TDS Intrest
srikanth.ravi (jr.officer) (30 Points)
30 July 2018now am filling returns and tax liability showing 2500/-
this cause required tax pay amount with interest or only tax liability
kindly rev
srikanth.ravi (jr.officer) (30 Points)
30 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182297 Points)
Replied 31 July 2018
Its self assessment tax, being less than 10K, no interest is charged.
Vaishnavi Ganesh
(Chartered Accountant)
(861 Points)
Replied 09 August 2018
It is self assessment tax, the amount you pay in total will be apportioned to Interest if any has been charged.
Whether it is only tax liability or Interest has been included in the said amount depends based on the case.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961