U/s.234 a - interest
This query is : Resolved
22 October 2011
there is tax laiablity in our company rs.100000/-. we didn't pay tax before 30th Sept.11,but we filled IT return showing tax payable.we are paying rs.100000/- tax in the month of oct.11 then my question is Interest is payable u/s.234A on tax payment? If yes then tell me how.if there is any attachment pl.forward me.
22 October 2011
interest u/s 234A levied when default in filling return before the due date u/s 139(1).....so in given case reurn filed before due date interest u/s 234A not levied....but provisions of sec 234B & 234C, non payment of advance tax/self assessment tax applicable on Rs.100000.
22 October 2011
Thanks for Immediate reply.
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
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- ITR-3 File/Error Found
- ASMT-10 received from A O
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Average Cost Of High Quality Diamonds
- Due Date Clarity
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- 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
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
