Intimation u/s 143(1) for making demand
This query is : Resolved
vinod kumar pal
(Querist)
05 December 2016
Hello Experts
Sir I have return file ITR 4 A.Y 16-17 on 05.08.2016 & paid income tax Rs 57250 after deduction 80C
I am Prop of Trading Co. But I have received Intimation u/s 143(1) & making a demand of Rs 5075/-(For Advance tax Interest)
1. For Default in Payment of Advance Payment (Section 234B = 2958
2. For Deferment of Advance Tax (Section 234C) =2117
2958+2117=5075
Please Clarify this notice & Matter of Advance Tax (Calculation of 5075)
What i do for payment of 5075 or Not
Sir I have return file ITR 4 A.Y 16-17 on 05.08.2016 & paid income tax Rs 57250 after deduction 80C
I am Prop of Trading Co. But I have received Intimation u/s 143(1) & making a demand of Rs 5075/-(For Advance tax Interest)
1. For Default in Payment of Advance Payment (Section 234B = 2958
2. For Deferment of Advance Tax (Section 234C) =2117
2958+2117=5075
Please Clarify this notice & Matter of Advance Tax (Calculation of 5075)
What i do for payment of 5075 or Not
ANKIT AGARWAL
(Expert)
06 December 2016
Since Tax Liability exceeds INR 10,000, advance tax is applicable. Please pay the demanded amount online and file necessary response online.
vinod kumar pal
(Querist)
06 December 2016
I am paid online but not submit response then what i do for response now
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
