https://www.taxtmi.com/highlights?id=65099 Interest u/s 234C - interest for deferment of advance tax - If on a particular due date for payment of advance tax, the facts show that there is no liability to pay advance tax, non-payment of advance tax on the due date may not be considered sufficient to attract interest u/s 234C. If the returned income is higher due to unexpected income received subsequent to earlier due dates, the shortfall in payment of advance tax instalment in earlier date may not attract interest. - AT en-us Sat, 13 Aug 2022 11:28:28 +0530 Sat, 13 Aug 2022 11:28:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65099 Interest u/s 234C - interest for deferment of advance tax - If on a particular due date for payment of advance tax, the facts show that there is no liability to pay advance tax, non-payment of advance tax on the due date may not be considered sufficient to attract interest u/s 234C. If the returned income is higher due to unexpected income received subsequent to earlier due dates, the shortfall in payment of advance tax instalment in earlier date may not attract interest. - AT Highlights Income Tax Sat, 13 Aug 2022 11:28:28 +0530 https://www.taxtmi.com/highlights?id=65099