one of our client paid self assessment tax before due date but return filed after due date does it affects interest u/s 234a for late filing
pls answer with relevant case laws and section if any
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interest u/s 234a
Replies (8)
Yes...
234 A is calculated for Late filing. Not for Payment...
so interest is calculated
but tax has been already paid na
| Originally posted by : ravikulateja | ||
 |
but tax has been already paid na |  |
https://www.hrblock.in/guides/section-234a-interest-penalty-delay-filing-itr.aspx
@ Raja in my opinion it was earlier payable but now it is not the case.. if u have deposited tax before the return filing date then interest is not payable..
because I remember there was some high court judgment where they said that.. but in act it is not written that we can deduct any self assessment tax for calculation of interest u/s 234A
@ CA Mohit Agarwal can u please provide link of that case laws
Yes... I agreed to Mr CA Mohit Aggarwal....
Sorry for the Wrong assume and wrong reply....
Thank you for the Correction Mr CA Mohit Aggarwal Sir....
Sorry for the Wrong assume and wrong reply....
Thank you for the Correction Mr CA Mohit Aggarwal Sir....
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