21 October 2010
Kindly give us a detail of calculation of interest on delay deposit of tax u/s 234A/B/C.
See the belowmentioned link
1.Sec 234A- 1 % per month of Tax payable amount from due date of filing
2.Sec 234C-3.7% on Tax Payable amount
3.Sec 234B-1 % per month of Tax payable amount if it exceeds Rs 10,000 from due date of filing