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Interest calcuation u/s 234 a

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(Querist)
26 December 2011 When interest u/s 234A is applicable?.
We have two firm of two partners.
Our CA charged interest u/s 234A on net tax payable in one firm and not in other firm. Total tax position as under
Tax payable- 642054 adv. tax paid-55000 and balance tax paid in sept. with interest u/s234-a,b,c. in one firm.
and onother firm total tax payable rs. 619704 less adv tax paid.260000 bal tax payable 359704 paid in sept with int.u/s 234 b and c. Why interest u/s 234 A not charged in another firm? both firms are seprate propritor.
plese suggest me about interest u/s 234A of both firms.
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Janardan

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Janardan (Querist)
29 December 2011 Plese clerify me about interest calculation on income tax payable U/S 234A
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
01 August 2024 https://docs.google.com/document/d/11Se9PXL8zID6-r92ImJi_fd0KGoHfLVbuxg6_Y4L7nE/edit?usp=sharing
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