The refund interest amount is Rs. 443,425 + Rs. 583,097 = Rs. 10,26, 522. On this amount, I calculated 30% & 4% cess, which works out to be Rs. 320,275. Accordingly, I paid advance tax of Rs. 3.25L.
Besides, I have a net refund to claim against the total tax (advance tax, TDS, etc.). So, why should there be any interest levied at all?
Also, in the new efiling system, under the "income from other sources", and under that "Information about accrual/receipt of income from Other Sources", there is no option to add the details of accruals of incomes other than "dividend income", "Income by way of winnings from lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix)" and "Dividend Income chargeable under DTAArates".
Is this the reason why the system is adding the interest u/s 234C. Where does one show the information about the accruals of income, like in my case, an exceptional income received in a particular year from RERA?