20 January 2012
In case of Individual non audited, my net Income is 769140.00, tax liability will be 90463.00. I have deposited Advance tax on dated 15.12.10 Rs. 72100.00 and 15.03.11 Rs. 60000.00 and TDS is Rs. 5235.00. I want file my ITR on date:20.01.2012. Is there will be interest u/s 234A in case of refund.
22 January 2012
As par My Knowledge 234A is not applicable because it should be calculated on the tax payable balance. when There is no tax liability further 234A is not applicable.
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