Easy Office
LCI Learning

Regarding late filing of i.t.return

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 August 2011 I hv not file my I.T. Return for the A.Y. 2011-12 and want to file in August end then wt is the liability U/s 234-A . I hv paid my full advance tax .
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
02 August 2011 Interest is leviable @ 1% p.m. but it is on
amount payable. You will not require to pay any interest as no amount is payable.

Now for delaying , you are loosing interest which is receivable to you from the department.


Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
02 August 2011 Interest leviable from August @ 1% p. m. only on the amount payable after advance tax and TDS.
Upgrade to CAclubindia Pro. Subscribe Now!


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


Answer Query



Quick Links