Revised return, int u/s. 234a ??????

This query is : Resolved

CA Abhishek Singh (Querist)
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19 February 2012 i have filed my it return for a.y. 11-12 within due date showing tax Rs.1000/-

now i want to file revised return to increase my income, tax would be 6000-1000=5000

my question should i pay interest u/s. 234A on Rs.5000 of tax

waiting for ur reply.
thanks in advance
my id abhipcc@rediffmail.com

Ravikant

Ravikant (Expert)
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19 February 2012 Int u/s 234A is not applicable in this case.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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19 February 2012 Interest u/s 234A is applicable only for those returns filed u/ss 139(1)/139(4) and 142(1),that too furnished after the due date. So return filed u/s 139(5) will not carry interest u/s 234A.

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