Defective return

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shweta bombe (Querist)
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24 February 2015 A LTD HAS FILED RETURN ON 29.3.2014 WITHOUT SELF ASSESSMENT TAX PAYMENT OF Rs. 1 CRORE FOR AY 12-13. THEY HAVE CHARGED INTEREST U/S 234A, 234B & 234C. NOTICE FOR DEFECTIVE RETURN HAS BEEN RECEIVED ON 15.1.2015. SELF ASSESSMENT TAX HAS BEEN PAID OF Rs. 1 CRORE ON 15.2.2015. THERE ARE CERTAIN QUERIES :

1)WHETHER RETURN IS TO BE REVISED OR NOT ?

2)SINCE PAYMENT HAS BEEN MADE AFTER 15 DAYS INTEREST U/S 234A IS APPLICABLE OR NOT ?

3)SINCE PAYMENT HAS BEEN MADE AFTER 15 DAYS
INTEREST U/S 234B IS APPLICABLE OR NOT ?

PLEASE REPLY.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 February 2015 pls mention the AY for which u have mentioned all the above details for correct advise.

Rupesh Jain

Rupesh Jain (Expert)
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24 February 2015 you not mention its audit case or not.

w/o audit due date was 31.7.2012 intt will charge from 1.8.2012 to tax deposit date

shweta bombe

shweta bombe (Querist)
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24 February 2015 IT IS FOR ASSESSMENT YEAR 2012-13 AND ITS DUE DATE IS 30.09.2012

Rupesh Jain

Rupesh Jain (Expert)
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25 February 2015 intt will charge for non deposit of intt. will applicable
for 234B & 234C till date of deposit date of tax.

shweta bombe

shweta bombe (Querist)
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26 February 2015 AT THE TIME OF FILING THE RETURN OF AY 2012-13 INTEREST U/S 234A IS CALCULATED UPTO 29.3.2014. NOTICE FOR DEFECTIVE RETURN IS RECEIVED ON 15.2015. A LTD HAS PAID SELF ASSESSMENT TAX AFTER 15 DAYS FROM RECEIPT OF NOTICE I.E. 15.2.2015. SINCE IT IS DEFECTIVE RETURN WHTHER INTEREST U/S 234A IS CALCULATED FROM 1.4.2014 TO 15.2015 ?
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