Interest on late income tax

Total interest

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Late return (formerly 234A) ·

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Short advance tax (formerly 234B) ·

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Deferred instalments (formerly 234C)

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Instalment-wise working

Date	Due	Paid	Shortfall	Interest

Simple interest at 1% a month or part of a month, on amounts rounded down to the nearest ₹100. Assumes the balance tax is paid on the filing date. Self-assessment tax paid earlier, and relief for capital gains or dividends arising later in the year, are not reflected.