Need advice on payment of outstanding tax liability

POSTED BY Wriju Bharadwaj ON July 5, 2013 12:55 pm ONE COMMENT

Hi,

Recently I looked at the section for Outstanding Tax Demand on https://incometaxindiaefiling.gov.in

I found that a demand had been made for Rs. 128 on 13/10/2009. I have a few questions

1. I understand that “CHALLAN NO./ITNS 280 (payment of Income tax & Corporation Tax)” is to be used for this purpose, please correct me if wrong.
2. For the field Tax Applicable should the option “(0021) INCOME-TAX (OTHER THAN COMPANIES)” be selected?
3. The total amount which I need to pay is Rs.128/- plus 1% simple interest for each month till date (46 months till date)? Please clarify on this as the website does not mentioned inclusive or exclusive of interest.
4. In the Challan form which option that needs to be selected for the field “Type Of Payment*”
a. (100)ADVANCE TAX
b. (102)SURTAX
c. (300)SELF ASSESSMENT TAX
d. (106)TAX ON DISTRIBUTED PROFITS
e. (400)TAX ON REGULAR ASSESSMENT
f. (107)TAX ON DISTRIBUTED INCOME

Thanks and Regards,

Wriju

One reply on this article “Need advice on payment of outstanding tax liability”

  1. 1.Yes

    2. Correct

    3. With Interest

    4. c)

    Manish

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