Calculation of interest u/s234 A B & C


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This discussion clarifies the calculation of interest under sections 234A, 234B, and 234C of the Income Tax Act. It addresses a specific scenario where the income declared by the assessee matches the Assessing Officer's (AO) figure, but a change in tax regime alters the final tax liability. The user is seeking help to understand how the AO computes this interest in such circumstances.

27 May 2025 How interest u/s 234 A , B & C is calculated by AO if income declared by assessee and AO are same only tax regime changed which lead to change in tax liability ?
Please help me out with this as I am not able to understand the calculation

28 May 2025 https://www.caclubindia.com/articles/interest-u-s-234a-234b-and-234c-15276.asp

https://taxguru.in/income-tax/interest-payable-section-234a-234b-234c-income-tax-act-1961.html

28 September 2025 Good luck.....


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