04 February 2014
GOOD MORNING SIR, I AM NOT ABLE TO CALCULATE THE INTEREST U/S 234B as per notice.EVERY TIME I AM FACING PROBLEM FOR THIS SECTION ONLY. PLEASE SOLVE MY BELOW QUEY... As provided by as per 143(1) Taxpayer in return of income
20 February 2014
Your interest computation u/s.234B is correct. Since some of your TDS claims disallowed by the department, excess interest is demanded in the intimation u/s.143(1).