08 July 2015
DEAR SIR, DUE TO LACK OF FUNDING ASSESSEE ARE UNABLE TO DEPOSIT THE EXCISE DUTY PAYABLE.BUT AFTER AVAILABILITY OF APPROPRIATE FUND HE DEPOSITED THE EXCISE DUTY ALONG WITH INTEREST.NOW AO CHARGED THE PENALTY DUE TO DELAY IN DEPOSIT.WHAT SHOULD BE THE PROCEDURE TO ESCAPE THE PENALTY.
08 July 2015
Dear Sir, Assessee had paid the Basic Duty Payment Along With Interest with in next 6 Months. Whether Penalty will impose on him.If Yes, Then How much & can it be saved?
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