Interest under 234b & c


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2013 I am a salaried person and switched job in aug 2012.My total TDS deducted by both the employers is less than what should have been deducted.
I need to pay approx 40000/- tax now for AY2013-14.Do I need to pay interest under sec 234B&C .I have salary income,loss from house property and interest income from fixed deposits.

15 July 2013 U WILL BE REQUIRED TO PAY INT. U/S234 B & c.AS YOUR TAX PAYABLE IS RS.40000


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