Interest credited to unsecured loans


This query is : Resolved 

(Querist)
17 December 2013 whether interest credited to unsecured loan as on 31st march attract section 269 ss n 269 tt

(Querist)
17 December 2013 who r require to pay advance tax ? what r their due dates to submit advance tax payment procedure , consequences in brief pl...

17 December 2013 Sec 269 SS and T will also apply to int on such sums attracting this section.

17 December 2013 Pls check in share files under income tax or in articles there is already published 1 on said topic.

17 December 2013 @naresh naidu
.

refer below links

https://www.charteredclub.com/advance-tax/

https://www.caclubindia.com/articles/interest-u-s-234a-234b-and-234c-15276.asp#.Uq_ywvQW11Y
.
.
let me tell you due date to deposit advance tax extended till 17th december(means till today) from 15 december this time

17 December 2013 Any assessee having net tax liability (Tax Payable -TDS) exceeding Rs 10000/-is required to pay advance tax.
.
The dates and % are indicated in the link given hereinabove by Ganeshbabu.
.

17 December 2013 If during the current financial year your income tax liability is expected to be more than 10,000/- than you are liable for Advance Income Tax in instalments as per rules prescribed in this regard.

17 December 2013 Due dates for corporate assessees is 15 th june 15th september 15th december & 15th march and for non corporate assessees is 15 september 15 december & 15 march

17 December 2013 @shivkumar
Interest Credited on 31St March is a book entry and not an acceptance of loan. 269SS or 269T do not hit this entry.
.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details