02 June 2018
I have filled my return of AY 17-18 in March 2018. There was tax payable by me of Rs.11505, For the same I have filled 10E in the month of March 2018 before filling Return of Income. But the assessment order u/s 143(1) tax liability is zero but interest of Rs.3000 under section 234A,B and C were charged and demand raised. how I can get relief for the same. or else I have to pay the Interest.
02 June 2018
Tax relief as per section 89(1) will not be counted for calculating interest, Therefore, if calculation of Rs. 3,000 is correct, there is no way out to reduce that amount.