ANSHUMAN KHANDELWAL (JOB) (311 Points)
04 December 2008hi,
pl tell me is it necesseary to include interest amount u/s 234 C in Challan 280 while depositing advance tax ?i have to deposit Rs.5 lac in rounding before 15 Dec.shud i include interest figure on challan or this may be done on final assessment ? pl let me clear
Thanx
CA Trinath Galla
(student)
(3130 Points)
Replied 04 December 2008
there is no such rule to pay r not to pay
dat s upto u , if u pay now interst figure will be less, n if u pay at the time of final assessment interst should be paid till den
so its better to include it now itself
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 04 December 2008
You can pay the interest amount in last installment or in final self assessment tax.
CAclubindia
