Interest u/s 234C

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Vaibhav (Querist)
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13 July 2011 Dear sir,
Please tell me Interest u/s 234C for the F.Y. 2008-09

Income Tax Payable : 1650907
Advance Tax :
13/06/08- 226000
10/09/08- 339900 + TDS 17315
11/12/08- 611820 + TDS 18624
12/03/09- 294580 + TDS 57503

Self Assessment Tax :
31/08/09- 85164 + 852 (Intt. 234C)

Sir in the assessment order Income tax Deptt. show 5127 Intt. u/s 234C

How this is calculate Please Tell me??

AMAN Gupta

AMAN Gupta (Expert)
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14 July 2011 Tax Liab 1650907
Less : TDS 93442
Adv. Tax Payable1557465

Sec. 234 C
Tax % Due Date Min. Tax Actual Tax Shotfall Int @ 1% p.m.
15% 15-6-2008 233,619.75 226,000.00 7,619.75 228.5925
45% 15-9-2008 700,859.25 565,900.00 134,959.25 4048.7775
75% 15-12-2008 1,168,098.75 1,177,720.00 (9,621.25) 0
100% 15-3-2009 1,557,465.00 1,472,300.00 85,165.00 851.65
INTEREST u/s 234 C = 5129.02

AMAN Gupta

AMAN Gupta (Expert)
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14 July 2011 Sec. 234 C
Tax % Due Date Min. Tax Tax Liab 1650907
Less : TDS 93442
Adv. Tax Payable 1557465

Actual Tax Shotfall Int @ 1% p.m.
15 15-6-2008 233,619.75 226,000.00 7,619.75 228.5925
45 15-9-2008 700,859.25 565,900.00 134,959.25 4048.7775
75 15-12-2008 1,168,098.75 1,177,720.00 (9,621.25) 0
100 15-3-2009 1,557,465.00 1,472,300.00 85,165.00 851.65
5129.02

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