Interest u/s 234b & c.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 January 2013
Dear Experts,
Explain me about the applicability of sec 234 B&C.whether assessee has to pay interest u/s 234 B&C if the Employer failed to deduct tax?
Explain me about the applicability of sec 234 B&C.whether assessee has to pay interest u/s 234 B&C if the Employer failed to deduct tax?
Yogesh Agarwal
(Expert)
08 January 2013
Yes the assessee is liable to pay tax with interest u/s 234B 234C if his tax amount payable exceeds the threshold limit for advance tax...
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