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.
My querry is that whether any penalty
will attaract for the delay payment of Self AsstTax i.e after the filling of Return.
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.
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.
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
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Section 50-fixed asset-->building ceases to exist
- Regarding Applicability of Tax Audit u/s 44AB
- Consolidated financials
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
