Interest u/s.234a

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DHANDAPANI.S (Querist)
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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.

Deepti Asawa

Deepti Asawa (Expert)
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09 July 2014 upto date of filling return

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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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).

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DHANDAPANI.S

DHANDAPANI.S (Querist)
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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.

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