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Fill These data to count interest automatically int u/s.

234A
Constitution of Assesee(Put C for Company else,0) 0 int u/s. 234B
Tax Payable 100000 int u/s. 234C
TDS 96000 Total Interest
Advance Tax 0
Due date of return 9/30/2008
actual date of Return 10/1/2008
Last date of F.Y. 3/31/2008
Adv Paid On or B4 15th June 0
Adv Paid On or B4 15th Sept 0
Adv Paid On or B4 15th Dec 0
Adv Paid On or B4 15th Mar 0

Dont Use above if the total advance tax payable comes to Rs. 5000/- or below Rs. 5000/-
40
280
148
468

elow Rs. 5000/-


Calculation 234 B and 234 C Interest for Non-Corporate Assessees
Interest Calculation upto 30th July
Total Tax on Income ###
Less: TDS Receivable -
###
Less: Advance Tax Paid ###
Balance Tax Payable ###
Under Section 234 B

Amount on which interst has to be paid 24,800.00


Months 4
Rate of Interest 1.00%
Interest Amount 992.00 992.00
Under Section 234 C
For 1st Instalment
For 2nd Instalment
For 3rd Instalment
% of Advance tax to be paid 30.00% 60.00% 100.00%
Amount Payable 18,540.00 37,080.00 61,800.00
Advance Tax Paid 10,000.00 21,000.00 37,000.00
Amount on which interest has
to be paid 8,540.00 16,080.00 24,800.00
Months 3 3 1
Rate of Interest 1.00% 1.00% 1.00%
Interest Amount 255.00 480.00 248.00 983.00
Net Tax Payable (including Interest) ###
Advance Tax Paid Details
Amount Paid in Cumulative
each advance tax
Particulars Paid upto instalment paid
Advance Tax Paid upto 15th Sept 10,000.00 10,000.00
Advance Tax Paid upto 15 Dec
th
11,000.00 21,000.00
Advance Tax Paid upto 15 Mar
th
16,000.00 37,000.00
Interest Payable U/s 234B :

Tax Assessed -

Less : TDS -

Less : Adv Tax - -

Adv Tax & TDS / Tax Assessed #DIV/0!

(Whether is greater than 90% or not)

Note : Hence, 234 B is Applicable

No of Months (Apr to Oct ) 7

Interest Rate 1%

Interest U/s 234 B #DIV/0!

Interest Payable U/s 234C :

Total Tax Payable before


advance Tax Payment less - - -
TDS

Tax for which % of Tax Interest


Rate in Amount No of Advance Min of Tax
Due Date Interest % Interest to be amount be Amount
% payable months Tax paid had to be paid
calculated remitted (Rs.)

Upto June 15th 15% - 1.00% 3 - - - 12% -

September 15th 45% - 1.00% 3 - - - 36% -

December 15th 75% - 1.00% 3 - - - 75% -

March 15th 100% - 1.00% 1 - - - 100% -

Total - -
Calculation 234 B and 234 C Interest for Corporate Assessees
Interest Calculation upto 30th July
Total Tax on Income
Less: TDS Receivable

Less: Advance Tax Paid


Balance Tax Payable
Under Section 234 B
Amount on which interst has to be paid 24,800.00
Months 4
Rate of Interest 1.00%
Interest Amount 992.00
Under Section 234 C
For 1 Instalment
st
For 2nd Instalment
For 3rd InstalmentFor 4th Instalment
% of Advance tax to
be paid 15.00% 45.00% 75.00% 100.00%
Amount Payable 9,270.00 27,810.00 46,350.00 61,800.00
Advance Tax Paid - 10,000.00 21,000.00 37,000.00
Amount on which
interest has to be
paid 9,270.00 17,810.00 25,350.00 24,800.00
Months 3 3 3 1
Rate of Interest 1.00% 1.00% 1.00% 1.00%
Interest Amount 276.00 534.00 759.00 248.00
Net Tax Payable (including Interest)

Advance Tax Paid Details


Amount Paid in Cumulative
each advance tax
Particulars Paid upto instalment paid
Advance Tax Paid upto 15th June - -
Advance Tax Paid upto 15th Sept 10,000.00 10,000.00
Advance Tax Paid upto 15th Dec 11,000.00 21,000.00
Advance Tax Paid upto 15th Mar 16,000.00 37,000.00
Assessees

61,800.00
-
61,800.00
37,000.00
24,800.00

992.00

th
Instalment

1,817.00
27,609.00