Due date of tax liability on interest income from bank

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Due date of tax liability on interest income from bank
Query (Issue) Started By: - Rahul Bagaria Dated:- 17-6-2009 Last Reply Date:- 18-6-2009 Income Tax
Got 1 Reply
Income Tax
We earn qu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... arterly interest on our money kept in bank (Savings account)What should be the due date of paying tax on this interest income ideally. Reply By Mukesh Kumar: The Reply: Due date of payment of tax is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the date of furnishing the return of income as per the status of the assessee. However, if the income tax payable on such income is Rs. 5000/- or more, the normal provisions of advance tax would also .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... be applicable. See Section 207 to Section 218 of the Income Tax Act, 1961.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X