Interest u/s 234a on revised return u/s 139(5)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2014 Whether interest u/s 234A levied on revised return filed u/s 139(5), though tax due to revised return is adjusted against tds on income which was not recognised in original return also Self assessed tax was paid on time in original return.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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01 January 2014 yes is filed after due date then int payable u/s 234A.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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01 January 2014 If a return is revised under section 139(5), interest under section 234A cannot be levied on differential tax because section 234A applies to returns filed under sections 139(1),(4) and 142(1) only.

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