Applicability of sec 234b, 234c

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 May 2015 Experts,

Sec 234B and 234C are applicability to assessee who is paying tax under section 44AD (on presumtive income) or these sections are exempt to him ?

27 May 2015 Assessee eligible u/s 44AD are exempted from provisions of advance tax. Hence 234B and C are not applicable

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Querist : Anonymous

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27 May 2015 Thanks for your prompt reply Atitji..


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