Advance payment

Direct Taxation

What if total advance tax paid is greater than total advance tax payable,and shortfall instalment payment is also available!Is intrest charge U/S 234( C/B)applicable for that short fall installment or not?

Thanishq MVT2610

CMA Final

★ 4K+

07-Mar-22 11:14

526

Answers (2)

Shortfall in instalment will attract interesr

CA Suraj Lakhotia

Admin

07-Mar-22 11:20

CA Suraj Lakhotia Admin

Shortfall in instalment will attract interesr

Thank you sir ð???

Thread Starter

Thanishq MVT2610

CMA Final

★ 4K+

07-Mar-22 11:47