banner_ad

Interest u/s 234a

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 April 2014 hello sir/ madam, I hv to file itr for income from other sources for a.y. 2012 - 2013 and a.y 2013 - 2014. can I file itr manually? income from other sources for both a.y. is below tax exemption limit. can I incurred any interest u/s 234 a for default in furnish return? kindly advice. Thanks
Profile Image

Soubhagya Kumar Patra

Profile Image

Soubhagya Kumar Patra (Expert)
16 April 2014 Hi Pudalik,

Why do you need to file returns manually when you can very well do it online from ITD website!

Since the filing for the mentioned assessment years are after the due date, you may incurred interest for delay filing which will be 1% simple interest monthly u/s 234A along with non-payment/short payment of advance tax u/s 234b & 234c. As suggested file returns online so that you will come to know how much exact interest you need to pay in case there is any tax liability.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
16 April 2014 given that your income is below taxable limit, no 234A interest is attracted.
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
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details