Interest calculation

This query is : Resolved

Arvind (Querist)
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26 August 2012 Hi,

Income from one organisation upto Dec '11 and full tds is deducted.

Income from another organisation from Jan to Mar'12 and TDS is deducted nly Rs. 8602/-.

Rs. 137558/- is Balance to pay.

While Efiling Interest amount is Rs.13338/-automatic appearing. Can you tell me how it calculated?

CA VISHNU GAVKARE

CA VISHNU GAVKARE (Expert)
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26 August 2012 it calculates interest automatically

Naresh Dharia F.C.A.

Naresh Dharia F.C.A. (Expert)
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27 August 2012 It is one of the features towards calculation of interest which is done by default...
Ensure that the interest amount is rightly appeared..In case of incorrect figure.... Correct interest is to be disclosed and accordingly upload the return...
OK

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