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Interest Rate for 234B and 234C

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(Querist)
22 July 2009 What is the interest rate for calculating 234B and 234C interest amount for AY 2009-10. Income Tax webiste says it as 1.25 percent, but i find it to be 1 percent in most of the other sites. Please clarify.

Thanks in Advance.
-- Surya
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
23 July 2009 It is 1%
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surya

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surya (Querist)
23 July 2009 Thanks Ramesh...
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
23 July 2009 1% w. e. f. 08.09.2003
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