calculation of interest on fbt

This query is : Resolved

ca vishal aggarwal (Querist)
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21 October 2009 my fbt in different quarters r
1st quarter-639
2nd quarter-819
3rd quarter-738
4th quarter-688

i have paid advance tax of RS 2000 in ist quarter
plz tel me how much interest is payble on fbt

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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21 October 2009 Total fbt liability was - 2884

15% in first instalment by june
45% in second instalment by sep
75% in third installment by dec
100% in fourth installment by mar.

Upto third installment no interest is payable.

On fourth installment 884*1% ie Rs.8
And on 884 from april to oct ie 8*7=56

Totally Rs.64 is payable as interest.