20 March 2010
Dear Sir, I am filing a return of income for the A.y.2009-10 for which tax liability is Rs.4,359/- I think only Interest U/s. 234A attracted & not 234B & c. & the Interest is Rs.131/- Can anyone confirm my figs. Thanks in advance.
20 March 2010
U/S 234 A int @ 1% pm or part of month is to be calculated from 1.08.2009, so if you paid SAT on mar.2010, then int for 8 months is 349/-, 234B/C NA.
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