my friend having salaried income during AY 2010-11 have payed his tax by way of tds and have filed the return in time without any default. he is having a copy of the form 16 he got frm employer.
now he have received 141(1) for IT dept. asking him to pay penalty under section 234b and C and intereest there on.
is he liable to pay advance tax when his Tax is deducted at source and the return is filed by him in time. wat wil be the reason for such a notice from IT dept?
his total tax paid is around 25000 and the notica claims that his total tax due is 32000(including the TDS dedutd from his salary + penalty u/s 234b and c) .
wat is the next step he is suposed to do?? should request for a clarification or go for an appeal??