Do I need to pay interest under sec 234b,234c

I have 2 form 16?s for last financial year as I worked with 2 employers Total tax comutation Rs 32610 TDS detcuded by employers Rs Rs24950 Tax that I have to pay still is Rs 7660 (not paid yet) Now Do I have to pay interest under sec 234b, 234c?? Can you please clarify me on this

asked Jul 14 '11 at 12:56 by Karthikeyan 1111


As pending tax is less than Rs 10,000, you don’t have to pay any interest under section 234B or 234C.

answered Jul 14 '11 at 16:08 by pankaj 5.2k320

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Asked: Jul 14 '11 at 12:56

Seen: 1,751 times

Last updated: Jul 14 '11 at 16:08