Hi,
I received the demand notice u/c 143/1a for AY - 2011-12 , 2012-13 and 2013-14.
I filled ITR 4s after the due date and forget to pay the tax amount, now i want to know the fine or interest amount of late payment made as on 26/04/2017.
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Outstanding tax demand notice u/c 143/1a
Replies (3)
Penalty will not be levied, but interest over late payment @ 1% PM may be levied after final adjustment of the payment.
first pay whatever amount is demanded in 143 notice (if u agree) then again another demand will be raised for intt separately-check it on website
Thanks for the information Sir...
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