Demand of Rs. 3 by intimation under U/S 143(1)

 

If u have received intimation thru e-mail, agar aap mail padhenge to usme likha hota hai, that DEMAND OF RS 100/- OR MORE IS MANDTORY TO BE DEPOSITED.

Therefore demand of less than Rs 100 need not to be deposited.

Dears

We have recd Rs: 10/- as tax due but we have paid,since after some period if we get another notice with interest & calims for default in payment why should it drags on for ever. So we have closed the file.

Originally posted by : nba


Demand is for the difference in calculating interest under section 234C. CPC calculated Rs. 3 more than what I did. I filled return electronically and got digitally signed intimation via email.

 hii.........

 

i think that if u go thru the terms at last page.............there's clearly written that no demand upto rs. 100 needs to be paid.

See the mail correctly............ it is mentioned there is no need to deposit  the demand upto Rs. 100............  so u shouldn't have to do any thing in this regard.

Either 

 

Forget that you received one deamdn notice for Rs.3.

 

or 

 

(Humour)

 

Keep ready Rs.3 with you to pay it whenever further notice comes to you by the department. 

In my case i would tear off that, who is gonna waste time for such stupid liabilty raised, u are wasting your time by doing so , use  the intimation for eating hot bondazzz! he he

Dear all student,

first of all see section 288 (B) of the income tax Act, 1961

in that section  any sum payable by an assesee and tha amount of  a refund due under the provision of the act see be rounded odf to the nearest Rs. 10 w.e.f. july 2006

so in intemetion U/S 143 (1) of the income no need to pay Rs. 3

thanx

Update:

I talked to CPC Bangalore Call Center and they confirmed that no need to pay any tax. No need to pay tax if demand is less than Rs. 10. I got email just to notify me.

Thanks for the replies.


Somebody replied saying 'bad question'. Just imagine yourself waiting at IT bhavan to meet AO. if you are lucky, problem will be solved on the first visit else keep visiting!!!! -:)

u should ignore such demand raised by the department.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details