we have received order DRC 07 towards payment of interest due to delay in the filing of the return.
what the time limit for payment of such interest from the date of receipt of DRC 07
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Payment against the DRC 07
Replies (1)
There is no "time limit" to wait; once a DRC-07 is received, the demand is final and should be paid immediately to stop the accrual of interest and prevent potential recovery actions like bank account attachment. If you are contesting the order, you have 3 months to file an appeal, but this requires a mandatory 10% pre-deposit of the disputed tax.
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