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Interrst under section 234A/B/C

This query is : Resolved 

26 October 2010 Can interest under section 234-ABC is payable on demand under section 143(3) made by ITO.

For the assessment year 2008-2009

income tax demand on 143(3) 21504

Self tax paid u/s 140(a) 901

Balance tax payable 20603

Interrst under section 234-B6187

Total tax payable 26790/-

please suggest above interest is right or wrong


Date of assessment order 15/09/2010

26 October 2010 Demand u/s 234B may be raised by the AO.

Please provide the date of order then i will make the calculation of interest.

26 October 2010 Interest u/s 234C will not increase in respect of any addition made.




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