Section 234

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Sunil (Querist)
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14 June 2015 i got an case in which deductor had not deduct tax for FY 13-14 as a result Form 16 shows Tax Payable of 9970.Now my doubt is when we considered section 234 A the amount goes above 10000 So section 234 B & 234 C applicable or not.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 June 2015 234 B and 234 C applicable only on tax payable. So section 234 B and 234 C not applicable for the above case.

kamal p keswani

kamal p keswani (Expert)
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15 June 2015 If you take claim of TDS against tax payable then 234B and 234C are not applicable. If demand is to be paid by you, then it will be applicable.