Solution-Calculate the interest payable by him

Calculate the interest payable by him

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Reference no: EM132858706

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Q1. Mr. Pradeep Chauhan has estimated his tax liability to be Rs.1,35,000 and has paid advance tax accordingly but subsequently his tax liability was found to be '1,90,000. Calculate the interest payable by him under section 234C.

Q2. ABC Ltd. has tax liability of '7,00,000 for the previous year 2012-13 and the company has not paid any advance tax and entire tax amount was paid by the company on 31.12.2013. Calculate the interest payable by him under section 234 as per the provisions of the Act of 1961.

Reference no: EM132858706

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Calculate the interest payable by him : Mr. Pradeep Chauhan has estimated his tax liability to be Rs.1,35,000. Calculate the interest payable by him under section 234C

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Calculate the interest payable by him

Reference no: EM132858706

Reference no: EM132858706

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