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Interest on wealth tax

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(Querist)
22 October 2011 HOW TO CALCULATE THE INTEREST ON LATE FILING THE WEALTH TAX RETURN. I.E. DUE DATE 31ST JULY,2009 AND FILED THE RETURN ON DATED 25TH OCT., 2011.
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Rahul Gupta

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Rahul Gupta (Expert)
22 October 2011 Simple interest @ 1% of every month (or a part of a month) from the due date of furnishing return to the date of furnishing return.
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CA VISHAL RANA,CS,B.Com,AMFI

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CA VISHAL RANA,CS,B.Com,AMFI (Expert)
22 October 2011 calculate interest from 1/08/2009 to 25/10/2011 of 27 months....i.e 27%
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