Section 234C - An Interesting One.

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..... A company has paid 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 .....

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..... only '1'month, since 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 investrad .....

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..... e Limited Vs. CIT - Section 234C - An Interesting One. - Query Started By: - sathyanarayanan kasinathan Dated:- 22-3-2012 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Shar .....

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..... ing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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