234 b & c for itr 4s

Mr. Mohammed (applicable only 234 A  for 4s)

Are you a Senior Citizen???

no mr. rohit

Dear Vinoth Kumar,

Where it is written that 234B & C is not applicable on the person filing his eturn of income in form 4S. Please clarify???

Dear , Rohit not applicable for 234 b & c (4s)

No for what sirji???

where it written. Give me the Section Number.

If the income is declared under sec 44AD Presumptive profits, then interest u/s 234 B & C is not applicable on such income.

sir in which section this is written please give me the exact section no.

> As per sec. 2(1), "advance tax" means the advance tax payable in accordance with the provisions of Chapter XVII-C.
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> As per sec. 44AD(4), the provisions of Chapter XVII-C shall not apply to an eligible assessee in so far as they relate to the eligible business.
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> Therefore, an assessee opting for presumptive taxation scheme u/s 44AD is relieved from the requirement of advance tax payments.
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> Accordingly, there would be no liability for interest u/s 234B and 234C