Interest u/s 234b

This query is : Resolved

Sopan Dattatray Pingale (Querist)
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11 September 2014 Sir,

Please solve my query

1] I filled ITR Return A.Y 13-14 dated 01/01/2014 Total Tax Rs.164000/- paid in step by step from april-12 to mar.14 in the year

2] As per Income Tax Dept. Intesret U/S 234B Rs.27880/-

Sir as per my knowledge 234b Interest levied when no tax deposited in advance all tax paid after F.Y close

but i tax paid in advance

right or wrong
please reply

CA. Aryendra

CA. Aryendra (Expert)
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11 September 2014 Yes Assessee is liable to pay interest under this section if he fails to deposit 90% of assessed tax in advance.

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Sopan Dattatray Pingale

Sopan Dattatray Pingale (Querist)
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11 September 2014 Sir,

1] I Received Intimation of IT Dept.Interest of 234b Levied

please suggest to what is the action for intimation 143

please reply

CA. Aryendra

CA. Aryendra (Expert)
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12 September 2014 Then represent your case with A.O.

Sopan Dattatray Pingale

Sopan Dattatray Pingale (Querist)
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13 September 2014 Sir,

Means
1] Revised Return F.Y 12-13

or

2] 26AS,Form-16 send to IT Dept.Bangalore for Verification.

Please suggest me

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