Interest credited to unsecured loans


This query is : Resolved 

17 December 2013 whether interest credited to unsecured loan as on 31st march attract section 269 ss n 269 tt

17 December 2013 who r require to pay advance tax ? what r their due dates to submit advance tax payment procedure , consequences in brief pl...

17 December 2013 Sec 269 SS and T will also apply to int on such sums attracting this section.

17 December 2013 Pls check in share files under income tax or in articles there is already published 1 on said topic.

17 December 2013 @naresh naidu
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refer below links

https://www.charteredclub.com/advance-tax/

https://www.caclubindia.com/articles/interest-u-s-234a-234b-and-234c-15276.asp#.Uq_ywvQW11Y
.
.
let me tell you due date to deposit advance tax extended till 17th december(means till today) from 15 december this time

17 December 2013 Any assessee having net tax liability (Tax Payable -TDS) exceeding Rs 10000/-is required to pay advance tax.
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The dates and % are indicated in the link given hereinabove by Ganeshbabu.
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17 December 2013 If during the current financial year your income tax liability is expected to be more than 10,000/- than you are liable for Advance Income Tax in instalments as per rules prescribed in this regard.

17 December 2013 Due dates for corporate assessees is 15 th june 15th september 15th december & 15th march and for non corporate assessees is 15 september 15 december & 15 march

17 December 2013 @shivkumar
Interest Credited on 31St March is a book entry and not an acceptance of loan. 269SS or 269T do not hit this entry.
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