Interest Calculation U/s A, B, C

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Prashant (Querist)
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30 October 2009 If Advance tax not paid and return not filed on or before due date. In that case what would be calculation base for Interest u/s 234 a,b,c

Please revert with example ( For F.Y.2008.09 )

Thanks,
Prashant

CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
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30 October 2009 https://www.caclubindia.com/share_files/files_display.asp?files_id=10982

BALASUBRAMANYA B N

BALASUBRAMANYA B N

(Expert)
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30 October 2009 If you not filed with in due date then 234A will come
ex:
if tax liability 5 and more then that 234 B C will come..

now if tax liability
6000
234 A=6000*1% every month still you pay the tax amount, its starts after due date.

234 B C it will calculated from april still you pay the tax liability 1% every month..

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