By when should I pay the additional amount demanded in the Notice u/s 156?

• Related Articles

• What will be the consequence if I do not respond, or pay the additional amount demanded u/s 156?

  Failure to respond to the 156 Tax Notice Demand will attract the following penalties Interest up to 1% on the demanded amount after 30 days expiry time (u/s 220). Penalty less than the tax demanded u/s 156, amount being determined by the Assessing ...

• How can I pay the demanded amount u/s 156 online?

  You can pay the demanded amount u/s 156 by logging into the Income Tax e-Filing website and following the steps below: 1. Click on “e-File” and select “Respond to Outstanding Tax Demand”. Below screen will appear. 2. “Submit” the response and then ...

• Why did I get a Tax Notice u/s 156?

  A Demand Notice u/s 156 is sent to you by the I-T Dept. for demanding payment for any additional tax liability, interest or penalty that may be levied on you. This demand is raised by your assessing officer in respect of any assessment order for ...

• Why did I get a notice u/s 143 (2)?

  You received a Notice u/s 143 (2) to inform you that a Scrutiny Assessment will be carried out by an assigned Assessing officer (AO) to ascertain whether your claims for deductions, exemptions, etc. are factually and legally correct. The AO has to ...

• What is an Assessment Intimation u/s 143 (1)?

  Assessment Intimation u/s 143 (1) is issued by the I-T Dept. if the Assessee has either overpaid or underpaid his tax. If he has paid more tax, then the notice will intimate him of the refund amount. If he has paidless than the liable amount, then ...