Income tax paid on 30-09-2014

This query is : Resolved

Mohd Sarfaraz Latibani (Querist)
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03 October 2014 I have paid Income Tax on 30-09-2014 for Audit Cases, but when I am filing the ITR 4 return it is showing Interest U/s 234 A payable.

How the Interest will be payable as I have Already paid the taxes.

Thanks

Nikhil Kaushik

Nikhil Kaushik (Expert)
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03 October 2014 you can manually remove the 234A interest from the XML.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 October 2014 Please check again specially the dates of Challan. This should not happen. If the ITR still shows 234A figure then do as advised by the learned expert.

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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03 October 2014 just a correction, I meant you can remove from the excelsheet before generation of the XML file.

Madhav

Madhav (Expert)
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05 October 2014 Hi Mr. Sarfaraj, please read section 234A, it is not meant for Late payment Tax and it is for late filing of return. Though it is extended time for filing IT return, 234A interest will be levied. The ultimate benefit for time extension is only you can file revised return...
Thank you