prasad (CA Final Bcom(Taxation) Sr Audit Team Leader ) (71 Points)
10 November 2011Please some one help me regarding this
My assessee is a company ,we filed original return in time for A Y 2011-12 in which we claimed refund
Now we want to revise the return with Tax payable (tax not paid yet)
Is 234A applicable in case of revised return?
If not ,What is the reason that, when we enter data in ITR 6 and Caculate Tax , 234 A is automatically filled,we gave details like Revised Return and date and Acknowledgement no. of original return which are necessary
Thank U.
Dattaprasad
(Audit Officer)
(184 Points)
Replied 10 November 2011
the Sec 234A is applicable for non filing of return with in the due date
any how u r company filed the return with in the time limit prescribed.
now the interest under Sec 234A is not applicable because return is filed now you are going to rectify the return.
if you are using separate software for filing retun other than the excel utility there is one option for maual entry for interest you can select that one
CAclubindia
