Hi Friends,
One of my client has not paid the tax within the due date but in the subsequent month he has remitted the tax due without calculating interest. Wats the consequece of the same. Pls let me know at the earliest.
Thanks,
Girish
Girish.s.Sundar (Student) (47 Points)
09 March 2010Hi Friends,
One of my client has not paid the tax within the due date but in the subsequent month he has remitted the tax due without calculating interest. Wats the consequece of the same. Pls let me know at the earliest.
Thanks,
Girish
megha
(Working )
(71 Points)
Replied 09 March 2010
if its well within the time limit of filing the revised return , he should revise the return and pay the due tax along with the interest .
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961