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Interest u/s 234b & 234c

This query is : Resolved 

19 July 2013 Dear Sir,

Senior Citizen asseessee has following income :

Salary Income : 312000
Interest Income : 305720

TDS deducted on Interest Income : 16570
No TDS deducted on salary...

now tax liability arises to Rs. 30353 after TDS but our income tax return filing software does not calculate any interest u/s 234B & 234C...

So whether software is correct or not ???

As assessee is not liable for interest u/s 234B & 234C because the employer is in default for deducting TDS...
Whether this is right or not ?????

19 July 2013 The software is according to legal provision contained u/s 207(2).
.
Senior citizens, not carrying on Business or profession, are not required to comply advance tax provisions.
.



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