Interest u/s 234b

This query is : Resolved 

11 September 2014 Sir,

Please solve my query

1] I filled ITR Return A.Y 13-14 dated 01/01/2014 Total Tax Rs.164000/- paid in step by step from april-12 to mar.14 in the year

2] As per Income Tax Dept. Intesret U/S 234B Rs.27880/-

Sir as per my knowledge 234b Interest levied when no tax deposited in advance all tax paid after F.Y close

but i tax paid in advance

right or wrong
please reply

11 September 2014 Yes Assessee is liable to pay interest under this section if he fails to deposit 90% of assessed tax in advance.

www.bizdiscuss.com

11 September 2014 Sir,

1] I Received Intimation of IT Dept.Interest of 234b Levied

please suggest to what is the action for intimation 143

please reply


12 September 2014 Then represent your case with A.O.

13 September 2014 Sir,

Means
1] Revised Return F.Y 12-13

or

2] 26AS,Form-16 send to IT Dept.Bangalore for Verification.

Please suggest me



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries