How to calculate Interest on Late Payment of Income Tax

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  1. kalari

    kalari New Member

    My tax liability for AY 14-15 in ITR-1 is RS 6000. How to calculate interest u/s 234A,B.C.
     
  2. Neha Sharma

    Neha Sharma Active Member

    @kalari

    When you furnish all relevant details in ITR 1 Excel Utility or Java utility, it will automatically calculate the Interest payable by you and you would be required to submit this interest before submission of Income Tax Return.
     
    aftab khan likes this.
  3. Ayush Gowda

    Ayush Gowda New Member

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