How to Compute Interest on Advance Tax:Section 234B скачать в хорошем качестве

How to Compute Interest on Advance Tax:Section 234B

A Detailed Explanation about Section 234B of Income Tax Act which deals with the Computation of Interest Penalty levied on taxpayers. This video will give you a clear overview about the Interest u/s 234B and how it is levied on taxpayers who default in payment of Advance Tax. Subscribe to H&R Block India to uncover many more secrets like how to save money, make smart investments and best tax saving shortcuts. Subscribe Now : http://bit.ly/HRBsubs Here’s what you will gain from this video: Interest under section 234B of Income Tax Act is levied upon those taxpayers who default in payment of Advance Tax. There are other similar interest penalties applicable under section 234A (delay in filing tax return) and section 234C (defaulting payment of Advance Tax instalments). Therefore, in this video we explain Section 234B and the Computation of Interest on Advance Tax and also answer the commonly asked queries related to Section 234B such as who has to pay Interest Penalty u/s 234B and who does not need to pay Advance Tax. This video will also help you gain a better understanding about Calculation of Interest u/s 234B as well as the conditions due to which this Interest Penalty needs to be paid. Also, you will be able to understand the basics of Advance Tax and how failure to pay it may result in receiving a notice from the Income Tax Department. To ensure any notices you receive are handled with care and attention to detail, consult your personal tax experts at H&R Block India to get instant tax notice assistance: https://www.hrblock.in/tax-notice-man... Income Tax Calculator 234ABC – Income Tax Department: https://www.incometaxindia.gov.in/Pag... Follow us on our Social Media: Twitter:   / hrblockindia   Facebook:   / hrblockin.  . Also read our blogs: https://www.hrblock.in/blog/