Income Tax Return ഇ-ഫയലിംഗ് നടത്തിയ ചിലര്‍ക്കെങ്കിലും Interest u/s 234 A, 234 B, 234 C ഇങ്ങനെ മൂന്നു കോളങ്ങളിലായി കൂടുതലായി അടയ്ക്കേണ്ട തുകയെ സംബന്ധിച്ച വിവരങ്ങള്‍ കിട്ടിയിരിക്കാം.
Section 234 A - റിട്ടേണ്‍ ഫയല്‍ ചെയ്യാന്‍ താമസിച്ചാല്‍
Section 234 B - 10000 ല്‍ കൂടുതല്‍ Tax ഉള്ളവര്‍ Advance Tax നല്‍കിയില്ലെങ്കില്‍
Section 234 C - ഓടോ ക്വാര്‍ട്ടറിലും അടയ്ക്കുന്ന Tax നിശ്ചിത ശതമാനത്തിലും കുറവാണെങ്കില്‍.
അപ്പോള്‍ ജാഗ്രതൈ !!
ഓരോ സാമ്പത്തികവര്‍ഷവും Anticipatory Income Tax Statement തയ്യാറാക്കി,അടയ്ക്കേണ്ടി വരുന്ന Tax ന്റെ 1/12 വീതം ഓരോ മാസവും അടയ്ക്കുക. ചിലരെങ്കിലും മാസം ചെറിയ തുക അടച്ച് വര്‍ഷാവസാനം ബാക്കി തുക ഒരുമിച്ചു നല്‍കുന്ന രീതിയുണ്ട്. അവര്‍ക്കു പിടി വീഴും.
Section 234 A : Interest payable for default in furnishing the return of income
Where the return of income for any assessment year is furnished after the due date or is not furnished, the assessee shall be liable to pay simple interest at the rate of one per cent for every month or part of a month for the period commencing on the date immediately following the due date upto the date of furnishing the return (in cases where return is furnished after the due date) or upto the end of the Assessment Year (in cases where no return is furnished) on the amount of shortfall in total income tax payable by the assessee.
In simple words, interest @ 1% per month is payable on the amount of income tax paid after the due date for filing of the return.
Section 234 B : Interest payable for default in payment of advance tax
All assesses including salaried employees, self-employed professionals, businessmen etc. are required to pay Advance Tax where the tax payable is Rs 10,000 or more.An assessee who is liable to pay advance tax has failed to pay such tax or where the advance tax paid by such assessee is less than ninety per cent of the assessed tax, the assessee shall be liable to pay simple interest at the rate of one per cent for every month or part of a month for period from the date on which the payment of advance tax became due on the amount of shortfall in the amount of advance tax paid.
In simple words, interest @ 1% per month is payable on the amount of income tax paid after the end of the financial year.
Section 234 C : Interest payable for deferment of advance tax
Interest is payable @ 1% for 3 months on the amount of shortfall in payment of advance tax became due on 15th June (applicable only to Corporate assessees), 15th September (all assesses) and 15th December (all assessees) and interest @ 1% on the amount of shortfall in payment of advance tax became due on 15th March (all assessees).
Please note that in case of salaried employees, the advance tax liability is to be computed on the income other than salary income. TDS deducted by the employer is not to be adjusted against this liability.
Non-corporate assessee:
Due date of Instalment Amount payable
1. On or before the 15th September 30% of such advance tax.
2. On or before the 15th December 60% of total advance tax.
3. On or before the 15th March 100% of total advance tax.
Corporate assessee:
Due date of Instalment Amount payable
1. On or before 15th June 15% of such advance tax.
2. On or before the 15th September 45% of total advance tax
3. On or before the 15th December 75% of total advance tax
4. On or before the 15th March 100% of total advance tax