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sarthak prashar

Sarthak Prashar

Interest under section 234C is levied at the rate of 1% per month and is applicable for shortfall or non-payment of advance tax.

Budget 2022: Tax on salary earned abroad - govt should rationalise interest levy under Section 234C

by Akhil Chandna |Jan 30, 2022

Simplifying the provisions related to the levy of interest under section 234C will be one more move that will be welcomed by the taxpayers.