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234a

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(Querist)
17 December 2015 sir ,
our client receiving interest & remuneration from XYZ firm which is audited under 44AB , he also having professional income , Taxable income near to 12lks, my query is interest u/s 234A to be calculate from 31.10.2015 or 07.09.2015 , Plz advise .

Regards,
K.Nithyananda gouda
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
17 December 2015 From Due Date to Till Date interest to be calculated 1.5% P.M from 07/09/2015
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K NITHYANANDA

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K NITHYANANDA (Querist)
17 December 2015 sir, thank u. for ur reply ,is there any references /documents regarding this
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
17 December 2015 Refer Sec 234 A you will get details.

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