234 A

CA B Anand (CHARTERED ACCOUNTANT) (198 Points)

30 July 2010  

ASSUME A PERSON, PAYS HIS ENTIRE TAX ( RS.3,00,000)  WITHIN THE PREVIOUS YEAR.(2009-10) AND FILED RETURN WITHIN THE DUE DATE . FOR THIS CASE DUE DATE IS 31ST JULY 2010.

 

LATER HE REALISES THAT LOSS ON HOUSE PROPERTY WORTH RS.10,000...IS TO BE CLAIMED.. HENCE HE REVISED THAT RETURN ON 31ST JULY 2011.

NOW WHETHER IT WILL ATTRACT INTEREST U/S 234 A , FOR NOT FILING RETURN WITHIN THE DUE DATE, SPECIFIED?