banner_ad

interest under section 234

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 January 2011 sir, I want to know that how to calculate the interest on tax under section 234 A , B& C
by this exp.
if an assesse's tax is Rs. 55370/- and he deposited advance tax Rs. 33000/- dt. 25/03/2010 and tds Rs. 22664/- plz clear me what should be intt. on this tax by these figure
Profile Image

Selvakumar Selvaraj

Profile Image

Selvakumar Selvaraj (Expert)
31 January 2011 Here it is! for Companies Under section 234C
15-Jun:55370*15% - Advance tax 1+TDS = XX*3%
15-Sept:55370*45% - Advance Tax 1+2+TDS=XX*3%
15-Dec:55370*75%- Advance tax1,2,3=XX+TDS *3%
15-Mar:55370*100% - Advance tax1,2,3,4+TDS=XX*1%

234B: 55370-Advance tax-TDS=xxx*(No of Months from April to till the month of payment)

234A; 55370-Advance tax - TDS=XX*(If not filed the return in time, number of months)
Profile Image

Sandeep Kumar

Profile Image

Sandeep Kumar (Querist)
01 February 2011 thans sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details