Hi fellow members,
I'm facing an issue with my ITR and need some guidance. I'm a salaried employee and filed my ITR-1 on 27th July 2025, but I'm being charged:
- Interest u/s 234B: ₹603
- Interest u/s 234C: ₹761
My income details:
- Total salary: ₹23,93,834 (TDS properly deducted throughout the year)
- Other income: ₹67,613
- Total income: ₹24,61,447
My confusion: As a salaried person, I understood that TDS from salary covers advance tax requirements. Why am I being charged these interest amounts when I filed my return on time?
Is this because of my other income of ₹67,613? Was I supposed to pay advance tax specifically on this amount during FY 2024-25?
I always thought salaried employees are exempt from advance tax payments as long as sufficient TDS is deducted. Can someone clarify:
- Is advance tax required on other income even for salaried individuals?
- Could this have been avoided if I had paid advance tax only on the ₹67,613?
- Any way to get relief from these charges now?
Would really appreciate expert guidance on this matter.
Thanks in advance!