Interest u/s.234a
This query is : Resolved
09 July 2014
Here I disclose the Assessee's Profile.
Due Date for Filing Return A.Y.2013-14 - 31/07/2013. Tax Paid by him - 30/03/2014.
file the return on 05/07/2014. I need a clarification about Int.U/s. 234A -to be levy for the period upto the tax payment date(30/03/2014) or upto the date of filing return date(05/07/2014). Any one suggest my query.
Due Date for Filing Return A.Y.2013-14 - 31/07/2013. Tax Paid by him - 30/03/2014.
file the return on 05/07/2014. I need a clarification about Int.U/s. 234A -to be levy for the period upto the tax payment date(30/03/2014) or upto the date of filing return date(05/07/2014). Any one suggest my query.
09 July 2014
upto date of filling return
Message likes :
1 times
09 July 2014
Interest has to be paid from 1.8.2013 to 30.3.2014.
Since the tax is paid on 30.3.2014, there is no need to pay interest u/s 234A from 1.4.2014 to 5.7.2014.
Citation :- CIT Vs Dr.Pranoy Roy (2009) 309 ITR 231(SC).
Since the tax is paid on 30.3.2014, there is no need to pay interest u/s 234A from 1.4.2014 to 5.7.2014.
Citation :- CIT Vs Dr.Pranoy Roy (2009) 309 ITR 231(SC).
Message likes :
2 times
09 July 2014
Dear Sir, I referred the case study mentioned in your reply. In the said case study, taxes paid before due date. But, in my query is tax paid also after the due date. In this view please say your opinion.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- STCG FOR GOLD ETFs
- Last year TDS Claim
- E way bill for tractors
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
