Category: IT Circulars

No interest under section 234A of the Income Tax Act is chargeable on the amount of self-assessment tax paid before the due date of return filing

CIRCULAR NO 02/2015 No. 385/03/2015-IT(B) Subject: Chargeability of Interest under Section 234A of the Income-tax Act, 1961 on self-assessment tax paid before the due date of filing of return of income-regarding Interest under Section 234A of the Income-tax Act, 1961 (hereinafter the Act) is charged…