DearWhen my taxable income of Ass Year 2015-16 is 53,240 and tax yet to be paid. Then how much tax payable till date including interest. How i calculate interest amount.
Interest calculation
Replies (6)
There is no tax for taxable income of 53240. if ur taxable income is above 2,50,000 then you have to pay tax. You need not file return unless you have tax credits which needs to be taken care off or AIR transaction.
As per Op there is no taxable income
There is no option to adjust int. Because total income is just 53240
.
Clarify, do you want to say that your total income is 2.5L+53240 or anything else?
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IF YOUR INCOME IS 2,50,000+ 53240 WHEN YOU PAID THE TAX ON 53240/- AND DATE EXTEND FOR FILE YOUR ITR31.08.2015
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