234b

jithin (Article) (33 Points)

28 January 2014  

suppose I am a non corporate assessee. 

my tax for the year is rs. 2,76,025 (inclusive of all cess excluding 234 A B & C)

advance tax paid- 28.09.2012- rs. 50,000     19.12.2012- rs. 50,000       06.05.2013- rs. 1,60,000

what will the amount of interest u/s 234 B if I file the return on 31.01.2014 ? and how is it calculated.