanks
Debashis Mandal
An Assessee has got an Intimation U/S 143(1) & where IT Department has Demanded a certain amount as Interest from that assessee - under the Income Tax Intimation a Number called DEMAND IDENTIFICATION NUMBER is mentioned & such amount is to be paid in reference to that Number, Now if tax is to be paid through online payment from NSDL, there is no such provision for mentioning of such number as reference to such payment - then how to pay such amount which can track such payment in reference to that DEMAND IDENTIFICATION NUMBER.
Thanks
Debashis Mandal
25 July 2011
Mr.Debashis Mandal, You need not quote the demand identification number. Make payment by just selecting Regular assessment tax. They will track payment using the PAN number and the respective assessment year we are selecting while making the e-payment.
Message likes :
1 times
25 July 2011
You have to pay the amount through 280 Challan and check the box as Tax on regular Assessment for the year to which the demand relates.
U need not mention the Demand identification number there, cause there is no such provision available. What U could do is pay the tax online and reply to the intimation giving the particulars of the amount paid and the challan details and give the reference of the Demand identification number in the correspondence. This will take care of the issue at hand.
U need not mention the Demand identification number there, cause there is no such provision available. What U could do is pay the tax online and reply to the intimation giving the particulars of the amount paid and the challan details and give the reference of the Demand identification number in the correspondence. This will take care of the issue at hand.
Message likes :
2 times
25 July 2011
I agree with the experts
Message likes :
1 times
25 July 2011
You should pay the amount through 280 Challan and check the box as Tax on regular Assessment for the year to which the demand relates.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
