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Interest 234c

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 August 2015 Dear Experts / CAs,

Capital Gain is arises on 14 March and Advance tax was paid with 50000 short. So now during calculating 234C have to calculate interest for whole year or particular quarter.

Your prompt reply is very helpful for me.
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Taxguy

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Taxguy (Expert)
13 August 2015 Fill up the ITR with all the details and go by the 234C computation, it is effective and meaningful.

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