Interest calculation
This query is : Resolved
26 August 2012
Hi,
Income from one organisation upto Dec '11 and full tds is deducted.
Income from another organisation from Jan to Mar'12 and TDS is deducted nly Rs. 8602/-.
Rs. 137558/- is Balance to pay.
While Efiling Interest amount is Rs.13338/-automatic appearing. Can you tell me how it calculated?
Income from one organisation upto Dec '11 and full tds is deducted.
Income from another organisation from Jan to Mar'12 and TDS is deducted nly Rs. 8602/-.
Rs. 137558/- is Balance to pay.
While Efiling Interest amount is Rs.13338/-automatic appearing. Can you tell me how it calculated?
CA VISHNU GAVKARE
(Expert)
26 August 2012
it calculates interest automatically
Naresh Dharia F.C.A.
(Expert)
27 August 2012
It is one of the features towards calculation of interest which is done by default...
Ensure that the interest amount is rightly appeared..In case of incorrect figure.... Correct interest is to be disclosed and accordingly upload the return...
OK
Ensure that the interest amount is rightly appeared..In case of incorrect figure.... Correct interest is to be disclosed and accordingly upload the return...
OK
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
