If Assessee Advance tax liability as per return of income as 1st April 2018 is Rs 50000 . He paid Rs 25000 of Advance tax on 15th may 2018 . During assessment year .He was file return of income 15th Dec 2018 .
What is Interest paid by Assessee U/S 234 (A)and (B) .
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Interest 234 (A)(B)
Replies (4)
interest under section 234A levied for delay in filing ITR, 234B- For default in payment of advance tax, 234C- deferment of payment of advance tax. Software will calculate interest. complex calculation.
Thank u Sir
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Can you kindly reframe your question properly for better understanding of your query. Thanks
under section 234B
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