Advance tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 August 2012 If in 2nd installment i have a shortfall than 234c is attracted bt if in 3rd installment i have paid excess of advance tax than can i get interest credit ....please suggest with relevant section or links of income tax

srinath

srinath (Expert)
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14 August 2012 no u cannot. if second installment is not paid properly interest needs to be paid for that installment irrespective of the fact that you have paid the 3rd installment on time and also excess 3rd installment have been paid

Querist : Anonymous

Querist : Anonymous (Querist)

14 August 2012 please suggest me section or link where i can find it

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