Process to pay outstanding income tax demand in installments

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Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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02 May 2022 what is the process to pay 20% advance payment for appeal in installments ..?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 May 2022 Pay 20% tax in challan 280.
Apply for stay of demand to AO in view of appeal filed with 20% tax paid details.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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03 May 2022 Is it possible or any other process to pay 20% tax in installments ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 May 2022 What is the tax demand. Is it appeal filed.

Eswar Reddy S

Eswar Reddy S (Expert)
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05 May 2022 It can be paid in installments but interest for delay may keep accruing..

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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05 May 2022 APPEAL FILED .. BUT 20% IS NOT PAID YET

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 May 2022 Pay 20% and file stay petition with AO .

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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05 May 2022 Sir, i want to pay that 20% in installments . Is it possible ? and if yes then what is the procedure for it ??

Eswar Reddy S

Eswar Reddy S (Expert)
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05 May 2022 IT Dept has exclusive powers. If they are satisfied with the explanations then you may execute your plans

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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05 May 2022 Eswar sir , what is the procedure for it ? Whether we to have communicate physically to the department or we to have file any form online ?

Eswar Reddy S

Eswar Reddy S (Expert)
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05 May 2022 Is the demand demand notice from CPC or from AO/CIT ?

Eswar Reddy S

Eswar Reddy S (Expert)
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05 May 2022 It depends on the mode of notice received. Is the demand raised by CPC or Local IT Dept ?

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Process to pay outstanding income tax demand in installments

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