Interest u/sec. 234a/b/c
This query is : Resolved
Aaskaran Dhingra
(Querist)
01 December 2017
FOR THE A.Y 2010-11 ASSESSEE DID NOT FILE THE ITR FOR HIS BUSINESS AND HIS TAX LIABLITY IS 71,000/-. FOR WHICH PENALTY AND INTEREST IS HE LIABLE TO PAY IN THE A.Y 2017-18.
01 December 2017
That AY is not available in ITD portal. Also you want file this return then contact your AO. They ll take further actions...
If he is accepted/Approved for the filing the above said interest is applicable...
CA Anshu Agarwal
(Expert)
02 December 2017
If assessing officer issued notice u/s 147/148 on or before 31-03-2017, and AO makes addition then assessee has to pay tax with interest.
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