Dear Friend
my Total Income Rs. 5,98,715/-
what is my tax payable ?
necessary for interest payable u/s 234A/234B/234C ?
Shreya Aggarwal
(Student)
(125 Points)
Replied 31 July 2011
If you have net income of Rs. 5,98,715.00 during previous year 2010-11, tax payable by you will be - Rs 55,360.00
HUSSAIN
(Business)
(111 Points)
Replied 31 July 2011
necessary for interest payable u/s 234A/234B/234C ?
Shreya Aggarwal
(Student)
(125 Points)
Replied 31 July 2011
Yes interest will be payable u/s 234B and 234C for default and deferment in payment of advance tax. If audit is applicable to you, interest u/s 234A won't be applicable to you as the last date of retun filing will be 30th Sep. 2011 in your case.