Interest in itr

Hi 

I am filling ITR 1 and have filled up all the necessary details of taxes paid etc. however excel utility is calculating interest on tax which i paid today. Interest should be levied as due date has been extended from 31st July to 31 Aug-12.

I am using excel utility given on incometaxindiaefilling.gov.in

Please advice

Sushil

Replies (4)
utility may not be updated. Try one thing. Fill tax payment date and filing date as 31.07. Calculate tax. Now again change both dates and validate the pages, generate xml.

Try Mr.Sridhar's suggestion otherwise change the date of your system and put a back date and modify your date of filing accordingly and give it a try ....

As per my opinion, Date was extended to file the return not to deposit the tax. So, the interest calculation of excel utility is correct.

Dear sushil u can manually change intereste figure in xls sheet. 

change is manually and fill 0.

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