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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on interest under section 234A, 234B, 234C and 234D This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on interest under section 234A, 234B, 234C and 234D

What is the rate of interest that shall be charged under Section 234A?

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Ans. Simple interest shall be charged at the rate of 1% per month or part thereof.​​

 

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