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how to find 234B interest calculator

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Adv. S Sharma

Adv. S Sharma (Querist)
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13 November 2007 hi all
plz tell me how can i find the interest calculator on this site?
thx

Ravi Shankar

Ravi Shankar (Expert)
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13 November 2007 Why do you need a calculator for this? Its just 1% per month from April '07 (or Apr '06 for belated returns) to the month of filing the return!

KAAPIL (Expert)
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13 November 2007 I hope this simplifies.

CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
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19 November 2007 Say a1= sum of default tax
say a2= months (for which interest is to be levied)

interest will be calculated as follows_

=rounddown(a1,-2)*a2*1%

CA. GOPAL SONIKA

CA. GOPAL SONIKA (Expert)
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10 March 2008 I hope ur clear

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