234 a


This query is : Resolved 

10 June 2014 no return was filed by the assessee for a/y 2007-08.The return is now filed against notice u/s 148 declaring income of Rs 5 lakh for a/y 2007-08 whether interest is imposable u/s 234a,b,c

10 June 2014 Yes since the income is Taxable income within the taxable slab so interest will b applicable.

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10 June 2014 ya.......... interet will be charged .............


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