06 August 2018
Sir, Please let me know if advance tax calculation is to be done after deduction of relief u/s 89(1) or before the same. My client have been charges interest u/s 234B for short payment of Advance tax. department has charges interest u/s 234B before taking into account the relief u/s 89(1). Please clear if department is right or we can challenge this.
CAclubindia
