Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Interest tax under section 234b and 234c

Save Share

This query is : Resolved

Tarun Sharma (Querist)

27 July 2013 Hello Sir,

While going to file e- return, after giving details under "Personal" and "Income Details" tab, when I switched to TDS tab it is showing me less amount than what was deducted from my salary as per Form16. Also in the Income Details tab, it is showing me the interest amount payable under section 234B and 234C.

But if I specify the correct deducted amount(as per Form 16) under TDS tab, then the interest under section 234B and 234C becomes zero.

So can i make changes in TDS tab with the correct tax paid as per Form 16.

Please check and let me know if i need to pay any tax before filing.

With Regards,

Tarun Sharma
PAN - BITPS9346H

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

27 July 2013 Check your form 16 & Form 26AS for the actual TDS deduction. incase any shortage is there pay the balance tax and file the return

Also incase any short short deduction in TDS. interest u/s.234B & 234C also apply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now