We have received demand notice u/s 156 on 13/03/2024 but the accrued interest shown in portal from Jan 2024. ITR filed on 29/12/2022.
As per 220(2) interest chargeable from 30 days of 156 notice.
Please give a clarification for the same
Menu
Interest under section 220(2)
Replies (1)
How to respond to an Outstanding Demand Notice?
Four options are available for a taxpayer to respond against an outstanding income tax demand notice. Given below are the options:
- Demand is correct.
- The demand is partially correct.
- Disagree with demand.
- Demand is not correct but agrees to adjustment
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
