16 August 2007
As per section 115 WJ(5) you have to pay interest to be paid @ 1% p.m on unpaid amount , in your case out of total FBT (say100) on 15 july 15% 15th oct 45% 15 jan 75% & March 31 100% to be paid accodingly interest to be paid for next 3 month for july ,Oct,Dec. & 1 month for March.
16 August 2007
Can u please explai detail with calulation the total amount for 2006-07 FBT is Rs.1,62,174/-, if i pay in aug for is the interest charges and any charges for delay payment of advance tax
CAclubindia
