Income tax returns for individuals must be filed before July 31. That means, your income tax return for the income earned during April 2007 to March 2008 will have to be filed before the 31st of July 2008.
But don’t worry if you have missed the last date. you are not liable to any penalty but only penal interest i.e. u/s 234A, 234B, 234C
So I am giving a calculator for calculation of Interest u/s 234A, 234B, 234C. Please follow these instruction before using this calculator.
1) Enter date format as mm/dd/year.
2) Enter total income excluding any capital gain.
3) Read all dates given on this calculator as mm/dd/year
4) calculation interest u/s 234B is done by this calculator only when the advance tax is paid less then 90% of total tax.
Notes:
1)Please let me know immediately if you find any errors or mistakes in this calculator by using below form. I will immediately rectify that mistakes and i will be very thankful for this.
2)It may be clarified that interest u/s 234B and 234C shall not be payable if the advance tax payable is less that Rs.5000.
3) please refer to these posts for more knowledge about Advance Income Tax such as last dates, calculation of interest etc.(click here)
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{ 25 comments… read them below or add one }
please check now.
I want to calculate the interest for a.y.2008-2009
I want to interest calculate or interest calulator u/s 234A, 234B & 234C for a.y.2007-08 & 2008-09
please send software for Income Tax Calculator with interest calculation u/s 234A, 234B., 234C
Please send IT Calculator with interest calculator U/s 234B & 234C
Please send software for Income Tax Calculator with interest calculation u/s 234A,234B,234C
please send me a software
please send me a IT claculator software
Please send tax calculator for the year 2009-10 and 2010-11
Please send software for Income Tax Calculator with interest calculation u/s 234A,234B,234C fpr year 2007-08 and 2008-09
please send calculation of Interest on IT refund for year 2008-09,2009-10
please send calculation of Interest on IT return
for year 2008-09,2009-10
Dear Sir,
Please send software for Income Tax Calculator with interest calculation.
Please send software for Income Tax Calculator with interest calculation u/s 234A,234B,234C FOR A.Y. 2008-09 and 2009-10
respected sir,
iam working at chartered account . whichever changes in income tax relus or act infomed you please in my address
Please supply Income Tax Calculator with Interest under Section 234A,234B,234C for A.Y.2010-11
Please supply Income Tax Calculator with Interest under Section 234A,234B,234C for A.Y.2008-09
my reterned income is 4,26,780/- and for the self assessment tax is Rs.29,022/- assessment year 2008 – 2009. my date of filing return is 25.3.2009. so can you explain me that how to calculate the intrest on u/s2234B.i understood the calculation of A,and C. But how to calculat Intrest of u/s234B.
Pls Send to ITax & Interest Calcu.
Please supply Income Tax Calculator with Interest under Section 234A,234B,234C for A.Y.2010-11in the case of company.
income ta calculator with interest calculation u/s 234A, 234B, 234C
I WANT TO KNOW THAT HOW TO CALCULATE THE TAX OF 234(B)?
please send calculation of Interest on IT return
for year 2008-09,2009-10
toatal tax pay 12136/- but no advance tax paid
Dear Sir/Madam,
pls. send the income tax calculator with interest under section 234A,234B,234C for the A.Y.2009-10
Thanks & regards
Ajith