Income tax interest on due tax

When tax payable is above Rs. 10,000/-, one is liable to pay advance tax. One is always required to first pay the tax, and then file the returns. Now, you will have to pay the tax plus the interest charged thereon, and only then file your returns.

Dear Piyush,

You have to pay the interest amount, as you have not paid the due tax amount before 31st March 2013. So the department charged that interest amount to you. pl pay it asap.