Hi,
I found out from the income tax efiling site that there is an outstanding tax demand of very high 1.51 Lac the assessment year 07-08. I registerd for this site for the last 2 yrs and today while going through available links i am surprised to check such a huge outstanding tax demand. Actually i am working in Bangalore but for 2007, i was in hyderbad campus and i filed my IT returns manually through a Tax consultant in Hyderabad. There is no other information on this tax demand and no intimation/mail on this till now. This demand is almost 50% of my taxblae income in 2006-07 and i not sure how can outstanding amount can be 1.51 Lac. Please suggest, what to do now and what are the implications if i don't respond to this demand. Please guide.
With Best Regards,
Siva