interest is leviable on assessed income in case of senior citizens not deposited self assessment tax

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6 Points Joined October 2017
Interest u/s 234B is leviable on assessed income in case of self assessment tax not deposited at the time of filing of return of income.
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On 05 April 2019 at 13:37 Report
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SEO Sai Gr. Hosp.
210651 Points Joined July 2016

Yes, the exemption is given only for advance tax till filing of return, not after that!

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On 05 April 2019 at 18:01
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12244 Points Joined May 2017
234B is not applicable to senior citizens if you don't have business income
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On 06 April 2019 at 03:16
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other
272 Points Joined February 2019

True, but return gets defective if self assessment tax not paid before filing return.

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On 06 April 2019 at 10:06
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344 Points Joined May 2017
1) Return doesn't get defective if tax not paid before filing of retrun (FA'16)
2) If SAT u/s 140A not paud before diling return then assessee in default provisions to apply sec 220 n 221
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On 06 April 2019 at 22:58


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