Advance tax for company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 October 2011
IF A COMPANY PAID 13% OF THE ASSESSED TAX FOR 1st Installment.
is the company liable for the interest for deferment of advance tax u/s 234c
IF A COMPANY PAID 13% OF THE ASSESSED TAX FOR 1st Installment.
is the company liable for the interest for deferment of advance tax u/s 234c
17 October 2011
Not liable to pay interest since 13% is more than the prescribed minimum of 12% specified in section 234C(1)(a)(i).
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Distinct person & regular person POS
- Query ON belated tds deduction
- INCOME TAX NOTICE QUESTION
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Need Conversion process of CA Proprietary firm to CA Partnership Firm
- Capital gain on sale of resident house by non-resident Indian
- Regarding claiming exemption under section 54ec
- Clarification on Inventory
- Whether to file ITC 03 for downward GST rate revision - Reg.
- E INVOICE NOT ENABLE MY TURNOVER ABOVE 10 CR
- REGARDING GST TDS APPLICABLITY
- Dissertation Help AI
- Authority regulating Transmission of unlisted shares
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
