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Rate of interest for non payment of Advance tax

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(Querist)
22 June 2011 Is the interest calculated u/s 234
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
22 June 2011 Yes. Interest payable u/s 234C.
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
22 June 2011 Yes interest under section 234B & 234C has to be paid.
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