Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Interest on tax for late payment

This query is : Resolved

Share Report Follow Query Ask a Query

C R GOPINATHAN NAIR

C R GOPINATHAN NAIR (Querist)
Follow

14 April 2014 Sir/s, I have filed ITR for AY 2013-14 on 25th marchbbb. Tax due was also paid on the same date. Am I liable to pay interest on tax due? Is there any difference on the interest liability if I am a Senior Citizen?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

15 April 2014 Sir, 234A interest shall apply regardless of age. interest under 234B and C shall not be applicable to senior citizens if there is no business/profession income.

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

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

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

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Suman Lata Saraswat

Suman Lata Saraswat

Pro Member Dalbir Singh Wadhera

Dalbir Singh Wadhera

Pro Member adarsh chaturvedi

adarsh chaturvedi

Pro Member Ashutosh Purohit

Ashutosh Purohit

Pro Member Jagdeep Kaur

Jagdeep Kaur

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 26 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

29 May 2026

Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

ARTICLESHIP 09 June 2026

Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details

12 June 2026

Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details

ARTICLESHIP 28 May 2026

Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details