16 October 2008
My ( Individual) Tax amount in the A.Y. 2008-09 is Rs. 202/-. in the month of october i am planning to file my return. so pls caculate interest amount u/s 234A B & C of income tax act 1961.
16 October 2008
Advance tax needs to be paid only if the tax due is more than Rs.5000, In this case since the due is less than Rs.5K interest u/s 234B & C will not apply.
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