Process to pay outstanding income tax demand in installments

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If you have an outstanding income tax demand, particularly the 20% advance payment required for an appeal, you might be wondering about paying it in installments. While the Income Tax Department has exclusive powers, it may be possible to arrange installments if they are satisfied with your explanations. You will likely need to file a stay petition with the Assessing Officer (AO) and provide details of the 20% tax paid. The exact procedure, whether online or physical, may depend on the source of the demand notice (CPC or local IT Department).

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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