Income tax
Querist : Anonymous
Income tax Payable by an Individual for the F Y 12-13 is Rs.14450.
How to calculate Interest u/s 234A, 234B & 234C for the same.
Please show me the calculation???
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https://www.caclubindia.com/articles/interest-u-s-234a-234b-and-234c-15276.asp#.UuGB-fS6aIU
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you can fill itr and click on compute tax so that it will give you caluculated interst and pay accordingly
Querist : Anonymous
U/S 234A is
14450x1%x6 months(from Aug to Jan)
U/S 234B is
14450x1%x10 months(from Apr to Jan)
U/S 234C is
14450x30%x1%x3 months
14450x30%x1%x3 months
14450x40%x1%x1 months
But it is not tallying with the amount of Interest in the ITR.
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