NO RETURN OF INCOME HAD BEEN FILEED BY THE ASSESSEE WITHIN ONE YEAR FROM THE END OF THE RELEVANT ASSTT. YEAR. NOTICE U/S-148 WAS ISSUED. NO RETURN OF INCOME FILED IN COMPLIANCE TO NOTICE U/S- 148. ASSESSMENT COMPLETED U/S- 144 ON A TAXABLE INCOME. WHAT SHOULD BE THE TIME PERIOD FOR CALCULAING INTEREST U/S- 234A.


Admin’s Response:

Interest would be levied u/s 234 A from the due date of return to the date of completion of assessment u/s 144.