Section 234C - An Interesting One.

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..... Section 234C - An Interesting One.
Query (Issue) Started By: - sathyanarayanan kasinathan Dated:- 22-3-2012 Last Reply Date:- 25-3-2012 Income Tax
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Income Tax
A company has pai .....

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..... d the first installment(full 15%) by June 17th, instead of the stipulated June 15th. I'd like to know whether the Interest payable u/s 234C should be calculated using '3' months or only '1'month, sinc .....

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..... e the delay is only 3 days. Reply By GOPALJI AGRAWAL: The Reply: The interest would be chargeable only for period of default not for 3 months. You may refer Panther investrade Limited Vs. CIT
Di .....

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..... scussion Forum - Knowledge Sharing .....

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