Penalty 234f

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SHADAB AHMED (Querist)
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12 September 2018 dear sir,While making Tax payment of Penalty 234F online, The bank site is asking to fill up penalty payment code as 11c or N11c.... Code which code i select for 234 f penalty kindly advise

RAJA P M

RAJA P M (Expert)
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12 September 2018 Code 11C is for Penalty Order u/s 271(1) (c) and N11C is for Order Other than u/s 271(1) (c). And u/s 271(1)(c), Penalty is for concealment of particulars of income or furnishing inaccurate particulars of income...

Better to pay in the head of Interest...