Interest

This query is : Resolved 

17 December 2011 in order to calculate the interest u/s 234A,B,C should education cess to be included or not.

17 December 2011 Interest u/s 234A,B,C is calculated on the basis of Assessed Tax i.e, Total Tax including and surcharges if any.

But no cess to be charged on interest amount.


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