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Charging interest u/s. 234c


12 July 2017 Respected Sir,
I want to know why Interest U/s. 234C for first 3 Quarters is charged for 3 month but for Q4 it charged only for 1 Month
If we consider that for Q1 section charges interest from April to June hence three months, then what is the period for Q4 for charging interest

Thanks

12 July 2017 Only for March interest is charged

13 July 2017 Sir,
Can you please explain in detail


13 July 2017 For shout payment interest will be paid at 15 Jun - Int @ 1% for 3 mth 15 Sep - Int @ 1% for 3 mth 15 Dec - Int @ 1% for 3 mth 15 Mar - Int @ 1% for 1 mth

15 July 2017 Sir thanks for your kind reply
but my query is still unsolved

I want to know why interest for Q4 is charged only for 1 month as compared to other quarter which is charged for 3 months , why for Q4 interest is not charged for 3 months

Thanks

16 July 2017 because interest u/s 234C is charged up to march every year, so in case of 4th adv thx payment int only for 1 mth is charged

16 July 2017 From April onwards Interest u/s 234B is charged

16 July 2017 And kindly note that it is 4th due date of payment of Advance Tax and not Q4




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