Where a return of income is furnished after due date then period for which the interest is payable under section 234 A commences from:

CS Executive · Tax Laws and Practice · PYQS · December 2021
Where a return of income is furnished after due date then period for which the interest is payable under section 234 A commences from:
(A) The date immediately following the due date for filing the return and ending on the date of furnishing of the return
(B) First day of relevant Assessment Year to ending on the date of furnishing of the return
(C) First day of relevant Assessment Year to due date for filing the return
(D) The date immediately following the date of filing the return and ending on the end of relevant Assessment Year.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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