Ask Questions and get Answers Fast Free Online now

Normal Grid Pagination Scroll

Select a photo to attach.

Please select category!

EveryoneEveryone

Add Photo

Select Category

Dilip dwivedi

Category : Intimati..,

Solved

September 2, 2018 6:55 pm

Hi.....Amlaan sir...
Good afternoon...with happy janamastmi...
I'm salaried person..I have filled itr for AY 2018-19 with the refund of Rs 4120...but I have got notice 143(1) for paying Rs 3790 interest of u/s 234b and 234c ...My Queries are....
1-What i do rectification request or revise return?
2-If I...

Recommended

User

Hide Placeholder
Hide Discussion

Amlan Dutta

234b and 234 C would have been computed by return itself ...did you edit it at the time of return filing ....you cannot seek rectification of penal interest on advance taxes ....intimation will itself adjust Tax credit available against all payable liability and let you know how much is to be paid /...

September 2, 2018

LikeLike Unlike

Ronnie Sahani

Category : PENALTY..,

Solved

September 2, 2018 6:33 pm

Hello Sir, thanks for your tutorials that made us possible to file ITR through our self. With your tutorial video's I successfully filled my father ITR before due date.
Now I was given to file ITR on behalf of my father colleagues & Relatives after the due date & they are entitle to pay the late fees. After filing ITR details of one person I stuck at middle of something which I didn't find in your tutorials or others as I'm new for the late payment procedure for filing ITR after due date.

Case 1: Penalty Payment Code Selection.
Q1. Which penalty payment code I have to select from 11c or N11c as I'm paying late fees?

Case 2: I e-pay the late fee amount one of the taxpayer with my own SBI debit card and transaction was successful and I filed ITR and e-verified it.
After waiting sometime I didn't get any debit msg from bank so I called up Income tax helpline to clear my doubts and they said "The tax payer have use own debit card or net banking to pay his own tax amount, we cannot allow other person bank payment to pay such tax as both have different PAN No. which cannot help us to verify tax payer. Please revised the ITR with new late fee payment through Tax payer bank account and stop the transaction which you made payment through your debit card earlier at bank branch."

So I Revised the ITR with tax payer debit card and successfully e-verified.

Now I called up SBI bank helpline to claim or refund my own amount which i paid with my own debit card and they said it cannot be cancel now, the amount was already transfer to NDSL account. Then I called NDSL helpline they said we can't help you or cancel it, please contact income tax helpline or AO of your area and complain it.

Now I'm not able to find Contact no of AO anywhere as Sunday is holiday for ITR helplines. So I mistakenly paid the ITR late fee amount of one Taxpayer of Rs.1000/- twice with his debit card and also with my own debit card. A total of Rs.2000.

Q2. What I do now to get my 1000 amount back and in how many days I get it?
Q3. Do I have to wait to show both the late fee amount to show up in Form 26AS before Revised Filing and then claim in self assessment tax section?
Q4. Is it true that tax payer cannot use other person bank debit card or net banking to pay his own late payment fees?

Please suggest me the appropriate procedure of filing Revised return to duly correct all my mistake and confusions.

Many thanks in advance for finding solutions of my questions & queries. As it also help others to avoid any mistake in this belated period.

Regards, Ronnie Sahani

View Less

Recommended

User

Hide Placeholder
Hide Discussion

Amlan Dutta

Taxpayer can use other person debit card to pat tax liability ...only care to be taken care is that you fill pan card of the assessee so that the paid taxes go to his/her credit and not your own ...i paid my mothers tax using my netbanking ...i dunno who spreads such stupid things ...anyways now tha...

September 2, 2018

LikeLike Unlike

Ronnie Sahani

Thanks Sir, What Penalty payment code should I select from (11c or N11c) at the time of making payment. Can you tell me.

September 2, 2018

LikeLike Unlike

Sanjib Basak

Category : Penalty ..,

Solved

September 2, 2018 5:48 pm

Sir
A taxable payer income less than Rs 250000 lakh. He want to ITR 1 file for FY 17-18. He will file return after due date, then penalty is applicable or not?

Recommended

User

Hide Placeholder
Hide Discussion

Amlan Dutta

Actually, i think you refer to the late fee penalty (5000 Rs)under 234 F ...Note that persons for whom the gross total income is below threshold level , there is no late fee penalty ...best way to yourself figure out such things practically is fill up the return and determine the taxes computed by t...

September 2, 2018

LikeLike Unlike

View all replies

Suman Mandal

Category : TDS Cred..,

Solved

September 2, 2018 3:48 pm

Sir
amar ei message ta eseche. eta ki ? ete ki bhoyer kichu ache?

Recommended

User

Hide Placeholder
Hide Discussion

Amlan Dutta

It means that wherever you are working , the employer has deducted and deposited no TDS ...i.e you have so far for FY 2018 19 no TDS credit ... say tommorrow , you have a tax liability of say 10,000 rs , then you can use available TDS credit to meet the tax liability ...at present however it appears...

September 2, 2018

LikeLike Unlike

Suman Mandal

Thank you sir.

September 2, 2018

LikeLike Unlike

View all replies