Interest on Advance tax

My salary is 16 lacs (monthly advance tax paid) TDs 5.5 lacs

OS income is 2.7 lacs ( 10% TDs done) 15000 tds

I also paid  self assessment tax on 29 march 20 -10000

And 65000 advance tax on 28 march 20.

But still the itar 2 shows - Interest on deferment of advance tax. Rs 2750. Is it correct. My refund is  Rs 17860.

What should I do ? Pl guide. 

Dr Sunil

Replies (2)
Quick Summary
This discussion addresses a user's confusion regarding an interest charge for deferment of advance tax on their Income Tax Return (ITAR). Despite paying advance tax on their salary and other income, and also making self-assessment tax payments, an ITAR shows an interest of Rs 2750. The user is seeking guidance on whether this charge is correct and what steps they should take, especially as they are expecting a refund.

Dr. Sunil



I must request you on this .
OS INCOME IS RS.2.7 LACS.
SALARY IS 16 LACS.

IT SHOULD NOT SHOW LIKE THIS.
PLS SEND DETAILS AT sabyasachimukherjee7098 @ gmail.com
Can you little bit clearly about the question with figures
as few things understood and few things not sir

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register