Due to the rounding off in excel total tax payable is rs10

u send as it is filed ITR-v form  to CPC Bangalore for Assessment and when Intimation u/s 143(1) received ,then as per intimation if demand is raised by IT deptt then u pay Rs. 10/- otherwise no need.

If payable is more than 100 Rupees then only Income Tax Department send Demand Notice,

In Your case Liability is very less, Dont Varry about it.

But now a days if it shows a Payable of Even Rs10 then you will receive a Demand Notice under Section 143(1) better to Pay it off after receiving Notice, otherwise no need to pay Demand Raised below Rs 100

you send that itrv to CPC

it will be okay..no need ot pay any thing as amount payable is not more than 100

Dear Sirs,

Today I have uploaded my IT Return Online and downloaded the ITR V. I have small confusion regarding the entries in ITR V. SNo. 4 Net Tax Payable : 51515,     SNo. 5 Interest Payable: 0,        SNo. 6 Total Tax and Interest Payable : 51520,        SNo. 7e TDS ( Total Tax Paid) : 51519         SNo. 8 Tax Payable: Zero,       SNo. 9 Tax Refund : Zero,           It is showing a difference of Rs 1 (SNo. 6 minus Sno.7e) Please let me know if my Return is OK and I can go ahead and sent the ITR V to the CPC. Thanks in Advance Ajay

dont worry ajay

it is rounding off error.

u send ur ITR-V to CPC-Bangalore for processing..

Ur return is ok..U can go ahead and send the ITR V to Bengaluru..