Doubt regarding payment of self assessment tax

Tax queries 932 views 2 replies

IF SELF ASSESSMENT TAX ARE PAID AFTER THE RETURN FILIED, IS THERE ANY INTEREST ATTRACTS TO IT??

Replies (2)

Self Assessment tax is calculated & paid before Return is filed & same to be filled up in ITR Form. If Belated Return is filed & it Attracts tax than Interest is to be calculated. Also if there is any Advance tax liability than also interest is attracted.

Such return will be an invalid return as well


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