Section 234A applicability

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8 Points Posted on 19 August 2020
whether section 234A applicable if the due date for filing return of income extended???
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On 19 August 2020 at 20:21 Report
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This discussion clarifies the applicability of Section 234A interest, which is charged for delayed filing of income tax returns. It confirms that interest under this section is not applicable if you file your return before the extended due date. However, if you file after the extended due date, you will be liable for the Section 234A interest.

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25 Points Posted on 19 August 2020
No, this interest is applicable for belated filing, not for extension
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On 19 August 2020 at 21:01
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Tax and Business Consultant
11616 Points Posted on 19 August 2020
Interest under section 234A is imposed when there’s a delay in filing income tax returns.
234A interest is not liable if you filed your return before extended due date, but if you filed after extended due date you are liable for interest u/s 234A
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On 19 August 2020 at 23:04

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