Demand notice - how much to pay

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 July 2014 Hi Experts,
For Financial Year 2012-2013

I received the
Intimation U/S 143(1) for PAN xxxxx with respect to the return of income filed by you for the Assessment Year 2013-14.

NET AMOUNT PAYABLE = 641.

I received the email on 15-Mar-2014.

I am paying this money by 30-july-2014

1. How much I need to pay in total. that is any interest or penalty or any other charges like Edu.Cess on 641, I need to add. If so what is the total amount I need to pay? Please help.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 July 2014 check the date of the order. Income tax department will count 30 days from the date on which email was received by you ie 15 March.

Since you have not paid the amount by 14 April, you need to pay Rs 641+26= 667. (interest is calculated at 1% for each month or part of the month. So part of april shall be counted as one month and then may, june and july.

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2014 Thank you for the reply,

The Date of Order is 12-02-2014 and I am planning to pay the amount on 31-July-2014.

Can I know how much I need to pay. Also when I tried to pay in the bank site it is asking for following field values.

1. Income tax.
2. Surcharge
3. Education Cess
4. Interest
5. Penalty
6. Others

Can anybody give me the exact breakup, how much has to be put in each field.

Thank you in Advance.

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 July 2014 you dont need to put the break up. Just put the total amount in the income tax itself. dont worry that much