Interest u/s 234 C

Dear Sir,

A Pvt co. declared stock worth of 10 Lakhs. Since the survey u/s 133 was in November, advance tax for June and September cannot be paid, hence advance tax for december is paid.

 

My query : Is the co liable to pay interest u/s 234C for the june and sept instalment.

 

the co has filed a rectified return but cpc has send a rectified order demanding for difference in interest u/s 234C

 

please advise.

Replies (2)
Yes interest will be payable

I agree with Pawan Gupta.

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