06 March 2018
Sir/madam, one of my client not able to file ITR because of no knowledge being a farmer for A.Y 2014-15, So now today i calculate the tax payable amount and interest u/s 234 a,b& c. and amount of interest is 350000/- approx..... My query is there is any option to waive off interest penalty by Income tax officer on reasonable grounds?
CAclubindia
