hello experts
if assessee is paid all Tax as per taxable income calculation
till 30 sept with interest as per rule but not filed return today so from tomorrow still any interest is payable or we can file return any time up to dec without any further interest
Menu
234 interest
Replies (1)
If you have paid your entire tax liability before the due date, no interest under Section 234A should be charged. However, if any tax remained unpaid after the due date, interest under Section 234A accrues monthly on that outstanding amount until the date of filing. If you delay filing until December, you will continue to incur this 1% monthly interest and may also be liable for a late filing fee under Section 234F.
Recent Topic
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
Related Topics
CAclubindia
