INTEREST U/S 234C

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..... A Company earned Capital Gain income in March'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 .....

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..... 234C for last quarter only as Income is solely from Capital Gain occured in March'15. though he is laible to pay tax U/s 115JB ??? Please reply with Case Law and Section in support of your an .....

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..... swer. - Reply By RAMA KRISHNA KNVS - The Reply = Advance 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 capita .....

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..... l gain tax must have been known. so such computation of interest as suggested by u will not be allowed under law. - INTEREST U/S 234C - Query Started By: - NABIN AGARWAL Dated:- 18-6-2015 Income Ta .....

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..... x - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM .....

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..... I - TaxTMI - TMITax .....

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