04 July 2013
Dear Sir, A partnership firm opting sec. 44AD in AY 2013-14 and whose self assessment tax coming to Rs. 42500/-. I filled the itr 5 excel utility and clicked on calculate tax, then it calculated tax same as I calculated but I did not calculated interest on tax. I suppose that interest is leviable in above case, as self assessment tax is above Rs. 10000/-.