Interest on late payment
This query is : Resolved
08 August 2013
For AY 2013-14 tax payable is Rs.500, return is filled & payment made on 08/08/2013, so under which section interest will be charged on late payment & from which date ?
08 August 2013
Interest to be paid u/s 234A @1% for 1 month.
So total amount to be paid Rs 505/-
When you fill the ITR and click on Calculate Tax option it will calculate the total tax payable.
So total amount to be paid Rs 505/-
When you fill the ITR and click on Calculate Tax option it will calculate the total tax payable.
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