Query on provisional assessment
This query is : Resolved
24 April 2016
Dear experts, Please reply. In case of interest on provisional assessment from which date the interest shall start? Ex: If suppose in month of jan I paid duty on provisional basis say Rs.10,000 and on 31st March I paid in advance Rs.5000 and on 30th june Final order was passed with duty payable another Rs.6000, so in this case when shall interest shall start??
24 April 2016
Interest will be levied from the date of final assessment to the date of actual date of payment
24 April 2016
Hello sir,In my case whether int on Rs.5000
10 August 2024
https://docs.google.com/document/d/13oiUvjCI28yxRf49XnCv8wMfBf9BeDbUR-2LqBnAg_A/edit?usp=sharing
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
