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234c

ITR 338 views 1 replies

I am a non-corporate assessee 

say my tax was rs.10000 and i paid rs. 3000 as advance tax on  30th september, rs. 3000 on 15th december and rs. 4000 on 15th march.

since i paid september advance tax late, should i pay 234C interest for just 1 month or for whole 3 months?

 

Replies (1)

The amt paid on 30th Sept will be deemed to be paid on 15th Dec. So interest will be calculated as if you paid Rs 6000/- on 15th Dec.(ie, Rs 90)


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