Int. u/s 234b & 234c applic. to return u/s 44ad filled late.
This query is : Resolved
01 August 2013
We have filled return of an individual under section 44AD after due date.My query is whether interest under section 234B & 234C would be applicable if return is filled after due date as per my knowledge it is not applicable to assess filling return u/s 44AD but whether it is applicable even when return is filled after due date
01 August 2013
In case of 44AD provisions of Advance Tax payment are not applicable that's why 234B and 234C are not applicable. 234A is applicable.
.
.
01 August 2013
intt. on advance tax will not applicable on u/s 44AD
but late filing of return intt will be applicable
but late filing of return intt will be applicable
01 August 2013
Even if return is filled after due date interest u/s 234B & C will not be attracted
01 August 2013
Yes - due to the same logic given in the first reply - Interest U/s 234B & 234C will not be applicable.
.
.
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
- Original return filed under Old scheme, can we file updated return under old scheme?
- LTCG and Speculative gain treatment
- REGARDING AVAILABILITY OF ITC UNDER SECTION 17(5) FOR TRANSPORTATION OF PASSENGER SERVICES
- Ladki bahin yojna
- Reporting SIP capital gain in itr
- A Durga Puja Committee to be treated as which person under Income Tax
- IRT section to claim fuel + driver salary+ insurance premium on company leased car (old tax regime)
- International visit expenses
- ITR Type to be used for the FY 2024-25
- Tfr of share in under const. shop to close relative without consideration, what documentation requir
- Closing Assets in trial balance shown in which side dr or cr. side
- How to present in Balance sheet as per scheduled III and under which head
- Capital Gain on Equity ETF without STT
- MCA filings and Compliance Practice
- Tax Audit applicable for fy 24-25
- Advance paid and received against Property plant and Equipment
- How to present in balance sheet as per scheduled III of company Act
- Amendmend in B2CS to B2B
- NEW LATEST AUDIT REPORT MEMO FORM -1 AND FORM -7 FOR AUDIT OF CO-OPERARIVE HOUSING SOCIETIES IN MA
- Ladki Bahin Yojana
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
