delay in p/ment of ITax Narch ending 2010

Querist : Anonymous (Querist) 06 August 2010 This query is : Resolved
Sirs,
Kindly guide me
Being a pensioner ,I had home loan timely submitting installment and though I deposited the details to Bank where my pension is drawn & I had a fixed Deposit also there, but du8e to wrong calculation by Bank I was told no IT is payable ,when I calculated IT comes to Rs.300/-
My query is ;-
Can I deposit IT Rs.300/- only or any penalty OR may I request IT authority to waive off if any Penalty if to be imposed on me ?
advance thanks pl.

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A V Vishal (Expert) 06 August 2010
You can deposit 300 towards the tax, there is no penalty or interest for delayed payment, however you file the ROI

Surrender K Singal (Expert) 08 August 2010
Suo moto deposit of due tax after considering all aspects to arrive at Total Income as per I T Act, and accordingly filing of ITR would take care of your apprehensions !

soumitra basu (Expert) 27 August 2010
Donot be anxious. Do as per the guidelines of Mr. Vishal.

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