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EASYOFFICE

Interest rate & amount if assessee losse the appeal

This query is : Resolved 

23 January 2015 in case assessee goes for appeal against d order and if assessee lost the appeal thn from which date assessee hve to pay interest n at wht rate n at wht amount

23 January 2015 Interest will be calculated by ignoring the fact that an appeal has been filed.
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Interest U/s 234A will be calculated from the corresponding return filing due date of the Assessment Year.
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Interets U/s 234B- 234C : If applicable, will be calculated in the manner prescribed under these sections.
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