Interest under section 220(2)
Rijo John (audit manager) (447 Points)
07 June 2024As per 220(2) interest chargeable from 30 days of 156 notice.
Please give a clarification for the same
Rijo John (audit manager) (447 Points)
07 June 2024
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3549 Points)
Replied 07 June 2024
Four options are available for a taxpayer to respond against an outstanding income tax demand notice. Given below are the options:
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)