Penalty

This query is : Resolved 

07 April 2016 under section 271 (1) (C) Order issued for depositing penalty by IO.
1.Can partial amount(50%) of penalty can be deposited?
2.If we won at ITAT, will penalty will be refunded?
3. Interest will be applied on non remittance of penalty?

Pl Guide as soon as possible.
Thanks.


08 April 2016 Submit appeal against order of penalty.
Apply for stay till decision of appeal, part payment can be done as may be decided by authority.
If appeal order is in favor amount paid will be refundable.
If penalty is confirm, the dues will attract interest on unpaid amount till date of payment.

08 April 2016 Thank for guidence give yr contact number


10 April 2016 9850350854 u can contact me on this no.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries