interest calculation u/s sec 234a,234b,234
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2010
My total income for ay 08-09 is 590010.I have paid a total tax of 126700/- out of which 29000/- is self assessment tax paid on 29.7.08 and the balance is tds deducted from salary and interest income.
Please advise if i am liable to pay any amount under sec 234a,b,c and if so the amount and the method of calculation.
Please advise if i am liable to pay any amount under sec 234a,b,c and if so the amount and the method of calculation.
CA. Pradeep Nayak
(Expert)
29 July 2010
As per the details given by you above, you are not liable to pay any interest u/s 234A.
Int. payable u/s 234B is Rs. 1,160
Int. payable u/s 234C is Rs. 1,073
Int. payable u/s 234B is Rs. 1,160
Int. payable u/s 234C is Rs. 1,073
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