Re: SECTION UNDER WHICH TAX IS PAYABLE
Assessee has gone for settlement under the Scheme in respect of an appeal which is pending in respect of penalty. Now Form 3 has been received.
Under what section should the payment be made whether as tax on regular assessment by challan 280 and whether the amount is to be entered in others or under tax column.
It will be regular assessment tax challan , with minor head 400 . Write properly the PAN NO and Assessment year . There is no separate Challan has been prescribed .
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