Kavita R (Service) (180 Points)
07 September 2018After paying self assessment tax for my father and filing the return vide ITR 1, again the IT tax notice has been received for paying excess tax which has been found by IT people.
Kindly advise if the tax has to be paid and again the revised return is required to be filed? URGENT......
Secondly if the penalty of Rs. 5000/- is applicable on revised return
nitish vats
(?//)
(24 Points)
Replied 07 September 2018
Sagar Devani
(Corporate and International Taxation)
(1174 Points)
Replied 07 September 2018
You need to check why tax is payable as per departments working. If it is correctly determined pay the tax. If no respond on the portal that it is incorrect demand.
Futher, even if tax is payable you just need to pay the tax withhout paying penalty and filing revised return.
CAclubindia
