Income Tax Demand

Absolute power corrupts absolutely

Income Tax - Discover the implications of sections of the Income Tax Act, 1961, and articles of the Constitution of India in tax assessments and recoveries. Learn from a recent judgment how timely appeals and payments can protect taxpayers' rights....

Income Tax Demand Paid by User in India But Not Tagged the Challan in Demand: A Comprehensive Guide

Income Tax - India's Income Tax Act of 1961 governs the taxation of income in India. Income tax is levied on income earned by various kinds of entities ranging from individuals to companies....

Entries reflected in GSTR-2A lead to Income Tax Demands

Income Tax - Extra income tax demands may be triggered if certain entries reflected in GSTR 2A are not taken in GSTR 3B. Learn how to address this issue....

Income Tax Refund adjusted against Outstanding Demands- What to do? 

Income Tax - Article explains Procedure of Filing an Appeal before Commissioner of Income Tax (Appeals), Orders Which Are Appealable by Assessee before CIT (Appeals), Fees For Filing Appeal Before CIT (Appeals) and Documents To Be Submitted for Appeal before CIT (Appeals)....

What to do if Tax credit is not given in Section 143(1) Intimation

Income Tax - The intimation received under Section 143(1) is password protected. The ITR intimation password will be your PAN (in lowercase) followed by date of birth in DD-MM-YYYY format without giving any space. Total Income/Loss is computed after making an adjustment of Arithmetical error and an Incorrect claim. The Time limit for Issue of Intimati...

Representation on adjustments (over & above 20% of disputed demand) by CPC

Income Tax - KSCAA Representation regarding adjustments (over and above 20% of disputed demand) by CPC despite assessments pending before first appellate authority...

Representation on Income Tax outstanding demand collection drive

Income Tax - Grievances and suggestions with respect to the functioning of Demand Facilitation Center, CPC (DFC) in connection to the outstanding demand...

Response to outstanding Income Tax Demand

Income Tax - The Taxpayer can submit the response online to the outstanding demand by performing the below steps. 1. Go to the Income Tax e-Filing portal, `www.incometaxindiaefiling.govin’ 2. Login to e-Filing portal by entering user ID (PAN), Password, Captcha code and click ‘Login’. 3. Post login, click on the ‘e-File’ ...

CBDT prioritise Vivad Se Vishwas Scheme case of demand & Refund

Income Tax - CBDT  desires that all the work related to cleaning up of the tax demands and calculating the tax payable or refundable in respect of all eligible assesses under Vivad Se Vishwas Scheme is taken up on priority and completed by 31st August 2020. Also Read- CBDT directs all CIT(A) to dispose at least 80 appeals […]...

Verify online notice of Demand/order issued by Income Tax Department

Income Tax - Verify online notice/order issued by the Income Tax Department Now Taxpayer can verify notice/order issued by the Income Tax Department online quickly before proceed to response of notice/order. Step: – 1. Go to https://www.incometaxindiaefiling.gov.in/home and click on Notice/Order Issued by ITD Step: – 2. Taxpayer can search...

Madras High Court Bars Attachment of Pension for Income Tax Recovery

G.K. Reddy Vs DCIT (Madras High Court) - Read the full text of the judgment from Madras High Court on G.K. Reddy's case against DCIT. Court rules pension cannot be attached for income tax demands, sets conditions....

No stay was granted for Income Tax demand during pendency of appeal before CIT

PPK Newsclick Studio Pvt Ltd Vs Principal Chief Commissioner of Income Tax Central Delhi And Anr. (Delhi High Court) - Assessee had not been able to make out a prima facie case in its favour and had a ‘lot to answer’ in the appeal. Assessee's plea of financial stringency based on its balance-sheet also inspired no confidence as according to AO, the accounts had not been properly maintained, therefore, assessee...

Delhi HC directs refund of Income Tax amount exceeding 20% of demand

Max Life Insurance Company Limited Vs Assistant Commissioner of Income Tax Circle (Delhi High Court) - Delhi HC directs refund of Income Tax amount exceeding 20% of the demand. Read about the Max Life Insurance case and the decision on refund for AY 2017-18...

Wrong mention of TAN in TDS deposit challan – ITAT allows relief

ACIT Vs TCIL Bina Toll Road Ltd. (ITAT Delhi) - ITAT reversed the demand under Section 200A attributable to merely wrong mention of TAN in the TDS deposit challan...

Withholding of refund against demand payable for earlier years justified

Vodafone Idea Ltd Vs ACIT (Supreme Court of India) - Uptill AY 2016-17, if a scrutiny notice u/s 143(2) is issued, the return is not required to be processed u/s 143(1) for grant of refund to the assessee however, from AY 2017-18 & onwards, a different regime is prescribed by Parliament by inserting  section 241-A which required separate recording of...

