TMI BlogInterest u/s 234C - interest for deferment of advance tax - If on a particular due date for payment of...Interest u/s 234C - interest for deferment of advance tax - If on a particular due date for payment of advance tax, the facts show that there is no liability to pay advance tax, non-payment of advance tax on the due date may not be considered sufficient to attract interest u/s 234C. If the returned income is higher due to unexpected income received subsequent to earlier due dates, the shortfall in payment of advance tax instalment in earlier date may not attract interest. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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