A demand has been raised against Fy 2019-20 for which a taxpapyer failed to verify the return before 31.03.2021 in the pandemic time. However a revised return filed and verified before 31.03.2021 for the same financial year.
A demand has been raised of Rs. 11100 + interest.
Is it valid? Also a condonation request not accepted for not verifying the ITR within time.
Is the demand genuine and should must be paid??
Now there is no question of any argument. You missed the opportunity and caught in the net. Technically the demand is correct.
Yes, you have to pay the tax because the original return was not verified.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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