08 October 2011
Section 234A attracts when u file return after due date as specified in sec 139(1). It is appplicable for corporate and non corporate assessees...
The assessees who attract sec 44ab, files return after 30 th sept. sec 234A will attract.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
08 October 2011
but sir if i m a non corporate assessee and my due date is on 30th sep then why 234a will get attracted??
If u are proprietor, partnership firm liable for tax audit, means u r due date is 30 th sept and u filed the return after due date means after 30 th sept then sec 234A will attract.