I AM RECEIVED A INTIMATION U/S 143(1) DEMANDING RS 8240.
NOTICE DATE IS 18/7/2013.
IS I AM ONLY LIABLE TO PAY RS 8240
OR RS. 8820 I.E 8240 DEMAND & RS. 580 TOWARDS INTEREST U/S 220(2). IF I PAY IT IN FEB 2014
Rishabh (ARTICLE) (238 Points)
20 February 2014I AM RECEIVED A INTIMATION U/S 143(1) DEMANDING RS 8240.
NOTICE DATE IS 18/7/2013.
IS I AM ONLY LIABLE TO PAY RS 8240
OR RS. 8820 I.E 8240 DEMAND & RS. 580 TOWARDS INTEREST U/S 220(2). IF I PAY IT IN FEB 2014
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3469 Points)
Replied 20 February 2014
Why there is a demand. ? What are the items of disallowances under 143(1). ?
Thanks,
Rishabh
(ARTICLE)
(238 Points)
Replied 20 February 2014
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 21 February 2014
Sec 220 : Ineterst Penalty
you should pay Rs 8820 i.e. alongwith penalty