Changes to Response Mechanism for Outstanding Demands in Income Tax

Instruction No. 01 of 2023 - (31/05/2023) - Instruction No. 01 of 2023 by Directorate of Income Tax (Systems), exploring implications for income tax payers and their response to intimation u/s 245(1) of Income Tax Act, 1961....

Income Tax demand Notice due to Tax credit mismatch against Army Officers

Advisory No. 45 - (14/07/2022) - ADVISORY NO.: 45 Dated:- 14.07.2022 0/o PCDA(0) Pune, Public Relation office (PRO) Subject: Income Tax Demand Notice under section 143(1) due to mismatch of Tax credit for the Financial Year 2021-22 (AY 2022-23). ********* Your kind attention is invited to the intricate contentious issue of reflecti...

CBDT revises guidelines for intrusive or coercive tax recovery

F.No.275/29/2020-IT(B) - (19/10/2020) - Corrigendum to Order under section 119 of the Income-tax Act, 1961 dated 16.10.2020 for exercising power of intrusive or coercive action for recovery of tax demand by Assessing Officers or Tax Recovery Officers. F.No.275/29/2020-IT(B) Government of India Ministry of Finance Department of Revenue Cen...

Functionality for Demand Adjustment u/s 245 by AO in ITBA

ITBA- Assessment - Demand Adjustment by AO u/s 245 Instruction No.13 - (19/02/2020) - The functionality of demand adjustment by AO u/s 245 can be accessed while passing assessment order, rectification order into the ITBA system. In case, refund is determined in Computation of Assessment, Rectification then, following 4 below mentioned options regarding demand adjustment u/s 245 shall...

Disposal of cases having tax effect more than Rs. 50 Cr.

Dt. No. 683/CIT/(A&J)/2015 - (12/10/2017) - As per the Central Action Plan issued for the F.Y. 2017-18, all pending appeals having tax effect of Rs. 50 crore or more are to be dispose of up to 31st December, 2017 as mentioned at Para (i) of Action Plan of chapter-III of the Central Action Plan which is reproduced as under: -...

Recent Posts in "Income Tax Demand"

Madras High Court Bars Attachment of Pension for Income Tax Recovery

G.K. Reddy Vs DCIT (Madras High Court)

Read the full text of the judgment from Madras High Court on G.K. Reddy's case against DCIT. Court rules pension cannot be attached for income tax demands, sets conditions....

No stay was granted for Income Tax demand during pendency of appeal before CIT

PPK Newsclick Studio Pvt Ltd Vs Principal Chief Commissioner of Income Tax Central Delhi And Anr. (Delhi High Court)

Assessee had not been able to make out a prima facie case in its favour and had a ‘lot to answer’ in the appeal. Assessee's plea of financial stringency based on its balance-sheet also inspired no confidence as according to AO, the accounts had not been properly maintained, therefore, assessee’s application for stay of demand during...

Representation on adjustments (over & above 20% of disputed demand) by CPC

KSCAA Representation regarding adjustments (over and above 20% of disputed demand) by CPC despite assessments pending before first appellate authority...

Posted Under: Income Tax | ,

Delhi HC directs refund of Income Tax amount exceeding 20% of demand

Max Life Insurance Company Limited Vs Assistant Commissioner of Income Tax Circle (Delhi High Court)

Delhi HC directs refund of Income Tax amount exceeding 20% of the demand. Read about the Max Life Insurance case and the decision on refund for AY 2017-18...

Changes to Response Mechanism for Outstanding Demands in Income Tax

Instruction No. 01 of 2023 31/05/2023

Instruction No. 01 of 2023 by Directorate of Income Tax (Systems), exploring implications for income tax payers and their response to intimation u/s 245(1) of Income Tax Act, 1961....

Absolute power corrupts absolutely

Discover the implications of sections of the Income Tax Act, 1961, and articles of the Constitution of India in tax assessments and recoveries. Learn from a recent judgment how timely appeals and payments can protect taxpayers' rights....

Posted Under: Income Tax |

Income Tax Demand Paid by User in India But Not Tagged the Challan in Demand: A Comprehensive Guide

India's Income Tax Act of 1961 governs the taxation of income in India. Income tax is levied on income earned by various kinds of entities ranging from individuals to companies....

Posted Under: Income Tax |

Wrong mention of TAN in TDS deposit challan – ITAT allows relief

ACIT Vs TCIL Bina Toll Road Ltd. (ITAT Delhi)

ITAT reversed the demand under Section 200A attributable to merely wrong mention of TAN in the TDS deposit challan...

Entries reflected in GSTR-2A lead to Income Tax Demands

Extra income tax demands may be triggered if certain entries reflected in GSTR 2A are not taken in GSTR 3B. Learn how to address this issue....

Posted Under: Income Tax | ,

Representation on Income Tax outstanding demand collection drive

Grievances and suggestions with respect to the functioning of Demand Facilitation Center, CPC (DFC) in connection to the outstanding demand...

Posted Under: Income Tax | ,

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