Interest Rate for 234B and 234C
This query is : Resolved
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
Thanks in Advance.
-- Surya
23 July 2009
It is 1%
Message likes :
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Aditya Maheshwari
(Expert)
23 July 2009
1% w. e. f. 08.09.2003
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