Section 234C - An Interesting One.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ection 234C - An Interesting One.<br> Query (Issue) Started By: - sathyanarayanan kasinathan Dated:- 22-3-2012 Last Reply Date:- 25-3-2012 Income Tax<br>Got 1 Reply<br>Income Tax<br>A company has paid....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the first installment(full 15%) by June 17th, instead of the stipulated June 15th. I'd like to know whether the Interest payable u/s 234C should be calculated using '3' months or only '1'month, since....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the delay is only 3 days. Reply By GOPALJI AGRAWAL: The Reply: The interest would be chargeable only for period of default not for 3 months. You may refer Panther investrade Limited Vs. CIT<br> Dis....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....cussion Forum - Knowledge Sharing ....