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Self assessment tax

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(Querist)
25 March 2012 Hi, I have changed my company in sept 2011. My new employer as not calculated tax properly and deducted less tax. Am I supposed to pay balance tax ? and by when to avoid penalty ?
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
25 March 2012 its better u pay self asst tax as early as possible
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CA. RAVIKUMAR

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CA. RAVIKUMAR (Expert)
25 March 2012 Yes you are liable to pay balance tax and fill the return on or before 31st july 2012
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