09 December 2011
Yes you will have to pay interest u/s 234A. it is levied for late filing of return irrespective of whether tax is paid before or later but levied only in case where S. A. Tax has been paid.
09 December 2011
If the tax due is paid before the due date of filing the return, and the return filing is belated, interest under section 234A can't be levied. Citation :- Dr. Prannoy Roy & Anr. Vs CIT [2002] 172 CTR (Del) 465.
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