Interest u/s 244A

This query is : Resolved 

07 March 2010 from which period does 244A interest on TDS deducted start. take eg for A.Y. 2004-05

07 March 2010 Interest shall be paid @ 0.5% PM from 1st april of the A.Y. to the date on which the refund is granted.

07 March 2010 Dear Rahul
If you have filed your IT Return within due date as mentioned u/s 139(1) then Interest shall be granted w.e.f April 1 otherwise from Aug 1 or Nov 1 as the case may be.





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