18 November 2016
While making the online payment of IDS tax, there is a Penalty Code details requires as Penalty Payment Code 11c or n11c. Which code is to be selected for tax payment by an Individual assessee
19 November 2016
Technically it should be n11c since 11c is for penalty u/s 271(1)(c) for which the penalty imposable is 100 % to 300%. So therefore it should be n11c.
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