Interest u/s 234A
This query is : Resolved
06 April 2009
An Assessee has total tax liability of Rs.49,00,000/- & due date of filing return is 30.09.2008. He files return on 30.09.2008 & pays 90% of tax on the same date.
He proposes to pay balance 10% of tax now i.e.in April'09.
Whether interest u/s 234A is applicable?
If yes, then on what amount i.e.on Rs.49,00,000/- or on remaining tax liability of 10%?
He proposes to pay balance 10% of tax now i.e.in April'09.
Whether interest u/s 234A is applicable?
If yes, then on what amount i.e.on Rs.49,00,000/- or on remaining tax liability of 10%?
06 April 2009
answered.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
