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Q. > Please Help: Income Tax
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354 views • Question added Aug 18, 2011 • Income Tax • By CA Rajnish , CA , gorakhpur


Under section 234B interest for non payment of advance tax ,please tell weather TDS is consider for interest calculation?

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CA VIPIN GARG

18-Aug-2011 , 04:50:58 pm

Yes interest will be calculated on final tax payable after deducting the TDS Rajnish Ji..... Have a nice day..........

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Ashish Karundia

18-Aug-2011 , 06:00:17 pm

Yes, you have to pay interest on the balance amount (i.e. after deduction of TDS)

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CA Rajnish

18-Aug-2011 , 06:39:01 pm

thanks friends.

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