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This query is : Resolved 
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(Querist)
03 March 2010 Here there is any one solve my problem tax amount is Rs.146404/- and how much the interest/panelty charges should pay (service is Clearing & Forwarding Agents)

urgent

Thanx
Srinivasan
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
03 March 2010 Interest is contingent upon no. of days delay. The rate of interest is 13% pa.

It is not known, why should you pay penalty?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
03 March 2010 Agreed.only Interes 13 % p.a based on days calcualtion
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