Friends,
My understanding is that if there is refund at the ITR filing stage ie assessed tax is negative then there is no interest liability under section 234B and 234C.
Is it correct.
Regards,
Menu
234b and 234c -- assessed tax
Replies (1)
Yes u r correct if its because of TDS, if advance tax is not deposited as per the dates then there can still be 234C. 234B wont arise in any case
Recent Topic
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
Related Topics
CAclubindia
