Calculate interest u/s 234c

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student
119 Points Joined August 2010

how to calculate interest on advance tax u/s 234C

Details:

Taxable income - 132052, Tax liability before TDS deducting - 136951, Education cess - 4109, TDS - 3597, Capital Gain - 32660, Advance Tax payed in 2013-14 - 100,000(31-3-2014). Interest u/s 234A - 748, u/s 234B - 2992. So how i calculate interest u/s 234C.

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On 21 December 2016 at 01:26 Report
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Chartered Accountant
1375 Points Joined August 2012
Format for computation:

Tax on income
add: Edu cess
Total (1)
less:Tds
Total (2)
less:advance tax paid
Total (3)
add: interest u/s 234 a,b,c
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On 21 December 2016 at 08:21
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Accounts Manager
1466 Points Joined August 2013

IF YOU FILE ITR THROUGH SOFTWARE THAN YOU NEED TO FILL ONLY YOUR DATA ,

AFTR THAT YOU SOFTWARE AUTOMATICALY CALCULTE YOU BALANCE TAX AND INTEREST 

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On 21 December 2016 at 11:15


CCI Pro

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