Chargeability of Interest under Section 234A of the Income-tax Act, 1961 on self-assessment tax paid before the due date of filing of return of income-regarding.
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Interest under Section 234A not chargeable on self-assessment tax paid before the return filing due date. The Board reviewed levy of interest under Section 234A and, referencing the Supreme Court's view that interest is payable only on tax not deposited before the return due date, directed that no interest is chargeable on self-assessment tax paid before the due date for filing the return of income and instructed officers to comply with this position.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest under Section 234A not chargeable on self-assessment tax paid before the return filing due date.
The Board reviewed levy of interest under Section 234A and, referencing the Supreme Court's view that interest is payable only on tax not deposited before the return due date, directed that no interest is chargeable on self-assessment tax paid before the due date for filing the return of income and instructed officers to comply with this position.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
