Sec 234a for late filing of tax audit
This query is : Resolved
28 September 2014
Can anybody clarify my doubt. We have tax audit, but now due date is extended to 30 the Nov. Wheather 234A is applicable for tax audit, who is filing after 30th sept. 2014. kindly clarify. It is very urgent. So
28 September 2014
SECTION 234A: INTEREST FOR DEFAULT IN FURNISHING RETURN OF INCOME
Even though the due date of filing of Income Tax Return extended upto 30.11.2014 interest u/s 234A will apply if return is filed after 30.09.2014. See CBDT notification from below link--
https://www.caclubindia.com/news/cbdt-extends-itr-due-date-to-30-11-2014-14397.asp#.VCeyifmSzUs
Even though the due date of filing of Income Tax Return extended upto 30.11.2014 interest u/s 234A will apply if return is filed after 30.09.2014. See CBDT notification from below link--
https://www.caclubindia.com/news/cbdt-extends-itr-due-date-to-30-11-2014-14397.asp#.VCeyifmSzUs
28 September 2014
Due date of return filing, for the purpose of 234A, is not extended vide clause 7 of the CBDT order dated 26/09/2014. Therefore, if self assessment tax is fully paid on or before 30.9.2014, and return is filed after that date, interest u/s 234A can be levied on a conjoint reading of the said order with section 234A.
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
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Rental income gst and it purpose
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
