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<h1>Interest Charged Under Section 234C for Insufficient Advance Tax Payments on Specified Dates: June 15, Sept 15, Dec 15, Mar 15.</h1> Interest under Section 234C is levied if the advance tax paid in installments is below certain thresholds. Specifically, interest applies if the advance tax paid by June 15 is less than 12% of the assessed tax, by September 15 is less than 36%, by December 15 is less than 75%, and by March 15 is less than 100%.
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