Self asst tax not paid at the time of filling the return.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2011 sir, I have filled my I.T.Return for Asst Yr. 2009-10 within the Due Date and the Self Asst.Tax which was payable not paid at the time of Return Filling .Further The Tax which was due has been Paid after one month.Now The case is under scruitiny and asst proceedings are going on.
My querry is that whether any penalty
will attaract for the delay payment of Self AsstTax i.e after the filling of Return.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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15 September 2011

The assessing officer can initiate penalty proceeding u/s 221 of the I. T Act,1961 under which he / she can impose penalty up to the extent of tax due.

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Self asst tax not paid at the time of filling the return.

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