Interest U/s 234(A)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 December 2009
Dear all
For the Asst Year 2008-09 my tax liability was 2780. I have paid the same on 20.07.2008 but I have filed my return of Income on 25.02.2009. The Assessing officer has levied Interest U/s 234A. Is he justified ? kindly clarify the same & provide me case laws
Thanking You
For the Asst Year 2008-09 my tax liability was 2780. I have paid the same on 20.07.2008 but I have filed my return of Income on 25.02.2009. The Assessing officer has levied Interest U/s 234A. Is he justified ? kindly clarify the same & provide me case laws
Thanking You
02 December 2009
The assessing officer is right. The tax is to be calculated upto the date of filing (full month's interest even if paid in between the month)of the return.
Since the case is not in your favour; hence no case law is quoted.
CA Rakhecha
Surat
Since the case is not in your favour; hence no case law is quoted.
CA Rakhecha
Surat
02 December 2009
Supreme court in Dr. Pranoy Roy's case ruled that interest need not be levied on the cited situation.
02 December 2009
You have 30 days to file Return afterthan you have follow as per AO order.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Free lancer income
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
