Want to be a
Soolegal Member
Team  SoOLEGAL
Resource Centre / Categories :- Miscellaneous  » Miscellaneous
What is the sequence of payment of tax where that taxpayer has liabilities for previous months also?
Team SoOLEGAL | 01/01/1970

Section 35(8) prescribes an order of payment where the taxpayer has tax liability beyond the current return period. In such a situation, the order of payment to be followed is: First self-assessed tax and interest for the previous period; thereafter self-assessed tax and interest for the current period; and thereafter any other amounts payable including any confirmed demands under   section
51.  This sequence has to be mandatorily followed.

View (0) Share (0) Download (0)

More Documents By Team SoOLEGAL

Author Image
Resource Centre / Categories :- Legal Formats
Lease/Rent Agreement for a Residential Property
Unknown Author | N/A

No description available.

Read more ..
Download
Author Image
Resource Centre / Categories :- Legal Formats
Legal Format of Certificate under Section-65B
Unknown Author | N/A

No description available.

Read more ..
Download
Author Image
Resource Centre / Categories :- Legal Formats
CRIMINAL APPEAL NO.340 OF 2022
Unknown Author | N/A

No description available.

Read more ..
Download
Author Image
Resource Centre / Categories :- Legal Formats
Dev Kishan And Ors. Lrs. Of Kishan ... vs Ram Kishan AndOrs.
Unknown Author | N/A

No description available.

Read more ..
Download

Related Documents