Meaning of Month u/s 234A

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 July 2011 Please let me know meaning of Month for Calculation of Interest u/s 234A. If the Due Date for filling Return is 04/08/2010 for Asstt. Yr. 2010-11 and Original Return has been filled on 02-03-2011. Please let me know of how many months Interest would be chargeable. Month shall start from 04/08/2010 or 01/08/2010.Period of Interst sahll be from 04/08/2010 to 02/03/2011 (7 Month) or 01/08/2010 to 02/03/2011(8 Month)

08 July 2011 interest is calculated on monthly basis and part of the month

in your case interest will be charged for the 9 months

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 July 2011 Sir in any case it cannot be 9 Months. Please let me explain how it comes to 9 Month

11 July 2011 AUG, SEP, OCT, NOV, DEC, JAN, FEB, MARCH--

YES INTEREST WILL BE PAID FOR 8 MONTHS


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details