About the interest u/s234
This query is : Resolved
Sukrut Rajhans
(Querist)
09 October 2012
in my case there is one salary return which was filed on 6/9/2012 then software calculate the interest under section 234A for one month
& I want to revised these return on 10/10/2012 but tax software calculate interest for one month only? what is the due date for revised return? what are the reasons for calculation of one month interest?
& I want to revised these return on 10/10/2012 but tax software calculate interest for one month only? what is the due date for revised return? what are the reasons for calculation of one month interest?
CA Ayush Agarwal
(Expert)
09 October 2012
Due date is 31/07/2012, but date extended to 31/08/2012, you filed on 06/09/2012, one month interest will be calculated, since u/s 234A month or poart of month so in ur case 6 days for one month interest taken, now you cant revise return since return not filled in time.
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