How much interest will be levied

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naresh kumar (Querist)
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08 August 2011 Dear Sir,
I want to know that how much interest will be levied if tax payable is 135000.00

with following advance tax 's installments have been paid

14/09/2010 25000.00

14/12/2010 15000.00

12/03/2010 40000.00

above said situation of proprietorship firm with audit able.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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08 August 2011 Interest U/s 234A NIL
Interest U/s 234B 2750 (if return is filed in Aug)
Interest U/s 234C 2245.

Total Rs. 4995 or say Rs. 5000/ interest
is payable if you file return or pay taxes in this month.

For SEP. - You have to pay Interest Rs. 550 Extra U/s 234B.

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