Intimation u/s 143(1)
This query is : Resolved
28 January 2016
Hi
we have recd intimation u/s 143(1) for FY 13-14 of our society.
It contains as amount 1000 odd as tax payable.
The intimation was recd long ago around 2 months before.
Now if I want to make the payment shall it be done with interest payment or only demand payment needs to be made.
Also, if interest payment needs to be made...what should be the calculation.
Awaiting Feedback.
Ganeshbabu K
(Expert)
28 January 2016
Pay the amount as stated in demand.
KAVIRAJA ADDANGADI
(Expert)
28 January 2016
You pay Demand Amount first ,after words you have to pay interest if demand determined for Interest.
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