Scribd Logo
Upload

Welcome to Scribd!

  • Interest Calculation U/s 234 Upto 15/09 Upto 15/12 171889 220639

    Uploaded by

    Divya Gandhi
    5 views2 pages
    This document contains details of interest calculation under section 234 of the Income Tax Act for different payment periods. It summarizes the taxable income, tax deductions, income subject to normal tax, tax payable, advance tax payable, advance tax paid, shortfall in payment and interest payable for failing to pay adequate advance tax in stipulated installments. The total interest payable as per section 234C of the Income Tax Act is Rs. 332.

    Original Description:

    Original Title

    234c

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains details of interest calculation under section 234 of the Income Tax Act for different payment periods. It summarizes the taxable income, tax deductions, income subject to normal tax, tax payable, advance tax payable, advance tax paid, shortfall in payment and interest payable for failing to pay adequate advance tax in stipulated installments. The total interest payable as per section 234C of the Income Tax Act is Rs. 332.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views2 pages

    Interest Calculation U/s 234 Upto 15/09 Upto 15/12 171889 220639

    Uploaded by

    Divya Gandhi
    This document contains details of interest calculation under section 234 of the Income Tax Act for different payment periods. It summarizes the taxable income, tax deductions, income subject to normal tax, tax payable, advance tax payable, advance tax paid, shortfall in payment and interest payable for failing to pay adequate advance tax in stipulated installments. The total interest payable as per section 234C of the Income Tax Act is Rs. 332.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Interest Calculation U/s 234

    Description
    short term capital gain @ 15%
    Taxable Income
    Deduction
    Income Subject to Normal Tax
    Tax on Above
    Tax on special rate
    Net Tax Payable
    Education cess
    Total Tax
    Less:TDS
    Net Tax Subject to Advance Tax
    Advance tax Payable %
    Advance tax Payable
    Advance Tax Paid
    Short fall
    Rate of Interest u/s 234C
    Interest Payable

    upto 15/09

    upto 15/12
    171889
    1196874
    128603
    1068271
    166481
    25783
    192265
    5768
    198033
    107421
    90612
    30
    27183
    25000
    2183
    3
    66

    Interest U/s 234 C

    332

    Total Interest

    332

    220639
    1196874
    128603
    1068271
    166481
    33096
    199577
    5987
    205564
    107421
    98143
    60
    58886
    50000
    8886
    3
    267

    upto 15/03
    229975
    1196874
    128603
    1068271
    166481
    34496
    200978
    6029
    207007
    107421
    99586
    100
    99586
    105000
    0
    1
    0

    UPTO 31/03
    229975
    1196874
    128603
    1068271
    166481
    34496
    200978
    6029
    207007
    107421
    99586
    100
    99586
    105000
    0

    26000
    60000
    80481.3
    166481

    You might also like