interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 May 2011
if i recd an assessment order asking me to add a certain amount to my total taxable income of a.y.2007-2008 and pay tax on it.
will tax on this raised taxable income include interest u/s 234 that too from 31/03/2007 till now??????
pls reply
will tax on this raised taxable income include interest u/s 234 that too from 31/03/2007 till now??????
pls reply
11 May 2011
yes... interest will be applied on tax on this additional income.
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