Instalment of advance tax on 20th March instead of 15th march

Tax queries 110 views 2 replies

Our company has paid the last instalment of advance tax on 20th March instead of 15th march , what would be the impact on the interest penalty ?

 

Please confirm 

Replies (2)
1 month interest
1month interest will come from 15th to 20th march
and company is liable to pay the 234c interest


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