intimation u/s 143(1)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 November 2010
we have recd intimitation u/s 143(1).What will be the type of payment category for making payment for amount payable? Will it be Tax on REgular assessment or any other. Kindly let me know
CA Sanat Pyne
(Expert)
16 November 2010
Yes. It will be tax on regular assessment.
CA.Madhusudan B.P.
(Expert)
16 November 2010
If you are using Challan No ITNS 280, then its a Tax on Regular Assessment, And neither an Advance tax nor Self Assessment,As the payment is being done (Proposed payment) in responce to Intimation U/s.143(1)
taxindiaconnect
(Expert)
16 November 2010
Agreed with Sanat.
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