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Interest u/s 234b, c

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2014
What will be the amount of interest u/s 234B and 234C, for given facts as below.

Person is resident sr. citizen,
Tax payable Rs.14721
Tax deducted at source Rs.6801
Balance tax payable Rs.7920

Date of payment of self assessment tax (Rs.7920) is 04/06/2014.

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Deepti Asawa

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Deepti Asawa (Expert)
06 June 2014 Here Income tax liability less than rs. 10,000/- so that

Interest u/s 234B = NIL
Interest u/s 234c = NIL

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