sir;
we have received tds default notice. we paid fee payable us 234F as per demand notice. Now again demand notice received with interest us 220(2). how to waive off this interest ? only commissioner has the authority to waive off or AO can also waive off this ?
Menu
TDS Return demand interest us 220(2) waive off.
Replies (3)
If the required amount was paid within the specified time limit as per the demand notice, the interest u/s. 220(2) would not have been charged.
But if it was paid later than the time limit, then interest is chargeable.
Anyway, Your Jurisdictional ITO has authority to reduce the interest or nullify it, based on your appeal.
Okay .. 👍 thank you sir
You are welcome..
Recent Topic
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
Related Topics
CAclubindia
