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Certification Course on Practical Filing of Income Tax Returns
Dear Friend
my Total Income Rs. 5,98,715/-
what is my tax payable ?
necessary for interest payable u/s 234A/234B/234C ?
If you have net income of Rs. 5,98,715.00 during previous year 2010-11, tax payable by you will be - Rs 55,360.00
Yes interest will be payable u/s 234B and 234C for default and deferment in payment of advance tax. If audit is applicable to you, interest u/s 234A won't be applicable to you as the last date of retun filing will be 30th Sep. 2011 in your case.
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