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# section234b

1 posts in `section234b` tag

Understanding Sections 234A and 234B of the Income Tax Act, 1961

This blog provides a comprehensive overview of Sections 234A and 234B of the Income Tax Act, 1961. It explains the interest levied for defaults in filing income tax returns and advance tax payments, their implications, and key differences. The blog also offers practical tips for taxpayers to ensure compliance and avoid penalties.