For the purpose of calculation of interest u/s 234B & 234C,it has been mentioned that interest will be calculated
from the due date i.e 1.4.2010 (A.Y 2010-11) to the date of determination of Income U/S 143(1)
I am facing problem of finding this date,
whether this date should be 30.9.2010 (A.Y 2010-11)
or
date of order U/S 143(1) (if the date of order u/s 143(1) is 24.8.2012)
so in this case the date of determination of income would be 30.9.2010 or 24.8.2012 (whatever be the answer please give the reason for the same)
please sort out this problem as soon as possible.
234b/c
SABYASACHI CHAKRABORTY (ARTICLE ASSITANT) (75 Points)
21 November 2012