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Int u/s 243 a b c

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01 February 2014 does b n c will b applicable for individual in case of late filling
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 February 2014 Yes, if tax liability is more than Rs. 10,000/- and 90% of that sum is not paid as advance tax 234 B attracts and if advance tax is not paid or amount paid is less than the stipulated percentages fixed for each installments 234C will attract even for belated filing of returns.
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