Calculation u/s 234 b
Querist : Anonymous
total tax libility:-18,66,292
adv tax paid 14-09-2010--- 600,000
15-12-2010---600,000
SELF ASSESSMENT TAX PAID--
30-04-2011--600,000
28-07-2011--55,000
28-09-2011--23,070
DUE DATE FOR FILING --30-09-2011
DUE DATE FOR FILING---30-09-2011
PLEAE GUIDE ME IN REGARDS TO ABOVE CALN OF 234 B?
From 01/04/2011 till first self assessment tax is paid i.e 30/04/2011-
(1866300-600000-600000*1*1% = Rs. 6663
From 01/05/2011 till second self assessment tax paid i. 28/07/2011
Rs. (666300+6663-600000)*3*1% = Rs 2189
Note- Self Asst tax paid first be utilised towards interest
From 01/08/2011 till last self assessment tax paid-
(72963+2189-55000)*2*1% = 403
Net tax to be paid after 28/09/2011= Rs. 20152+403-23070= (2515)
Querist : Anonymous
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