banner_ad

Interest u/s 234 b & c

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 March 2014 Hi friends

plz solve my problem

we are submitted return for the A Y 2013-14 as on 31.07.2013.
in that return we have few mistakes .
now the revised return is required to pay Rs 51,897/-.
No advance tax payments and self assessment tax for that year

plz calculate interest on that tax liability on Rs. 51,897/-
we will pay that tax liability in march'14.

Thank you
Profile Image

Chinay Solanki

Profile Image

Chinay Solanki (Expert)
04 March 2014 Int u/s 234b 6228, u/s 234C 1920
Profile Image

A.Senthil Subramanian

Profile Image

A.Senthil Subramanian (Expert)
04 March 2014 Obey the Expert CA Chinay sir. But one more information. If the above told assessee is "of the age of sixty years or more at any time during the previous year and does not have any income chargeable under the head "Profits and gains of business or profession" then he is not required to make advance tax.
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


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details