Section 1433
This query is : Resolved
07 February 2013
I JUST WANTED TO KNW THIS SECTION N THE DEMAND RAISED AS PER THIS SECTION BY DEPARTMENT (OUTSTANDING DEMAND)?
07 February 2013
Section 143(3) is the section under which an assessing officer issues an Order after hearing the assessee. The assessee is asked to file a number of required details and on the basis of the material produced before him, an order is framed by him.
.
He makes additions, if he is not satisfied with the details submitted before him or explanation given by the assessee.
.
The additional tax liability arises if addition in the income is made. For collecting the tax, AO issues a Demand Notice also along with the order.
.
If the demand remains unpaid it is called outstanding demand.
.
.
He makes additions, if he is not satisfied with the details submitted before him or explanation given by the assessee.
.
The additional tax liability arises if addition in the income is made. For collecting the tax, AO issues a Demand Notice also along with the order.
.
If the demand remains unpaid it is called outstanding demand.
.
Message likes :
1 times
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
- Section 270A penalty
- GSTR 1- Amend Credit Note
- Supply to unit situated in SEZ
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- TDS AFTER SUBMISSION OF 15G OR H
- Tax liability on gift amount given to blood relation
- Reimbursement of expense- GST applicable or not
- Acting as an Agent
- Temporary GST registration
- To Whom the Professional Invoice should be Raise
- GSTR 9C- Table 9
- GST Registration Application -Rejected
- Problem in filing Returns for International workers in EPFO
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
