Interest u/s 234c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 September 2017
Dear Experts.
We have nil tax liability for AY 2017-18
However the due date for individual having Non audited books has already been crossed. Pls clarify in this scenario whether we have pay interest u/s 234C or not?
Thanks
Mukesh chauhan
We have nil tax liability for AY 2017-18
However the due date for individual having Non audited books has already been crossed. Pls clarify in this scenario whether we have pay interest u/s 234C or not?
Thanks
Mukesh chauhan
07 September 2017
if you have Nil tax liability then payment of Interest under 234C does not arise
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