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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

The section 234B(1) clearly mentioned that if there is a ...

Income Tax

July 23, 2016

The section 234B(1) clearly mentioned that if there is a difference in advance tax or the tax, then the interest is required to be paid from 1st April following next financial year - AT

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  3. Interest under section 234B - defaults in payment of advance tax - exclusion of interest u/s 234C included in the self assessment tax - AT

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  5. Interest on short payment of advance tax – failure on the part of payer to deduct TDS u/s 195(2) - no interest u/s 234B - AT

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