Interest for default in payment of installments of advance tax is levied u/s
Interest for default in payment of installments of advance tax is levied under section 234C of the Income Tax Act. Section 234C applies when an assessee is required to pay advance tax in installments during the financial year but fails to do so or pays an amount less than the prescribed amount for each installment. The provision aims to encourage timely payment of advance tax and penalizes the assessee for delaying or underpaying the installments. It ensures that the government receives a steady flow of tax revenue throughout the year rather than waiting until the end of the financial year.
How many male members in the family?
Read the direction carefully and answer the following question.
Anita, Mahima, Rajan, Lata and Deepti are five cousins. Anita is twice as old a...
Who is the mother of N?
Ankit and Mohit are brothers. Shikha and Shweta are sisters. Ankit’s son is Shweta’s brother. How Mohit is related to Shikha?
N is the father of P. O is the only son of H, who is married to N. Z is married to Y, who is the child of H. How is Z related to N?
J is the father of H but H is not the son of J, who is married to Q. O is the mother-in-law of Q. How is H related to F, if F is married to O?
What will come in the place of question mark (?) in the expression ‘A + B @ C % D ? E’ if it indicates that ‘ C is grandfather of E&rs...
If Q@X&P!S*J , then how P is related to J?
E is the only child of F and R is granddaughter of G, who is husband of F. I is father of U and son-in-law of F. How is E related to U?
How N related to M?