Hi,
Tax payable for individual for Ay 2011-12 is 10854. TDS deducted by employer is 10854 which as follows.
On 30th Sept 2010 - 1000
On 30th Nov 2010 -- 1500
On 31st Dec 2010 -- 1500
On 31st jan 2011- 2000
On 28th Feb 2011 - 2000
On 31st March 2011 ----Rs.2854.
Department has issued intimation under section 143(1) demanding interest under section 234B & C of 1250. Whether interest is applicable for this.
CAclubindia
