Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

MANDATORY & PENAL INTEREST UNDER SECTIONS 234A

Income Tax - Payment of Taxes and Interest - 08 - SECTION 234A(1) INTEREST FOR DEFAULT IN FURNISHING ROI 1. CHARGEABILITY: The assessee is liable to pay interest in the following cases:- ROI is filed after the due date specified u/s 139(1); or ROI is .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e ROI is filed, the date of filing of ROI, (ii) In case where ROI is not filed, the date of completion of assessment u/s 144/147/153A. Note:- Part of the month shall be considered as full month. (c) Amount on which interest is payable:- Tax determine .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

t allowed to be set off u/s 115JAA and 115JD Note: Self Assessment tax paid u/s 140A shall be deducted if it is paid on or before the due date. (In view of Supreme Court decision in case of Dr. Prannoy Roy) 3. COMPUTATION OF INTEREST FOR PAYMENT UNDE .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version