Student
3986 Points
Posted on 26 July 2019
1. Sec 234C deals with the deferment of advance tax. Apply 3 % on 15% 45% and 75% each on the tax liability and on the entire amount apply 1% (for march month alone ).
2. You will arrive at an interest amount of Rs. 5908.50 exactly. You verify your answer with mine.
Please correct me if the above solution has an alternative view.