e-TDS :- Consequences of failure to pay the demand:

Consequences of failure to pay the demand:

• As per the provisions of section 220 of the Act, Any amount, specified as payable in a notice of demand shall be paid within thirty days of the service of the notice.
  
  If the amount specified in any notice of demand is not paid within the period limited under sub-section (1), the assessee shall be liable to pay simple interest at one per cent for every month or part of a month comprised in the period commencing from the day immediately following the end of the period mentioned in sub-section (1) and ending with the day on which the amount is paid.
  
  
• If any person fails to deduct or pay the whole or any part of the tax, then, such person shall be liable to pay, by way of penalty, a sum equal to the amount of tax which such person failed to deduct or pay under Section 271C of the Act.
  
• Failure to pay tax to the credit of Central Government is punishable with fine as per the provisions of section 276B/ 276BB.
  
• Section 278A of the Act prescribes for punishment for second and subsequent offences, if any person has been convicted of an offence under section 276B.

PAN :- Outstanding Tax Demand

As Income Tax demand has been raised by Income Tax Department in general.   There may be too many reasons like wrong data punching while submitting income tax return or Deductor has not uploaded correct TDS return of the particular PAN etc.  But in whole assessee suffer the same.   He has make correspondence with Income Tax Department to  settlement the due against him.   In case assessee has not received any demand notice and he want to check that whether any demand has been issued by Income Tax Department or not.  Assessee can check it himself through link Outstanding Tax Demand available at e-filing website.  It is locked facility means it can be checked after login at https://incometaxindiaefiling.gov.in.  Screen shoot of the same is given below after login. 

Click here to Login at https://incometaxindiaefiling.gov.in