It demand notice u/s 245 settlement

ITR 270 views 1 replies

There is an Outstanding Demand Income Tax e-filing Account of Rs.240 relating to AY 2014-15 and My refund during AY 2016-17 is Rs.55,670/-.

If i agree with IT Demand, will Rs.240 be adjusted against my refund or Will i required to pay it now.

Will Department charge any interest for same as Notice was raised on 21/04/2016 and i'm settling it now.

Replies (1)
if u agree with the demand it will be automatically adjusted to the refund of Rs. 55,670/-. you need not to pay it separately. no interest is charged thereon.


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