08 August 2011
i have filled a Salary return for A/y 2011-12 on 08/08/2011 Return contain tax which was adjusted against TDS.
Know when i calculate tax it shows interest of Rs. 167 in itr-1. i file without paying Interest but i reflected interest in return. can i pay interest know and till when.
on what amount know interest will if i pay interest after sometime
08 August 2011
Do not worry if there was no tax payable after adjustment of TDS, no tax or interest remains payable by you. If the computer has generated interest due to you mismatch filling the form then it is possible otherwise NOT. If there is any interest payable wait till you are intimated by the INCOME TAX DEPARETMENT
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