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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 |
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Income Tax - Frequently Asked Questions (FAQs) |
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FAQs on interest under section 234A, 234B, 234C and 234D |
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Which period shall be considered for interest under Section 234B in case of re-assessment without regular assessment? |
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Ans. If the assessment is made for the first time under Section 147 (Income escaping assessment), interest is payable from April 1 of the assessment year till the date of such assessment order. |
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