Self assessment tax

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Learner
1882 Points Posted on 28 August 2015

Dear Members

 

I am filing return of a individual and his tax payable comes out to be Rs. 12000.

 

now if a person deposits tomorrow in bank 12000 as his self assessment tax.

 

then how much time does it take for self assesmsnet tax to reflect in Quick File E-Return in e-fliing webstie.

 

we can file return only after all taxes are paid?

 

regards

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On 28 August 2015 at 15:31 Report
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self
611 Points Posted on 28 August 2015
Better ask client to pay thru online and get challan no and bsr code. Fill the same and submit return. Heavy rush may make server hang and delayed.
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On 28 August 2015 at 15:44
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Tax Technologist
1949 Points Posted on 28 August 2015

Once you have the SAT payment details, you can fill the same in tax form, dont wait to et it teflected in 26AS

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On 28 August 2015 at 16:32
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CTO
745 Points Posted on 28 August 2015

Pay Self assesment tax online. Downlaod the challan. Put in ITR form and upload

5 Min job. Dont delay . There will be no extension of filing.

 

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On 28 August 2015 at 17:30
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Chartered Accountant
47 Points Posted on 28 August 2015
Pay online as tommorrow is holiday (4th Sat) of banks and after you paid the tax either online or in bank branch u get challan serial no. Imidiatly. Enter that challan no. & amt and file ur itr no need to wait .
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On 28 August 2015 at 18:45
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Partner
115 Points Posted on 28 August 2015
4th Saturday holiday is applicable from on 1st September
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On 28 August 2015 at 19:03
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Article Assistant
304 Points Posted on 28 August 2015
well it depends on bank workings... it will be better if u make payment by net banking mode challan no is generated quickly...
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On 28 August 2015 at 19:18
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Others
1212 Points Posted on 28 August 2015

From Ist of September 2nd and 4th Saturday have bank Holiday

Best pay tax online. Challan No , BSR code  date and  amt should match with downloaded Challan.

Happy filing

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On 28 August 2015 at 19:32
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100
33 Points Posted on 28 August 2015
Plz..make online payment and get e- challan otherwise deposit tha same in bank and get it from bank .
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On 28 August 2015 at 19:33
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Practising CA.
594 Points Posted on 28 August 2015
Madam, If you are able to deposite the cheque into bank on saturday,and you got the bamk BSR code. you file your return of Income by just enterring challan no.00001 with actual bank BSR. In such a case you have two options, 1)Since you had filed the return within due date,you can revise return u/s 139(5) by entering correct challan details. or 2) You can wait for intimation u/s 143(1),in that case you can reply to department under mismatch of tax credit.
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On 28 August 2015 at 21:54
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Partner
32 Points Posted on 29 August 2015
You have to mention full particulars of tax payment in the return of income,though the date of filing of return of income may be earlier to the date of payment of the tax.
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On 29 August 2015 at 22:51
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ARTICLE CLERK
101 Points Posted on 29 August 2015
If the payment is by cash you can get the challan next day from the bank and fill the details of Challan....or else online payment....you need not wait til it's being reflected in 26AS.
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On 29 August 2015 at 23:46
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ACCOUNTANT
24 Points Posted on 30 August 2015
mam what is condision self assessment tax deposit
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On 30 August 2015 at 12:20
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Student
191 Points Posted on 01 September 2015
It takes 7 days from the date of tax paid to get credited in Form-26AS.(Excluding Holidays)
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On 01 September 2015 at 11:57
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.
28 Points Posted on 02 September 2015

The best possible way would be to pay it online and take the challan details and fill the necessary challan details and upload the returns.

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On 02 September 2015 at 13:07

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