Interest Calculation U/s A, B, C

This query is : Resolved

Prashant (Querist)
Follow

30 October 2009 If Advance tax not paid and return not filed on or before due date. In that case what would be calculation base for Interest u/s 234 a,b,c

Please revert with example ( For F.Y.2008.09 )

Thanks,
Prashant

CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
Follow

30 October 2009 https://www.caclubindia.com/share_files/files_display.asp?files_id=10982

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
Follow

30 October 2009 If you not filed with in due date then 234A will come
ex:
if tax liability 5 and more then that 234 B C will come..

now if tax liability
6000
234 A=6000*1% every month still you pay the tax amount, its starts after due date.

234 B C it will calculated from april still you pay the tax liability 1% every month..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.Pinank Arvindbhai Shah

venkanna setty

Vignesh Killur

Tax Expert Group

NIKHIL GUPTA

Subscribe Now

Interest Calculation U/s A, B, C

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Article Assistant

GST CONSULTANCY

CA Final

GST CONSULTANT