While making Tax payment of Penalty online,
The bank site is asking to fill up penalty payment code as 11c or N11c....
Code 11C is for Penalty Order u/s 271(1) (c) and N11C is for Order Other than u/s 271(1) (c).
Prem Sharma (Accounts Manager) (47 Points)
30 April 2013While making Tax payment of Penalty online,
The bank site is asking to fill up penalty payment code as 11c or N11c....
Code 11C is for Penalty Order u/s 271(1) (c) and N11C is for Order Other than u/s 271(1) (c).
R.VENKAT
(retired)
(88 Points)
Replied 22 August 2015
I have not received any demand notice. But I saw after logging into efiling web page some demands are there in the relevant page of some amount due for an earlier year. I want to pay that amount through direct "e-pay tax" in that webpage. after filling 280 form I get a confirmatory chalan wherein I have entered thetotal amount due. As this is perhaps some extra tax due to be paid based on assessment by incometax officer I can fill only total amount as indicated in the demand page and not under various categories like educational cess etscs. I have another doubt what to enter under penalty code 11c N11c. will the "total" be automatically entered? e-pay tax is convenient as the information will directly go to income tax dept but this problem exists. can somebody clear it. thanks
vijayakumar
(proprietor)
(172 Points)
Replied 08 August 2016
this is absolutely a typical vague state ment. If i HAVE NOT RECD ANY ORDER from IT then what should I do > what should I fill ??/ I am paying immly the TDS, - NO PENALTY, NO ORDER FORM IT - then ?????
Please guide lay man like me properly. Kindly try to fill STATE BANK ( WASTE BANK OF INDIA ) NET BANKING - TO FILL TDS 281 CHALLAN - IT REFUSES TO TAKE THE CHALLAN /
CA R.KANDASAMY
(CA Practice )
(44 Points)
Replied 25 November 2016
Hello Sirs, In my opinon
Code 11c: for Penalty in the normal proceedings, where the order is issued after giving proper notice
Code N11c: Penalty under IDS can be classified in this code, since the Form 2 can be treated as order [ so that it can be interpreted as order other than under Sec 271(1)(c) ]
CA R. KANDASAMY
Kartikey Jain
(Intern)
(2382 Points)
Replied 09 July 2018
Both Codes 11C & N11C relate to penalty payment.
The main difference is that 11C pertains to specifically Sec 271(1)(c) which deals with concealment of income & the penalty levied in this case ranges between 100% to 300% of the tax sought to be evaded. However it should be noted that this penalty has been withdrawn w.e.f. AY 2017-18 onwards.
While the code N11C is relevant for all the other penalty payments.
M Venkat
(CA finalist)
(456 Points)
Replied 18 January 2021
What if wrong code selected while paying the taxes?
Somashekara Nanjundappa
(6 Points)
Replied 05 November 2021
I am govt employee,paying balance tax,interest and penalty for my salary through online,the bank asks code 11c OR n11c to fillup,which i have to till,please clarify
Somashekara Nanjundappa
(6 Points)
Replied 05 November 2021
Of 11c is withdrawn in AY 2017_18 then why bank asks to fill
Somashekara Nanjundappa
(6 Points)
Replied 05 November 2021
If,11c is withdrawn in AY 2017_18,Then why bank asks to fill
Nalin Tiwari
(2 Points)
Replied 21 February 2022
You can leave it blank as it is not a mandatory field
Ayush
(Executive )
(6760 Points)
Replied 30 March 2023
Meaning : Penalty code 11C or N11C is related to the penalty for late filing of TDS statements or for incorrect or incomplete information in TDS statements, respectively.