Income declared u/s 44ad but 234b and 234c interest is calcu
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 December 2015
CPC has calculated 234b and 234c u/s 44ad declared income, kindly clarify weather it is correct
09 December 2015
Since provisions of advance tax are not applicable to section 44AD, interest u/s 234B and 234C are not leviable. You may file online rectification.
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