Smit Shah
(524 Points)
Replied 05 December 2020
Notification No.35 /2020 [F. No. 370142/23/2020-TPL] / SO 2033(E) : Extension of time limits under the Income-tax Act, 1961 and related Acts
24 June 2020
as per above mentioned notification 234A interest will levied if your tax liability after Advance tax, TDS/TCS etc. exceeds Rs.1,00,000/- also it is important to note that this amount before self assessment tax paid hence credit of self assessment tax paid will not be considered for counting amount of limit mantioned above.
also interest under section 234A is levied till you not file the return hence even you paid S.A.T. your interest counting is still going on