Income tax demand notice for ay 08-09
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2014
my returned income is 494832. Additional income added in demand notice is 72875. I have filed my return for AY 08-09 on March 19; 2013. I have received demand notice for Rs. 35118. Can you help to understand how additional tax and penalty amount of Rs. 35118 is calculated.
26 February 2014
no. you need to refer to the computation under the assessment order to understand the computation of tax liability and any additional demand.
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