Demand for interest and penality
This query is : Resolved
08 March 2019
I HAVE FILED ITR II FOR AY 2018-19 AND LATER ON REVISED IT.
WHILE FILLING AND SUBMITTING ITR ONLINE NO INTEREST AND PENALTY WAS THERE WHICH SHOULD HAVE BEEN AUTO CALCULATED IF IT WAS DUE.
NOW INTIMATION UNDER SEC 143 HAS BEEN RECD FOR PAYMENT OF INTEREST AND PENALITY. IN RESPONSE TO THE ABOVE QUERY FRM IT DEPTT IT IS INFORMED THAT ADVANCE TAX WAS PAYABLE BEFORE CONSIDERING RELIEF UNDER SECTION
89.
HOWEVER IN THE UTILITY DOWNLOADED FROM IT SIDE THE NET TAX LIABLIITY IS CALCULATED AFTER CONSIDERING RELIEF UNDER SEC 89 AND IF THIS RELIEF IS SHOWN AS NIL ONLY THEN INTEREST AND PENALTY WAS DUE. ALSO NO DEMAND WAS RAISED WHILE PROCESSING ORIGINAL RETURN
WHILE FILLING AND SUBMITTING ITR ONLINE NO INTEREST AND PENALTY WAS THERE WHICH SHOULD HAVE BEEN AUTO CALCULATED IF IT WAS DUE.
NOW INTIMATION UNDER SEC 143 HAS BEEN RECD FOR PAYMENT OF INTEREST AND PENALITY. IN RESPONSE TO THE ABOVE QUERY FRM IT DEPTT IT IS INFORMED THAT ADVANCE TAX WAS PAYABLE BEFORE CONSIDERING RELIEF UNDER SECTION
89.
HOWEVER IN THE UTILITY DOWNLOADED FROM IT SIDE THE NET TAX LIABLIITY IS CALCULATED AFTER CONSIDERING RELIEF UNDER SEC 89 AND IF THIS RELIEF IS SHOWN AS NIL ONLY THEN INTEREST AND PENALTY WAS DUE. ALSO NO DEMAND WAS RAISED WHILE PROCESSING ORIGINAL RETURN
08 March 2019
The issue is vexed. You have to take the matter in appeal before the CIT (Appeals).
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