Regarding non payment of income tax

This query is : Resolved

pankaj (Querist)
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15 December 2014 Dear All

Can a Co. File ITR Without payment of taxes of income tax on the due date ??

If yes Then what are the consequences in this to co and on what timing co pay the taxes .

Amol S Joglekar

Amol S Joglekar (Expert)
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15 December 2014 The return may be uploaded without payment of taxes.
The consequences could be DEMAND notice from the department.

pankaj

pankaj (Querist)
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15 December 2014 ok but is there any time limit to pay this tax or directly deptt issue demand

Amol S Joglekar

Amol S Joglekar (Expert)
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15 December 2014 As and when your pocket permits, you can deposit the tax.
Once department issues demand notice, you are left with no other choice but to pay the tax as demanded and that too within the time stipulated in the said demand notice.

Rupesh Jain

Rupesh Jain (Expert)
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15 December 2014 you have to pay the tax after the notice received with in 30 days

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