late payment

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  1. Shiridi

    Shiridi New Member

    I sold a property on Dec 11.2015.I paid 4 lakhs in may.the total tax liability is 4.5 lakhs.pls advice what is the total penalty I have to pay until now
  2. sanjayjha0704

    sanjayjha0704 New Member

    please provide details of property , short term or long term, sale consideration, ? , date of payment of tax paid by you ..
  3. Shiridi

    Shiridi New Member

    Dec 11 is the sale data.long term cap gains.27 may.
  4. ZED

    ZED Well-Known Member

    I believe you mean to ask interest and not the penalty.
    Kindly insert the details of all your income in ITR utility and the utility will calculate it automatically.
    Since the date is before 15th December this implies you interest u/s 234C should also be there. The interest amount would be depended upon details of other income aswell.
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