matter of income tax
This query is : Resolved
Guest
Guest
(Querist)
28 November 2010
good morning sir,
sir plz tell me if a person late deposit their income tax return after due date( 31 july) than he paid interest @1.50%. but sir when a co. and firm late deposit their income tax return after due date( 31 july or 15 october) than he paid interest @1% .what is the reason of it
sir plz tell me if a person late deposit their income tax return after due date( 31 july) than he paid interest @1.50%. but sir when a co. and firm late deposit their income tax return after due date( 31 july or 15 october) than he paid interest @1% .what is the reason of it
28 November 2010
U/s 234A rate of interest for all assessee is 1%.
Murtaza I Bhagat
(Expert)
28 November 2010
agree only 1% of interest from aug to return filing month to all assesee
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