Interest calculation under Sec234B

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Interest calculation under Sec234B
Query (Issue) Started By: - KARTHIKEYAN TR Dated:- 24-7-2015 Income Tax
Income Tax
I am salaried person. I switched over company in Oct-2015. Due to this, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... my income tax assessment was not done properly in my previous and new companies. Hence, i need to pay the tax balance of ₹ 49801. My final tax is ₹ 514218 and TDS tax paid is ₹ 4644 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 17 and balance tax is (514218-464417=49801). Going by Sec234b, i have paid more than 90% of final tax before 31st Mar-2015 itself. i.e 464417/514218 is 90.3%. But still in ITR2 & ITR2A forms, i am get .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ting the interest for the remaining amount of ₹ 49801. I have paid the interest and submitted my ITR-V also. Please confirm me, whether the interest paid is correct or not. If not to pay, pleas .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e suggest me how to get refund of interest paid. Thanks in advance.
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