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Sec 234 b

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 November 2014 Dear Expert,

Interest Under Sec 234B is calculated from the first day of April next following such financial year to the date of determination of total income u/s. 143(1).

What is meant by date of determination of total income u/s. 143(1).

Is it the date of payment of self assessment tax by the assesee?????


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Nikhil Kaushik

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Nikhil Kaushik (Expert)
14 November 2014 it means the date on which intimation under 143(1) is issued.....
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