I am facing an error while filling the ITR-3 that is Total interest &fee payable is not equal to the sum of interest & Fee u/s 234A + 234B + 234 C + 234 F.
please clarify this. Thanks in advance
14 Replies
Sai Allu
(754 Points)
Replied 20 August 2022
1% per month or part of the month on the unpaid tax amount.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 20 August 2022
Interest calculated as per you income tax and section under which business declared. Give brief of your income and tax paid or TDS details tomorrow calculate interest
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 20 August 2022
Interest is automatically calculated by software.
Either it is Technical issue or total interest is not equal to the amount entered in the interest schedules
Either it is Technical issue or total interest is not equal to the amount entered in the interest schedules
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 20 August 2022
Here I think he is asking for as per hs calculation .
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 21 August 2022
If there is no tax amount then 234F alone is applicable if income is 2.5 to 5lacs
arun gowtham
(student)
(171 Points)
Replied 21 August 2022
Income is 8L profit is 3.5 L. I declared under 44AD and there is no TDS.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 21 August 2022
If it is filed on time then interest is not applicable.
If it is after 31st July then 234F alone applicable..
Pay late fees and file ITR .
If it is after 31st July then 234F alone applicable..
Pay late fees and file ITR .
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 22 August 2022
No interest is applicable in your case, which utility you are using to file return
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 22 August 2022
Can you confirm the date of filing?
If you are doing now then 234F is applicable and you may need to pay 1000/- late fees
If you are doing now then 234F is applicable and you may need to pay 1000/- late fees
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 22 August 2022
Delete the form already submitted and fill it again
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