Interest U/s 234B & C

Please calculate the Interest u/s 234B & C

Net Tax Payable Rs.29112/- & Advance Tax Paid in Dec 5000 & in March 5000..

Its Urgent......

Replies (4)

For which Assessment year?

FY 2009-10 

A y 2010-11

Net Tax Payable = 29112%

Advance Tax should be 90% = 26201

Short of Adv Tax = 16201 (26201-10000)

Interest U/s. 234 B = 16201 x 1% x 12 Months (including this march, if A.Y 2010-2011) = 1944

Interest U/s. 234 C:

29112 x 1% x 30% x 3 Months = 262

29112 x 1% x 60% x 3 Months = 524

29112 x 1%                                 = 291 i.e., 1077

                                                       

Dear 234B not 16201 but on 19112 ...... please conform that

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 August 2026
CA Articleship

RSAG & CO LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 05 August 2026
CA associate

Arun Deepak and Company

New Delhi

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details