Can you set off the penalty paid with late fee?
Can you set off the penalty paid with late fee?
Jeeba Jul. 28, 2018
We can not adjust (or set off) excess tax payments against dues. So if you have made payment of penalty instead of a late fee, you have to again pay under head late fee and penalty paid under the wrong head can claim a refund and vice-versa.
It means that payment should be made under the correct head.
