sushil (Accounts) (62 Points)
30 August 2012Hi
I am filling ITR 1 and have filled up all the necessary details of taxes paid etc. however excel utility is calculating interest on tax which i paid today. Interest should be levied as due date has been extended from 31st July to 31 Aug-12.
I am using excel utility given on incometaxindiaefilling.gov.in
Please advice
Sushil
Shridhar Shah
(Chartered Accountant in Practice)
(172 Points)
Replied 30 August 2012
Muthukumar
(Chartered Accountant)
(78 Points)
Replied 30 August 2012
Try Mr.Sridhar's suggestion otherwise change the date of your system and put a back date and modify your date of filing accordingly and give it a try ....
Dheeraj
(Learner)
(1100 Points)
Replied 31 August 2012
As per my opinion, Date was extended to file the return not to deposit the tax. So, the interest calculation of excel utility is correct.
HARISH MEHTA
(Chartered Accountant)
(210 Points)
Replied 31 August 2012
Dear sushil u can manually change intereste figure in xls sheet.
change is manually and fill 0.
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