banner_ad

How much amount paid for outstanding demand in traces or add interest with the demand amount?

TDS 280 views 1 replies

I found in traces in my portal there are some demand from the department, if I made payment and filed correction statement with such demand , if there are possible to increase demand amount later for particular statement. For Example I found in F.Y. 2012-13 in 4 quarter a demand of Rs. 400 was pending. my question is how much I have to pay Rs. 400.00 or any  extra interest amount have to be added such amount. If I made a payment of Rs. 400 and filled correction statement, there will be any chance to again raise any demand for particular statement. Please suggest

Replies (1)

"If I made a payment of Rs. 400 and filled correction statement, there will be any chance to again raise any demand for particular statement."

Yes, a new demand will be raised by closing older demand, for the amount of interest payable for the outstanding.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details