234a b c

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Querist : Anonymous

Querist : Anonymous (Querist)

17 September 2013 if tax payable is 17577 and tds is 15600 what vl be the interest u/s 234A B and C cosidering the fact that return has not been filed yet. pls reply.

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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17 September 2013 In your case tax payment liability by the hands of the assessess(from the assessee's pocket) is below Rs.10000. So section 234B and 234C interest not applicable. Only section 234A shall applicable.

Assuming you have an idea how to compute section 234A interest so i didn't providing such computation.

If you want such interest computation then please specify the assessment year for which return of income has to file.

OM SAI SRI SAI JAI JAI SAI

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