INTEREST U/S 234C

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....NTEREST U/S 234C<br> Query (Issue) Started By: - NABIN AGARWAL Dated:- 18-6-2015 Last Reply Date:- 18-6-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>A Company earned Capital Gain income in March&#3....

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....9;15 by selling an Immovable Property but need to pay tax U/s 115JB as because normal tax is lower than MAT tax. Can it be allowed to pay Interest U/s 234C for last quarter only as Income is solely fr....

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....om Capital Gain occured in March&#39;15. though he is laible to pay tax U/s 115JB ??? Please reply with Case Law and Section in support of your answer. Reply By RAMA KRISHNA KNVS: The Reply: Advance....

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.... tax payment is made towards estimated tax liability for year as a whole. as Mar-15 is due date for 4th installamnet, by that time the capital gain tax must have been known. so such computation of int....

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....erest as suggested by u will not be allowed under law.<br> Discussion Forum - Knowledge Sharing ....