A return of income where furnished after the due date than the period for which the interest is payable under section 234A commences from ______.

CS Executive · Tax Laws and Practice · PYQS · December 2020

(A) first day of relevant Assessment Year to ending on the date of furnishing of the return

(B) the date immediately following the due date for filing the return and 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 for filing the return and ending on the end of relevant Assessment Year

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Penalties and Interest