Interest u/s 234b and 234c
CS Arjun Rajagopal (B.com, ACS) (1056 Points)
11 September 2015CS Arjun Rajagopal (B.com, ACS) (1056 Points)
11 September 2015
S. Shiroor
(Others)
(1207 Points)
Replied 11 September 2015
As per Section 208 of the Act, advance tax shall be payable by the taxpayer during the financial year if estimated tax liability of assessee during that year is ten thousand rupees or more. in ur case the tax liability is less than 10k so 234B and C is not valid in ur case