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.
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.
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
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
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!!!! -:)