Interest in itns 280

This query is : Resolved

Sumit (Querist)
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22 August 2018 Dear Sir
Im paying tax on my income (Tax Rs 22530/-) on a proprietorship firm.

The Challan Filled by my CA shows Interest Column Rs 1350, and Total Tax payable Rs 23880/-

While the Due date is 31/09 and today being 22/08

What other reason is there that i have 2 pay Interest

Please revert

Regards
Sumit

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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22 August 2018 If you have not paid advance Tax you are liable to pay Interest u/s 234C @1% if you have not Paid Tax subsuent to end of Financial year Internet u/s 234B @1%.,