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Interest u/s 234c

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2017 Dear Experts.
We have nil tax liability for AY 2017-18
However the due date for individual having Non audited books has already been crossed. Pls clarify in this scenario whether we have pay interest u/s 234C or not?

Thanks
Mukesh chauhan
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sivaram

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sivaram (Expert)
07 September 2017 if you have Nil tax liability then payment of Interest under 234C does not arise

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