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Querist : Anonymous

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Querist : Anonymous (Querist)
10 May 2011 if i recd an assessment order asking me to add a certain amount to my total taxable income of a.y.2007-2008 and pay tax on it.

will tax on this raised taxable income include interest u/s 234 that too from 31/03/2007 till now??????
pls reply
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
11 May 2011 yes... interest will be applied on tax on this additional income.

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