Waiver of Interest U/s 234 & 220
This query is : Resolved
17 January 2020
There is an outstanding demand in respect of Interest u/s 234 A,B & C for AY 0910,1011,1112 &1213 on the income tax portal & a notice came to the assessee for payments towards the same along with interest u/s 220 on the same.
Can the same be waived off by the department directly as Tax component has been paid off & now only interest is pending or is it viable to go for appeal on the same.
Can the same be waived off by the department directly as Tax component has been paid off & now only interest is pending or is it viable to go for appeal on the same.
17 January 2020
No waiver as per law. Therefore, appeal may also fail.
17 January 2020
you can, however try for revision u/s 264
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
