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
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details