Interest 234b and 234c
This query is : Resolved
11 June 2018
Sir,
My client is a GOVT. Salaried Employee. He received arrears of salary in f.y. 2017-18.
The arrears related to f.y. 2013-14 and onwards.
when i fill 10E form in computax software there is a tax liability of 4000/- in F.y. 2015-16, and also interest on such amount of sec 234B and 234C.
My question : Advance Tax liability attracts when total tax liability is 10000 or more.
why software impose interest of 234b and 234c interest while tax liability is only 4000/-
My client is a GOVT. Salaried Employee. He received arrears of salary in f.y. 2017-18.
The arrears related to f.y. 2013-14 and onwards.
when i fill 10E form in computax software there is a tax liability of 4000/- in F.y. 2015-16, and also interest on such amount of sec 234B and 234C.
My question : Advance Tax liability attracts when total tax liability is 10000 or more.
why software impose interest of 234b and 234c interest while tax liability is only 4000/-
12 June 2018
If,you have claimed relief U/S 89(1),then file complain under E-Nivaran or wait for notice from CPC.
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