Some demand has been raised by my Assessing officer after assessment. Can I pay this demand in installments or seek time till my appeal is settled?
Submitted by navin on Wed, 10/22/2008 - 13:12
Yes. You may approach your Assessing officer within 30 days of receipt of demand notice for installments or stay or seek time for payment. However you are liable to pay interest for delay in payment of demanded tax.
Income Tax FAQs
- Can I use this facility to pay stamp duty in electronic manner for payment of stamp duty for services other than that of MCA21?
- ITR-1 is return for individual having income from salary/pension/ family pension and interest. An individual having only salary income and no interest income may use this form or he has to go for ITR-2?
- What is eLagaan?
- What documents and information have to be submitted along with the application for Form 49A?
- Can my employer consider relief u/s 89(1) for the purposes of calculating my tax liability?
- How to apply for TAN?
