10 October 2023
Hi team, Any idea if I can go for an appeal after paying the required demand. I used the e-pay later option at the time of filing to pay self assessment tax thinking that I can pay it later once the demand is served. However I noticed that a 33% penalty has been levied without any clear indication of the reason. No update on grievance raised so far. The tax calculated under Section 143 matches with my calculation. However the demand is much higher. How can this be possible. Ideally there should not anything more than the 1% interest. Penalty cannot be at the discretion of AO right ? Any inputs on how i can solve this problem.