21 October 2024
Respected Expert, I have to revise my ITR due to increased salary amount because of arrears.But one problem arises due refund amount that I got earlier.On IT computation,it seems that I will get more refund when all tax is there (I.T.Deptt.). ( I always use to pay my IT in the form of Advance Tax) Now I want to know,1)under which head I should deposite refunded tax amount and 2)by which challan number.3) what will be interest rate. Thanks in Advance Regard Sunil Jadhao
21 October 2024
Login to e-filing site, click on the Tab 'EPay Tax' Select ‘Self-Assessment Tax (300) & pay the tax as per calculation. No need to calculate interest at present. CPC will raise demand for any such liability.