Interest u/s 234b & c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2012
I have salary income & interest income. My salary Income Rs.2680100 on that TDS deucted by compnay Rs.668501/-( Senior Citizen) My interest income is Rs.27850/- on which Tax is 8606/- which I wnat to pay now. Pls let me know on this amount i.e tax Rs 8606/-whether interest u/s 234B & C is applicable & what is the interest amount.
23 July 2012
Dear Sir, Plz check your tax liability from other sources does not exceed Rs. 10,000/- in case of advance tax so you are not liable to pay interest under Sections 234B & C. Thanks
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- FEMA regulation Act. for inward remitance
- Grand in aid
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
