Penalty on late payment of income tax on a small amount

There was no tax became due on the income of one of my friend in FY 2024-25 but due to Bank Interest, his income increased and now has to pay tax Rs.1605 plus surcharge 64. If he pay it now, how much penalty he will have to pay. Whether penaly will be on Rs.1605 or Rs.1669 (Rs.1605+Rs.64). Secondly paying now in June or paying at the time of filing ITR, most probably in July (as at present prevalidated figures are incomplete in ITR) will make any difference. 

 

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Quick Summary
This discussion clarifies the penalty for late income tax payments when the tax liability is small. It explains that interest under sections 234B and 234C is only applicable if the total tax liability exceeds Rs. 10,000. Therefore, for a small tax amount like the one mentioned, no interest penalty would be incurred. The timing of payment, whether now or during ITR filing, makes no difference in this specific scenario as no penalty is due.

Interest 234b and 234c attracts when total tax liability exceeds 10000/-. In your case if it doesnt exceed there will not be any interest payable. 

Thanks for guidance 

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