If someone not filed his return in a.y 2012.13, then can assessing officer charges Interest u/s 234A,234B and 234C upon him while framing an assessment order?.
please clarify me.in this regard as soon as possible.
Thanksgiving in advance
Menu
Applicability of 234 B and C
Replies (4)
Yes he can levy it in assessment order as they are mandatory charges for compensation to govt for late payment and filing.
All 234A-B-C applicable.
But one saving is it is calculated under simple interest method and not compounding method.
But one saving is it is calculated under simple interest method and not compounding method.
Interest under Section 234A, 234B and 234C will be levied.
Please use like button instead of repeating already replied query.
Recent Threads
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
- Rcm invoices and normal invoice
- Regarding STCG on Equity
- GSTR 9 details with same PAN & different Turno
- Hotel ITC
- ITR for Trust- 12A
Related Threads
CAclubindia
