Sir,
I had declared in my Tax Estimates submitted to my employer that I will be taking NSC before 31-03-2012. For some reason, I could not take the NSC. Now there is a Tax liability due to that. Can I make Self Assessment Tax payment now with Penalty @ 2%
ya you can but you have to pay interest u/s 234C and 234 B
You have not mentioned the Assessment Year. Hope it will be A.Y. 2012-13. If i am right you just deposit the balance tax by fillingup 280 challan and submit the return. If you submit the tax before 30/07/2012 you do not need to submit any interest u/s. 234A or 234B or 234C.
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