The assessee fails to pay the advance tax in 4th instalments in due time. The interest to be calculated in this case for .......... months.

CS Executive · Tax Laws · PYQS · December 2024
The assessee fails to pay the advance tax in 4th instalments in due time. The interest to be calculated in this case for .......... months.
(A) 1
(B) 2
(C) 3
(D) 4

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act

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