Question
An assessee liable to pay advance tax is not liable to
pay interest u/s 234B if the advance tax paid by him is not less thanSolution
An assessee liable to pay advance tax is not liable to pay interest under section 234B of the Income Tax Act if the advance tax paid by them is not less than 90% of the advance tax payable by them. Advance tax is a system where taxpayers are required to estimate their income for the financial year and pay taxes on a quarterly basis rather than waiting until the end of the year. Section 234B of the Income Tax Act deals with the interest charged on the shortfall of advance tax payments. If an assessee fails to pay advance tax or pays an amount less than the prescribed percentage, which is generally 90% of the advance tax liability, they may be liable to pay interest under section 234B. However, if the assessee has paid at least 90% of the advance tax payable, they will not be charged interest under this section.
Which of the following would be the last step of the rearrangement?
Input: he does not even claim that motifs
Which of the following steps will be the last but one?
Which word/number is third to the right of eighth element from right end in step-III?
In which step the elements “38 82 automobile” found in the same order?
If the 13th step of an input is ‘he beats the old record of nine hours’, which of the following would be its step VII?
...Which number would be at the fourth position from the left end in the last step of the output?
If following is the second step for an input, what will be the fourth step?
Step II: 46 122 343 48 56 212 415
What is the difference between the third element from the right in step IV and the fourth element from the left in step III?
Step II of an input is: table 74 parrot 14 32 neat jackal 42
Which of the following is definitely the input?
Who sits second to the right of seventh letter from right in step VI?
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