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As per notice,.how to show on portal interest paid

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sangeeta

Accountant

63 Points Posted on 18 August 2022

we have paid interest amount as per portal notice for previous years. After payment. the amount appears in cash ledger. Next time, when we proceed for payment of taxes, system adjusted amount from cash ledger which we had paid against notice. How to shown on portal that we have paid interest against notice? which form should be uploaded for the same?

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Quick Summary

This discussion addresses how to accurately reflect interest payments made against a tax portal notice. After paying the interest, it appears in the cash ledger, and the system automatically adjusts it when paying future taxes. The recommended solution is to use Form DRC-03 for paying liabilities and to set off the interest paid. This ensures the portal correctly shows the interest payment against the notice.