Easy Office
LCI Learning

INTEREST LIABILITY

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 July 2010 MY INCOME TAX LIABILITY AFTER DEDUCTING TDS COMES TO RS 9500/- FOR AY 2010-11.

WHETHER ANY INTEREST LIABILITY U/S 234B AND 234C IS ATTRACTED WHILE PAYING 140A SELF ASSESSMENT TAX .
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
17 July 2010 Since the tax payable for the assessment year 2010-11 is less than Rs.10,000/- interest under section 234B ad C will not attract.
Profile Image

CA SMR

Profile Image

CA SMR (Expert)
17 July 2010 The above is correct
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
17 July 2010 YES INTEREST WILL NOT BE APPLICABLE ON THE ABOVE CASE.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links