What will be penalty and interest if advance tax is paid after 15th dec
3 Replies
sujith kumar dasa
(banglore)
(1496 Points)
Replied 16 March 2023
1% interest is payable on the payable amount
Lotus Agrawal
(Practice)
(1361 Points)
Replied 16 March 2023
Interest under section 234B at the rate of one percent per month for one month will be payable.
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