11 June 2018
Sir, My client is a GOVT. Salaried Employee. He received arrears of salary in f.y. 2017-18. The arrears related to f.y. 2013-14 and onwards. when i fill 10E form in computax software there is a tax liability of 4000/- in F.y. 2015-16, and also interest on such amount of sec 234B and 234C.
My question : Advance Tax liability attracts when total tax liability is 10000 or more. why software impose interest of 234b and 234c interest while tax liability is only 4000/-