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
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Intimation u/s 143(1) & interest requirement
Replies (3)
Why there is a demand. ? What are the items of disallowances under 143(1). ?
Thanks,
I am filied partial return. I.e total tax liability for me is rs. 27740 + 8240 towords interest u/s 234A B C..but I had paid only rs. 27740. So what they demand is absolutely right.
Sec 220 : Ineterst Penalty
you should pay Rs 8820 i.e. alongwith penalty
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