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how to calculate interest 234 b , 234c in case of relief u/s 89.
i hv received intimation of cpc charging interest 234b,c . i hv received arrears of salary. my tax was deducted in tds. no tax was due to me. ihv claimed refund in return , despite of it i received demand on acc of interest 234b,c. i want to know. tax liability due is calculated before relief 89 income or after deducting relief. please share.
Replies (3)
we are unable to explain whole three sections here in query mode. better google it.
and 234 b is for short payment of advance tax in case your liability after claiming relief exceed rs 10000.
thanks
and 234 b is for short payment of advance tax in case your liability after claiming relief exceed rs 10000.
thanks
liability is not there. refund is arising after taxes. taxes paid only in tds.
You can refer:- https://financialcontrol.in/interest-under-section-234a-234b-234c/
&
https://financialcontrol.in/tax-relief-under-section-891-on-salary-arrears/
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