Penalty
This query is : Resolved
07 April 2016
under section 271 (1) (C) Order issued for depositing penalty by IO.
1.Can partial amount(50%) of penalty can be deposited?
2.If we won at ITAT, will penalty will be refunded?
3. Interest will be applied on non remittance of penalty?
Pl Guide as soon as possible.
Thanks.
1.Can partial amount(50%) of penalty can be deposited?
2.If we won at ITAT, will penalty will be refunded?
3. Interest will be applied on non remittance of penalty?
Pl Guide as soon as possible.
Thanks.
08 April 2016
Submit appeal against order of penalty.
Apply for stay till decision of appeal, part payment can be done as may be decided by authority.
If appeal order is in favor amount paid will be refundable.
If penalty is confirm, the dues will attract interest on unpaid amount till date of payment.
Apply for stay till decision of appeal, part payment can be done as may be decided by authority.
If appeal order is in favor amount paid will be refundable.
If penalty is confirm, the dues will attract interest on unpaid amount till date of payment.
10 April 2016
9850350854 u can contact me on this no.
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Journal entry of busniess expenses
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- RATE AND HSN CODE
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
