Re: Penalty under Section 271(1)(c) Vivad Se Vishwas
We have a disputed penalty case pending at high court. I filled Schedule C for disputed penalty. But at the time of upload it is showing an error that Schedule A or Schedule D needs to be filled. There are no details of unabsorbed depreciation or loss or MAT credit in my case. Please help.
From what we understand, Quantum dispute is paid by the assessee and Penalty matter is before the High Court. Penalty can be settled by paying 25 per cent of the penalty in dispute. In case of any glitch or technical issues on the portal it is advisable to contact your designated authority under VSVA.
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