how to calculate interest u/s 234A/B/C

This query is : Resolved 

21 October 2010 Sir,

Kindly give us a detail of calculation of interest on delay deposit of tax u/s 234A/B/C.

Profile Image

Guest

Profile Image

Guest (Expert)
21 October 2010
See the belowmentioned link


https://www.caclubindia.com/forum/interest-u-s-234b-and-234c-in-easy-understandable-language-108309.asp


Regards

29 October 2010
1.Sec 234A- 1 % per month of Tax payable amount from due date of filing

2.Sec 234C-3.7% on Tax Payable amount

3.Sec 234B-1 % per month of Tax payable amount if it exceeds Rs 10,000 from due date of filing




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries