TaxTMI 
TaxTMI 
Interest on balance tax payable
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....nterest on balance tax payable<br> Query (Issue) Started By: - narendra soni Dated:- 11-7-2013 Last Reply Date:- 13-7-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>URGENT PLease I am salaried pers....
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....on, When I calculated my tax liability, I found that TDS has short deducted by employers, hence I need to pay the balance tax . Please confirm whether interest is applicable , if yes then what %. reg....
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....ards Reply By CA GOPALJI AGRAWAL: The Reply: You have to see whether TDS is lower than 90% of the tax liability presuming your total liability is more than 10000/- interest u/s 234B/C would be appli....
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....ed. You can go through the same at the relevant link of this portal.<br> Discussion Forum - Knowledge Sharing ....