INTEREST LIABILITY
This query is : Resolved
Querist : Anonymous
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 .
WHETHER ANY INTEREST LIABILITY U/S 234B AND 234C IS ATTRACTED WHILE PAYING 140A SELF ASSESSMENT TAX .
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.
Message likes :
1 times
17 July 2010
YES INTEREST WILL NOT BE APPLICABLE ON THE ABOVE CASE.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
