Interest on balance tax payable

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Interest on balance tax payable
Query (Issue) Started By: - narendra soni Dated:- 11-7-2013 Last Reply Date:- 13-7-2013 Income Tax
Got 1 Reply
Income Tax
URGENT PLease I am salaried per .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... son, When I calculated my tax liability, I found that TDS has short deducted by employers, hence I need to pay the balance tax . Please confirm whether interest is applicable , if yes then what %. re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... gards Reply By CA GOPALJI AGRAWAL: The Reply: You have to see whether TDS is lower than 90% of the tax liability presuming your total liability is more than 10000/- interest u/s 234B/C would be appl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ied. You can go through the same at the relevant link of this portal.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X