Interest Under Section 234

Under section 234B of the Income Tax Act, you would be fined in the form of interest if you miss or delay the payment. Similarly, you must pay fines under sections 234A and 234C. Here's a rundown of the three sorts of interest you might have to pay in case of default.

source https://www.caclubindia.com/articles/interest-under-section-234-47641.asp

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