Yes, You can file the return and pay tax subsequently with applicable interests and then file revised return within one year from the end of the Assessment year
a return filed without paying the self assessment tax as declared in the return is considerd as a defective return u/s 139(9). the asseessing officer will issue you the notice regarding the defect and u have to respond to it in 15 days. You can pay the tax in this 15 days period and it will render the return as valid.
RETURN CAN BE E FILED WITH OUT PAYMENT OF SELF ASST. TAX .
ITR V SHALL SHOW THE TAXES PAYABLE AS DUE
AS IN THE RETURN ITSELF TAX DUES ARE SHOWN AS PAYABLE, the same is beyond the scope of 139 (9) (c) and hence the return cannot be declared as defective.
THE TAXES CAN BE PAID ANYTIME IN FUTURE WITH INTEREST DUE.
SYSTEM ITSELF SHALL GIVE CREDIT FOR THE 140A PAID SUBSEQUENTLY.
If you cannot file without paying the tax, then for what do we have a column in all form saying "balance tax payable" before "refund"... i m sure it can be done and i ve done it several times...
Of course its better to file a revised return after paying the amount, but i dont think its compulsory... the credit reaches the database automatically, and the non-payment is not a "mistake" of the assessee to be revised...
Leave a Reply
Your are not logged in . Please login to post replies