Hi,
I need to file ITR in July. As i was out of country i could not file it. My company has issued me a form 16.
Addionally, i need to pay taxes on the interest earned on my bank interest. I understand that
since i have not paid these by July 31st 2014. I need to pay penal interest on this.
Can anyone help me with any excel utility or tool to compute penal interest for belated returns.