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Interest U/S.234A

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(Querist)
01 October 2009 Whether interest U/S. 234A is applicable eventhough the last due date is date of Bank HOLIDAY and to what extent
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 October 2009 Try with the help of Circular 676 dated 14/01/1994 reported in 205 ITR (St) 330.
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LAXMAN KAMBLE

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LAXMAN KAMBLE (Querist)
02 October 2009 Whether INTEREST U/S. 234A is applicable eventhough the last due date is date of Bank HOLIDAY
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Ratan Sharma

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Ratan Sharma (Expert)
03 October 2009 Yes, Interest is payable even if the last date is a bank holiday .

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