hi,
i hav got a tax demand of Rs 6050 from cpc for AY 11-12 dated 27/06/11 (received around 10/7/11) for which i made an online payment of tax on 17/07/11 thru HDFC bank. Now on 31/1/13 i filed for rectification online for the same but now when i check the status it shows a tax outstanding of around 79,000.
Can the experts pls help me understand the reason for tax outstanding and the process forward.
Regards
Sachin
Your Query is not Explicit. You can Check the Demands Outstanding with respect to Year. It is possible that Demands Outstanding in the Books of Your Jurisdictional Assessing Officer for the Past year/s may have been transferred (The details available in the CPC itself where you have checkd your current status). Then You cn approch the concerned Assessing Officer for remedy.
their is no tax outstanding for past years...its only in Ay 11-12 their was a demand of Rs 6050...
i had made a tax payment under minor head "300" is this the reason for the current outstanding demand (penalty + interest)?
Interest Rate is 1% p.m. and will not accrue to your account automatically. The Original Demand Will Stand as it is. Only at the time of Recovery, the calculation of Interest and their Payment. Rs.6050 can not grow to Rs.79000
The marking minor Head has no effect. The Department will adjust the Payment.
You check Your payment Status in Your Form 26AS.
You Contact CPC in Toll Free Number to enquire about the Outstanding Demands
sir..my payment of Rs 6050 (tax demand) is reflecting in Form 26AS, i had called cpc regarding the Outstanding Demands but they say the current rectification request is still "in process" and i have to wait till the time it is finished and cpc issues rectification u/s 154...but i am worried seeing the figure of 79000 under outstanding demand.
i understand the demand made u/s 143 was processed by cpc after going thru the efiling details and whatever demand was made would be final. i feel i made a mistake in filing the rectification...
pls advice
Rgds
Sachin
Rectification can be filed any number of times. U need not worry about that. Enquire about the Outstanding Demand of Rs.79000. It is not against Your Return for the AY 11-12
sir ...in the outstanding tax demand status it is showing for AY 11-12 , sec - 154 , date of demand - 25/2/2013 , amount - 78510.....isit possible that it is an error? their is no change in my income for such a huge demand ..i m a salaried personal and had filed the return on the basis of my form 16
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