Fee or interest

The challan self assessed tax is lesser than the amount required to be paid in that case which one will be adjusted first
Replies (3)
Can You elaborate More....?!
I have tax liability of Rs 60000
Out of which Rs 30000 is tax amount
Rs 10000 is fee under Section 234F
and Rs 20000 is fee under Section 234A/B/C

Now i have raised a challan of Rs 15,000 how would this be allocated
1. Are You paid the Challan....? or
2. Are You will pay now and confirm before that...?

** You can pay the Challan
Rs. 30k under Tax amount.
Rs. 30k under interest head or Rs 20k under interest & 10k under others....



* In case You paid it fully understand tax head then no need to worry about that. You can split as per your requirements....

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