Interest is Corona CBDT

220 views 7 replies

Dear Mitron,

I m a practising Tax consultant in Mumbai, I have finalised BalanceSheet of 1 of my life. Shock of my life is when i calculated the IT online in IT calculator it shows interest under 234B & C for F.Y. 2020-21. Already the entire country, world is under the deep impact of Corona and we are facing Nightmare of 234B & C courtesy CBDT Bharat Sarkar. I strongly condemn (Nishedh) this thing!!!

I think the Govt must seriously think about 'thoking' interest to the citizens in such a killing pandemic. The Govt cant be so harsh, merciless. Yes we have right to speak this. The whole is watching how everyone is suffering. U cant be so mean with "Taxpayers"!! U r not indirectly but Directly killing the Taxpayers!! Jai Hind. 

  

 

Replies (7)

Check properly, it is not calculated, unless the liability is over 1 lakh.

If using online utility, try offline. We do not find any such difficulties.

So what ?? 1L is too small limit, they know maximum taxpayers have liability over 1 L.  

@ Rambhia, U dont find any such difficulties means even if the liability is above 1L they dont charge u Interest??

No. It was announced earlier, so we had already paid the amount before due date, no interest liability over our customers..

I dont say that Govt should give benefit, but atleast during such pandemic Govt have to consider.

Yes Dear, I agree with you.       

Dhanyavad Sir ...... Ye pure desh ki samasya hai. Jai Hind!!!

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details