Regarding Advance Tax


This query is : Resolved 

17 December 2008 Dear Sir If A company Fail to Pay Advance Tax Installment of Dec on 15 Dec and Pays after 15 Dec is There any Penalty or We have to Just Pay the Interest u/s 234.

17 December 2008 No penalty. Only interest need to pay.

Ravikumar.G (Expert)
17 December 2008 Sec 234 will be attracted . No penalty.

17 December 2008 Yes, no penalties. only interest will be added.


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