Nidhi (Chartered Accountant) (59 Points)
12 October 2010Assessee's Gross Total Income is
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Rs.17562139 |
Which includes Long Term Capital Gian of Rs.15068434/- and Other Sources Income is Rs.2493705/- and Deduction U/s 80C Rs.100000/-
Tax On LTCG is Rs.3013687/-and Tax at normal rates is Rs.614113/- And Cess of Rs.108834/-
TDS is Rs.236362/-.
Assessee is Senior Citizen Male.
Calculate the Interest U/s 234A, B and C.
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 12 October 2010
If return Filling date was 31.07.2010 then interest amount would be as under
234A Rs 105009
234B Rs. 245021
234C Rs. 129511
Ganga
(CA Final)
(101 Points)
Replied 12 October 2010
If return filling date is 31.07.2010 (filed within due date)then how it will have 234A Interest
Interest U/s 234B is 1,36,858.00
Interest U/s 234C is 1,88,179.00
Total Tax to be paid is Rs.37,46,474.00
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