Interest U/S.234A

This query is : Resolved 

01 October 2009 Whether interest U/S. 234A is applicable eventhough the last due date is date of Bank HOLIDAY and to what extent

01 October 2009 Try with the help of Circular 676 dated 14/01/1994 reported in 205 ITR (St) 330.

02 October 2009 Whether INTEREST U/S. 234A is applicable eventhough the last due date is date of Bank HOLIDAY

03 October 2009 Yes, Interest is payable even if the last date is a bank holiday .


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