Can any one clarify Interest u/s 234A, B & C are to be calculated on Income tax alone or along with education cess?
Mukesh Babu (IPCC Student) (236 Points)
10 December 2013Can any one clarify Interest u/s 234A, B & C are to be calculated on Income tax alone or along with education cess?
Harendra Kumar
(Tax Advisor )
(1326 Points)
Replied 10 December 2013
Sir,
In my view, Interest is applicable whole amount i.e. Basic, Ed. cess & S & H Ed.cess. Further any queries plz forward the same.
Mukesh Babu
(IPCC Student)
(236 Points)
Replied 10 December 2013
Dear Mr.Harendra Kumar
Thanks for your reply
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