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calculation under 234 ABC

This query is : Resolved 

10 April 2010 My father's taxable income is 401,193 and his tax liability comes to 27,026.

He has deposited an advance tax as follows :
September - NIL
December - 15,450
March - 10,506

How do we calculate 234 A B C.??
How much tax needs to be deposited on 15th April including 234 A B C?? Thanks in anticipation

11 April 2010 You can use the interest calculator from here and calculate.

Here is the link
https://www.caclubindia.com/forum/calculate-interest-u-s-234a-b-amp-c-77966.asp

11 April 2010 Interest U/s 234A will not be applicable if you file return by due date, 234B also not applicable as you have deposited advance tax more than 90% of Tax payable, only Interest Rs. 277 u/s 234C will be payable.

So you have to pay Self Assessment Tax Rs.1350 (Including above Interest Rs.277)

11 April 2010 agree with Mr. Jha


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