TMI BlogWhich amount shall be considered to calculate interest under Section 234B if advance tax is not paid?X X X X Extracts X X X X X X X X Extracts X X X X ..... ns (FAQs) - Income Tax - Manuals - Ans. Where the assessee has the liability to pay the advance tax, but he failed to pay the same, the interest shall be charged on the whole amount of tax computed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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