Waiver of interest u/s 234 a,b & c
This query is : Resolved
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?
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?
06 March 2018
No provision to waive on cited grounds.
06 March 2018
okk thank you sir....
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