Any provision for tax payment by installments after 143(3)

385 views 3 replies

Dear All,

 

I have received the Demand Order ( Assessment Order ) notice 143(3) after my scrutinity to pay 1400000 ( 14 Lakhs ) within 30 Days.

But i can't arrange within 30 day to pay whole amount. 

Please tell me any way to pay it as Installments and what is the procedure to apply with AO or ITO.

Thanks

 

Replies (3)

Yes you can do so but only with the permission from you AO. You will be levied with extra interest also on the balance amount also. You need to meet your AO at the earliest

Thanks Rinkal. I have appointment tommorow for my CIT(A) appeals. In that case CIT also should agree Right for the Installment.

Keep your fingers crossed and hope for he best. Provide him with reasons for the delay in payment of demand order.

Also take the help of a CA to handle it better

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details