234a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 October 2011 IS 234A APPLICABLE FOR NON CORPORATE ASSESSEE WHO ARE u/s 44AB (TAX AUDIT) i.e FILLING RETURN ON 30TH SEPTEMBER?
THANK YOU

CA PRAVIN

CA PRAVIN (Expert)
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08 October 2011 Section 234A attracts when u file return after due date as specified in sec 139(1).
It is appplicable for corporate and non corporate assessees...

The assessees who attract sec 44ab, files return after 30 th sept. sec 234A will attract.

Querist : Anonymous

Querist : Anonymous (Querist)

08 October 2011 but sir if i m a non corporate assessee and my due date is on 30th sep then why 234a will get attracted??

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CA PRAVIN

CA PRAVIN (Expert)
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08 October 2011 Dear Friend,

If u are proprietor, partnership firm liable for tax audit, means u r due date is 30 th sept and u filed the return after due date means after 30 th sept then sec 234A will attract.

Querist : Anonymous

Querist : Anonymous (Querist)

08 October 2011 thanks a lot