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Advance tax paid below or equal to 90%

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Querist : Anonymous (Querist)
26 April 2015 if advance tax paid below or equal to 90% of assessed tax whether we have to pay interest on whole amount from april 1st under section 234B for rest amount till payment of self assessment tax.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
26 April 2015 On the rest amount only , interest will be applied.
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The amount paid is considered as advance tax paid.
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