Challan 280

This query is : Resolved

Gourav Sharma (Querist)
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17 March 2011 I have a little confusion. I have got notice from IT deptt to pay 747/- as it was intt levied u/s 234B and 234C. Pls suggest type of payment to be selected?
I guess it to be tax on regular Assessment.
Also, Should I mention the amount in front of interest column only?

pls advice

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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17 March 2011 Yes the type of payment will be --
Tax on Regular Assessment (400)

Fill Rs 1 in Income Tax column and rest in interest column. Once while depositing the interest the bank asked to fill at least 1 Rs in Tax Column.

Gourav Sharma

Gourav Sharma (Querist)
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17 March 2011 Very good answer. I did not know bout filling atleast Re.1 in tax column...Thanks for the anwer and relevant updation.

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