becker cpa

Limited Period Offer Avail 20% discount in all subjects CA,CS and CMA,Coupon- OFFER20 Call: 088803-20003

CA Final Online Classes
Prodamy

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Self Assessment tax


Damisetty Saketh (student)     04 December 2020

Damisetty Saketh
student 
 4 likes  104 points

| My Other Post
For Tax audit And having self assessment tax liability more than 1lakh due date for Payment of Self Assessment tax is 30th November 2020.Whether Interest u/s 234A will Be Charged if Self Assessment tax paid after 30th November 2020,If yes How interest is Calculated.Please Reply With Supporting Circulars& Notifications.It is very useful to me
avater

Aditi Kaur (Practising CA)    04 December 2020

CCI Online Learning offers a library of courses for CA/CS/CMA Aspirants from the best faculties in India. Our top notch courses aim to make your journey from a student to a professional, a successful one. To promise a successful career as a professional CCI Online Learning also offers programs like Financial Modeling, MS Excel, IFRS/IND AS Certification Courses that will help you take your career to the next level. Check out the free demo videos here https://www.caclubindia.com/coaching/


Smit Shah

Smit Shah   05 December 2020

Smit Shah

 47 likes  521 points

View Profile | My Other Post
Notification No.35 /2020 [F. No. 370142/23/2020-TPL] / SO 2033(E) : ​Extension of time limits under the Income-tax Act, 1961 and related Acts
24 June 2020

as per above mentioned notification 234A interest will levied if your tax liability after Advance tax, TDS/TCS etc. exceeds Rs.1,00,000/- also it is important to note that this amount before self assessment tax paid hence credit of self assessment tax paid will not be considered for counting amount of limit mantioned above.


also interest under section 234A is levied till you not file the return hence even you paid S.A.T. your interest counting is still going on
2 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Related Threads


Loading


Trending Tags