Payment of tax on savings bank interest amount

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I got the last savings bank interest on 25.03.2019 and as it is taxable I am trying to pay the amount of tax on the interest amount. I select 

 

Assessment Year 2019 20

But at the time of proceeding I got this message "Assessment Year cannot be greater than the current financial year for the type of payment selected by you"

If I select 

Replies (10)

Oh then I have to choose 100 ( advance tax) for paying this one. Many thanks for the reply. 

Yes, you have to select advance tax if you are making tax payment before 31st March
under section 80tta, all normal persons are eligible for tax exemption as Rs.10K for savings and FD interest.
@ Mr trnghosh...

Why you will pay Advance Tax...?
Is Your tax liability exceeds above 10k...?

In response to all of your question I have to say that I am a salaried person and my employer deducted an amount of Income Tax Rs 83384.00 for the financial year 2018-19 against my salary , and as per my thinking the interest which  I have earned in my savings account is also taxable and I have to pay tax on this interest amount so I like to pay the advance tax ( though the interest amount is very very small ) . If my thinking is wrong please guide me quickly as I have only two days to pay this one. 

Thanks for all of your help so far. 

If your interest amount is below 10K then no need to pay Advance tax on same.
Because you will offer interest amount as income and claim deduction of same under sec 80TTA.
So don't worry if your interest amount is below 10K

My interest amount is far far below 10 K.

Then you won't have any tax liability arriving because of interest income. No need to pay Advance tax

No need to pay advance tax as your Interest is below Rs.10000. You can claim interest as deduction u/s 80TTA at the time of filing your ITR.

Thanks for the help. 

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