banner_ad

Interest under section 234b

This query is : Resolved 
Avatar

Guest

Profile Image
Guest (Querist)
30 March 2013 Hi,

Please clarify my query :

If a company had paid more than 90% of the Advance Tax, whether Section 234 B shall apply. (Company had TDS to the extent of more than 92% of the assessed tax)

Company is proposing to file ITR for
AY 2011-12.

Query

Whether Section 234 B shall apply for the company, which had TDS of more than 92% of the assessed tax.

Ans : ...............

If there is any reference or URL supporting the view is highly requested.

Thanks.
Profile Image

S Sivasalapathy

Profile Image

S Sivasalapathy (Expert)
30 March 2013 Tax on total income can be reduced by TDS.
Sec 234B is not applicable if TDS have morethan 90%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details