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Kirti Didwania

Latest Posts by Kirti Didwania

Calculation of interest under section 234A, 234B and 234C

August 31, 2018 90351 Views 0 comment Print

Income Tax Act, 1961 requires Income tax returns to be filed on time; advance tax to be paid correctly and within the prescribed time limit under the act. In case the assessee fails to comply with the provisions of the Act, interest shall be chargeable under Sections 234A, 234B and 234C.

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