Hello everyone,
Client want to file the updated return now and pay the tax later once the demand raises. Can we do that. He is getting tax around 2 lakhs.
Please help.
Hello everyone,
Client want to file the updated return now and pay the tax later once the demand raises. Can we do that. He is getting tax around 2 lakhs.
Please help.
He got notice from the department as there is high value transaction in fy 19-20, and the department mentioned to update return and pay tax. After calculating he got 2 lakhs of tax amount he is ready to pay but asking some time. The last date to file reply is today. So i have raised the above query. Is there any option sir to file now and pay tax later for updated returns.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
