Interest as per 234A
This query is : Resolved
17 December 2021
Hello,
I paid my SAS in September 2021 and made my tax due= 0.
I am filing my returns this month in December.
The income tax portal is still charging me interest under 234A until December (for months October, November & December) although my tax due is 0.
What is the law in this regard? Is the income tax portal correct?
It doesn;t make sense paying interest on the amount that I have already paid.
Please advise
I paid my SAS in September 2021 and made my tax due= 0.
I am filing my returns this month in December.
The income tax portal is still charging me interest under 234A until December (for months October, November & December) although my tax due is 0.
What is the law in this regard? Is the income tax portal correct?
It doesn;t make sense paying interest on the amount that I have already paid.
Please advise
Dhirajlal Rambhia
(Expert)
18 December 2021
File complaint under Grievances along with the screen shot of the interest calculation.
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