Interest u/s 234b & 234c


This query is : Resolved 

26 July 2012 Dear Sirs and Friends,

I have calculated my cousins Income Tax, the same comes to 16,660/-. He has not paid any advance tax during the F.Y.11-12, Please help me in calculating the Surcharge on Income Tax and the interest on deduction of Advance Tax during the year 11-12, Please show me the calculation.

Best Regards,
Yajuvendra Rawat

27 July 2012 Dear Friend , your interest will be Rs. 614.20 u/s. 234C and Rs.2656 u/s. 234B. Thanks


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