Section 234 a/b/c
This query is : Resolved
14 August 2015
I was working with company 1 till October 2014 and from November 2014 till date with company 2. The combined income of 2 companies has resulted in tax liability. Do I need to pay interest on tax due as there is divided opinion - whether salary income is considered for levying of interest under section 234 A/B/C.
Request for advise asap as last date is approaching.
Request for advise asap as last date is approaching.
14 August 2015
You should have furnished the income details to the New company.
Need to pay applicable interest U/s 234 B and 234 C.
If you pay final tax on or before the due of filing of ROI , no need to pay interest u/s 234A.
This will be applicable even for salary income.
Need to pay applicable interest U/s 234 B and 234 C.
If you pay final tax on or before the due of filing of ROI , no need to pay interest u/s 234A.
This will be applicable even for salary income.
27 August 2015
Thank you so much Dileep.
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