calculation of intt. u/s 234B & 234C

Dear Sir/Madam

Can u suggest How can I calculate interest Under section 234B & 234C on 236566.00  Assessment Year 2008-09 Advance Tax paid date is 20000/- June-15, 2007, 100000/- Dec.-15,2007 & 50000/- Up to 31 August 2008

 What is your taxable income ... ..below calculation is based on you taxable income is more than 10 Lakh

Net Tax - 236566

Edu cess - 7096

Surcharge - 23656

Tax paid till sep 07 - 20000

Tax paid till dec 07 - 100000

tax paid till mar 07 - 50000 (not mentioned ...i am assuming)

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Balance Tax = 97256

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Interest U/S 234B - 5835

interest U/S 234C - 3159

interest U/S 234A - 1945

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Calculation is made under assumption that it will be paid before 30th Sep .

Thanks with Regards,

Rahul Jain

mail Id - rahul_jain_81 @ rediffmail.com

taxable amount is Rs.14088/- how to calculate U/s 234A and U/s234B

To calculate interest U/S 234A and 234B, i need detail information, total taxable amount, tax paid in sep07, oct-dec 07, jan-mar07 ....

To calculate interest U/S 234A , 234B,

U/S 234 ,  (balance tax * no of month after 31th july )*1/100

U/s 234B , (balance tax *no of month after mar to till date)*1/100

Could you please send the Interest Calculator u/s 234 of the Income Tax Act : 234(a), 234(b) & 234(c)

Thanks

tax liability comes to 25713600 TDS to be calimed being deductedis 2500000  Advance tax paid was on 15th march 2008 1.75 crores what will be the 234b  and 234c for me on the tax due.

Please send me 234b & c calculation

hi all,

any one plz tell me howz to calculate interest U/s 234B & 234C.

if Total Tax payable is 309599/-

and Advance tax is as follows:

in sep   25000/-

in Dec  75000/-

in march  125000

tcs & tds rs. 4893

thanks s

regards

sonujain

Hi,

  You have not mentioned your total taxable income, anyway, here is your  interest

Total tax payable - 309599  (Including edu chrg+sur charge, i guess)

Interest U/S 234A - 1690

Interest U/S 234B - 5070

Interest U/S 234C - 5455 (INR)

You have to pay interest U/S 234A also, beause your have balance tax after 31st July 2008.

Further querries are welcome , can reach me at my personal mail id rahul_jain_81 @ rediffmail.com

sir/ madam

plz tell me u/s234c  calculation immed.

Hello,

For interest calculation u/s 234B and 234C first tell me the status of the assessee.

Please Tell Me For caluclation interest u/s 234A, 234B, 234C