Regarding income tax return

This query is : Open

AAYUSHI KHANDELWAL (Querist)
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06 January 2014 Dear sir,

Our client return filed in timely.
We intimation received of Interest of 234B and 234C. And it is correct.

Now we deposit the amount .
Now what we do solve this demand whether we revise return or rectification?
If rectification filed than procees to file rectification.

Awating for reply.................

Anumanchipalli Sathikonda

Anumanchipalli Sathikonda (Expert)
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06 January 2014 Ayushi Khandelwal

I understand that your question is-

"Your client has filed Return of Income which has been processed u/s 143(1). As per the intimation interest u/s 234B and 234C has been levied. You said that the interest so levied is correct. Your client has also deposited the balance tax demanded towards interest u/s 234B and 234C. You want to inform the fact of payment of the balance tax to the assessing officer by way of rectification application."

Ayushi Kandelwal you need not inform the fact of payment of the balance tax to the assessing officer by way of rectifiction application. The payment will be reflected in Form No.26AS of your client.

Hope you have got clarification.

Best Wishes

SathikondaA