Hello,
In my ITR preparation, I had some amount of tax to be paid with interest (Total Interest u/s 234A 234B 234C).
I prepared this ITR by 31/08/2012, and submitted urgently without paying the payable tax amount as Self-assessment tax.
Now, 06/09/2012, I urgently paid that self-assessment tax and also preparing the revised ITR with self assessment payment details.
And then once I click on the "Calculate tax", I see that "Total Interest u/s 234A 234B 234C" is raised by Rs. 437 and still the tax payable is showing that different (ie 437).
I find that it is all due to the month changed from Aug to Sep, and so interest raised.
Now my question is that to pay this balance amount Rs. 437, shall I again pay the self-assessment tax as did earlier and mentioned the break-up as follows.
Tax (basic tax) = 0.00
Surcharge (not applicable)= 0.00
Penalty (not applicable) = 0.00
Education cess (3%) = 0.00
Interest (ie 234B,234C or any other interest) = 437.00
Other = 0.00
Penalty = 0.00
Total = 437.00
And once paid this amount as well, put this payment details as well in ITR form as second entry in self assessment.
Please clarify my doubt whether am I right with this.
Thanks
Self-assessment tax query
Sakitram (NA) (189 Points)
06 September 2012