What are the consequences of non payment of Advance Tax?
Any person who fails to pay advance tax is required to pay 1% Interest per month for non payment/short payment on amount of Advance tax U/s 234B and U/s 234C.
Click here to know more about interest under section 234B
Click here to know more about interest under section 234C
myITreturn.com is India's leading Tax and Compliance solutions provider. Our
solutions are used by over 3 million users and by ET & Fortune 500 companies.
Learn more about our products and services at the links given below:
Income-Tax Return Filing | Notice Assistance | TDS Software | TDS Outsourcing | Form-16 Software
For the latest news and insights on taxation, follow us on social media:
LinkedIn | Facebook | Instagram | Twitter | YouTube | Threads |
WhatsApp (myITreturn | eTDS ZIP)