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Computation of interest u/s 234A - if the assessee deposits the ...


Extended Tax Filing Deadline Granted When Interest Liability Under Rs. 1 Lakh Per Section 234A of Income Tax Act.

January 1, 2024

Case Laws     Income Tax     AT

Computation of interest u/s 234A - if the assessee deposits the taxes at a date at which the interest liability u/s 234A, does not exceed Rs. 1 lakh, such an assessee is entitled to the extended period of due date and, therefore, any return of income filed thereafter will not fasten any additional interest liability. - AT

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