Regarding payment of Interest On Income Tax

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This query is : Resolved

Quick Summary

This discussion clarifies how to correctly enter tax and interest payments on the income tax e-portal for self-assessment. The user needs to know whether to combine the tax and interest amounts into the 'Tax' field or to separate them. The correct method is to enter the tax liability (excluding interest) in the 'Tax' field and the total interest amount in the 'Interest' field.

pratik gadade

pratik gadade (Querist)
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26 July 2023 I have to pay additional tax via self-assessment tax. But while making payment on eportal.incometax.gov.in under Add Tax Break Up Details page it shows to fill amount in
a) Tax and d) Interest

I have Tax Liability (Excluding Interest) of Rs. 48,248.00 and
Interest u/s 234B & : Interest u/s 234C of Rs. 1,928.00 and Rs. 2,432.00

While filling in details on this page should I enter the total amount of Rs. 52,610.00 (i.e. 48,248 +1,928.00+2,432.00) in a) Tax field?
OR
Should I fill the Rs. 48,248 in a) Tax field and Rs. 4360 (i.e. 1928+2432) in b) Interest field?

Appreciate the quick response as I have to pay the balance tax and file ITR before 31st July