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Commerce · Q796

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 796

Q796

Interest under Section 234B is payable by an assessee due to the following reason

A.
defaults in furnishing return of income
B.
defaults in payable of advance tax
Answer
C.
defaults in installment of advance tax
D.
defaults due to non-deduction tax at source

Answer: Option B

Solution

Answer: Option B
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