Question
Ā Ā Interest payable u/s 234C is computed
at?Solution
Interest payable under Section 234C of the Income Tax Act, 1961 is computed at simple interest at 1% per month or part of a month on the amount of advance tax that is not paid or paid in short. So, the interest is calculated on a monthly basis and not on an annual basis. This means that if a taxpayer fails to pay the advance tax on time, they will be liable to pay interest at 1% per month on the amount that is outstanding.
The National Social Security Board shall consist of the______________________ as per the Code on Social Security, 2020
Special Courts are established by
Article 20 of Constitution of India speaks about:
If the donee dies before the acceptance of the gift, the gift is:Ā
Under Chhattisgarh Excise Act 1915 Tari means:Ā
What are the prohibitions with respect to strikes and lock outs on a person employed in a public utility service, in breach of contract?
According to the IFSCA Act all sums realised by way of penalties or fines under the IFSCA Act shall be credited to ___________
The doctrine of āRes Gestaeā is incorporated under which section of the Indian Evidence Act, 1872?
Which of the following is not true about High Courts in India?
Insurance Regulatory Development Authority was setup on the recommendation of __________________
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