how to respond if demand arised for ay 2020/21 u/s 234F through intimation u/s 143(1) which was already paid at the time of income tax return (belated) filing.
please guide step to step process on new Income tax portal.
thanks...
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Demand u/s 234F
Replies (5)
Quick Summary
Kindly follow below steps:
Login to your income tax portal. Under pending actions tab there is an option called "Response to outstanding demand". Once you click on that option you will see the said demand entry. Also an option will be there to place response to the said demand by either agreeing or disagreeing with the demand. If you disagree, you need to mention the reason. Once you complete with that you can submit your response which will get forwarded to the concerned officer, who would verify and initiate further action.
234F-Late for,belated Filing.
pay as tax on regular assessment & agree with the demand in the portal,if it is right.
pay as tax on regular assessment & agree with the demand in the portal,if it is right.
IF THE DEMAND IS LEGITIMATE PAY THE AMOUNT OTHERWISE SUBMIT RESPONSE TO THE OUTSTANDING DEMAND.
Late fees u/s 234f was paid at the time of filing the belated return,so there is no tax due at present.what to respond now?
As mentioned in first reply in the chain, keep response in "Response to outstanding demand" saying that you disagree with the demand as late fee was already paid. Supporting the same you can mention in reason, challan information as well.
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