I salary income proper tdd deductd but I received income lic and bank interest
now am filling returns and tax liability showing 2500/-
this cause required tax pay amount with interest or only tax liability
kindly rev
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Replies (2)
Its self assessment tax, being less than 10K, no interest is charged.
It is self assessment tax, the amount you pay in total will be apportioned to Interest if any has been charged.
Whether it is only tax liability or Interest has been included in the said amount depends based on the case.
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