Utilisation of cash ledger balance

321 views
User Avatar

56 Points Posted on 17 December 2020
Can I utilise cash ledger balance under tax for payment of interest & late fees under the same minor head?
0 Reply Share Follow
On 17 December 2020 at 13:48 Report
Replies (5)
Quick Summary
This discussion clarifies that you can indeed utilise your cash ledger balance to pay interest and late fees under the same minor head. To do this, you will need to file Form PMT-09 to transfer the relevant amount from your tax balance to interest and late fees.

User Avatar

student
210 Points Posted on 17 December 2020
Yes you can use CASH ledger balance
1 Reply
On 17 December 2020 at 15:47
User Avatar

CA-Inter
126 Points Posted on 17 December 2020
You need to file PMT-09 for transferring the balance in tax to interest & late fees.
1 Reply
On 17 December 2020 at 18:20
User Avatar

Tax consultant
5895 Points Posted on 17 December 2020
Yes you can utilise
1 Reply
On 17 December 2020 at 19:09
User Avatar

56 Points Posted on 17 December 2020
Thanx a lot you all
1 Reply
On 17 December 2020 at 21:09
User Avatar

QUALIFIED CHARTERED ACCOUNTANT
613 Points Posted on 17 December 2020

Pls use PMT -09 for transfer amount

Reply
On 17 December 2020 at 22:51

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST IDS Refund – Statement 01A: Invoice Not
  2. TDS deposit code & TDS return
  3. AIS VS GST Mismatch- FY 2025-26
  4. Gross total income
  5. Export Compliance
  6. Sale of plots in open land
  7. Income tax query
  8. Best CA Inter coaching in laxmi nagar
  9. HOW TO SELL SHARES OF PRIVATE LIMITED COMPANY SOME
  10. Unregistered Association of Persons (AOP) Agreemen

More recent discussions | Post

Related Topics :

Loading