<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Interest calculation under Sec234B</title>
    <link>https://www.taxtmi.com/forum/issue?id=108937</link>
    <description>Advance tax/payment-default issue where a salaried taxpayer switched employers and contends aggregated TDS met the pre-year payment threshold to avoid interest; nonetheless interest was computed on the residual tax balance, which the taxpayer paid and reported in the return. The operative question concerns chargeability of interest despite claimed sufficiency of pre-year payments and potential procedural remedy to recover interest paid.</description>
    <language>en-us</language>
    <pubDate>Fri, 24 Jul 2015 12:06:36 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:56:48 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=391180" rel="self" type="application/rss+xml"/>
    <item>
      <title>Interest calculation under Sec234B</title>
      <link>https://www.taxtmi.com/forum/issue?id=108937</link>
      <description>Advance tax/payment-default issue where a salaried taxpayer switched employers and contends aggregated TDS met the pre-year payment threshold to avoid interest; nonetheless interest was computed on the residual tax balance, which the taxpayer paid and reported in the return. The operative question concerns chargeability of interest despite claimed sufficiency of pre-year payments and potential procedural remedy to recover interest paid.</description>
      <category>Discussion-Forum</category>
      <law>Income Tax</law>
      <pubDate>Fri, 24 Jul 2015 12:06:36 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=108937</guid>
    </item>
  </channel>
</rss>