Interest U/s 234C

Vishal Gupta (Partner) (35 Points)

22 July 2011  
 
My client is having salary income. he has earned capital gain of Rs. 1500000 in the month of December (i.e 15th December). his tax liability after TDS is Rs 400000. now my question is how interest u/s 234c will be calculated. will interest for deferment of advance tax for the month of september will apply or not.