DRC - 07 payment and set off

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies the process for paying and setting off liabilities raised via a DRC-07 notice. It explains how to make payments through the tax portal's Cash Ledger and link them to the demand. The user also inquires about the procedure for concluding a DRC-07 payment compared to voluntary payments made using DRC-03 and DRC-04.

Srinivasa Joshi

Srinivasa Joshi (Querist)
Follow

20 November 2023 Dear Sir
we have received DRC-07 against audit, how to pay and set off the liability,
please do the needful.
Thanking you
Yours faithfully
Srinivasa Joshi

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

20 November 2023 The demand made in DRC 07
Go to the Services Module – Click on Tax Payer details – Cash Ledger (which will now reflect the tax, penalty, interest deposited in Bank) – Quick Link (found at middle of the right scrolling bar) – click on payment towards demand – Enter the demand of tax, interest and penalty raised.

Srinivasa Joshi

Srinivasa Joshi (Querist)
Follow

20 November 2023 okay thank you sir, but we need to file any like DRC 03

Srinivasa Joshi

Srinivasa Joshi (Querist)
Follow

21 November 2023 Respected Sir
My doubt about payment of DRC-07, after making the payment we need to file and intimate to department, set off of cash is to made in DRC-07 only, but in case of voluntary payment we are filing DRC-03 and asking for issue of DRC-04, in case of DRC-07 payment how it is concluding by department.
Thanking you
Yours faithfully
Srinivasa Joshi

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now