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This query is : Resolved 

10 July 2014 BANK HAS NOT DEDUCTED TAX OF 40000RS BY 31 MARCH 2014, HOW MUCH TAX IS TO BE PAID BY ASSESSEE,
IS THERE ANY INTEREST AND PENALTY ?
WHAT IS DUE DATE FOR DEPOSITION OF TAX FOR A.Y 2014-2015?
IS IT 31 JULY 2014

10 July 2014 You are not liable for Interest and penalty but bank is liable. For individual, due date for filling return is 31st July 2014. Before filling of Return, you have to pay tax @ 10% on Rs.40,000.00

10 July 2014 PERSON HAS FILLED RETURN,BUT TAX IS NOT YET PAID TO CENTRAL GOVT?

10 July 2014 It is considered as Defective Return. If you have paid in-time return then you need to pay tax and revised the return.


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